Park Towers is a545,242-square-foot office project in Houston's Uptownsubmarket.
HOUSTON—In a value-add play, Los Angeles-based Regent Propertiesrecently acquired Park Towers, a 545,242-square-foot officeproperty in the Uptown submarket for $89.5 million. The class-Aoffice project was redeveloped in 2000 and renovated in 2017.
The development is comprised of two 18-story towers over sharedstructured parking located at the northeast corner of I-610/WestLoop and Post Oak Boulevard. There is approximately 270,000 squarefeet of office space for lease including a contiguous block thatcontains 120,000 square feet. Its location provides access toMemorial Park, and Uptown shopping and dining options.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
