HOUSTON-HFF has been tapped to market the356-unit, class A 1200 Post Oak Boulevard multi-housing tower inthe Galleria/Uptown submarket on behalf of the seller, a New YorkCity pension fund advisor. Though competed in 2003, the property isbeing marketed with value-add opportunities for investors.

Though an asking price isn't attached to the offering, theHarris Central Assessment District values the33-story property at $58.2 million. The tower is situated just westof Interstate Loop 610 adjacent to Uptown Park in the northernportion of Houston’s Galleria/Uptown District.

“1200 Post Oak is an iconic building that anchors the northernskyline of the Galleria/Uptown district,” commented HFF seniormanaging director Craig LaFollette in a pressrelease. “The property is proximate to the most anticipatednew developments underway in the area, including the first newoffice towers in three decades, which are expected to generate moredemand for luxury housing.” LaFollette is leading the teamrepresenting the property's seller.