SkyhouseDowntown, located at 1625 and 1725 Main St., is off of SH 49 andInterstate 69.
HOUSTON—A fund sponsored by CBRE Global Investors has acquired a674-unit multifamily complex in downtown. The property, known asSkyhouse Downtown, spans 528,338 square feet across two 24-storyresidential towers. The complex also includes two structuredparking garages.
The acquisition is part of the fund's broader strategy toacquire a property within a target US multifamily market that CBREGlobal Investors has identified in its "Winning Cities" program,which identifies metro areas that are expected to achievelong-term, resilient real estate performance.
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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.
