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| + | == Historic 712 Main Street building changes hands == | ||
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| + | <html>The Lionstone Group has acquired the historic 712 Main Street building in downtown Houston. | ||
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| + | Built in 1929,<b>[http://karunaanimalwelfare.org/nike-nfl-jerseys-for-sale.html wholesale nike nfl jerseys]</b>,[http://wiki-ins.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:Vjpiampi1#Carson_sinks_to_a_new_low Carson sinks to a new low], the 37-story art deco style property was developed by Jesse H. Jones for Gulf Oil and the National Bank of Commerce. It was expanded in 1948 and 1950 to a total of 794,<b>[http://swissembroideries.com/jerseys.html football jerseys wholesale]</b>,186 square feet. The lobby walls feature eight frescoes depicting Texas history. | ||
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| + | “It is truly a local treasure nestled beautifully in the heart of downtown Houston,<b>[http://karunaanimalwelfare.org/nike-nfl-jerseys-for-sale.html cheap custom nfl jerseys online for sale]</b>, and cutting edge tenants are finding it very desirable,[http://www.sygl.sdnu.edu.cn/Review.asp?NewsID=191 Ultimate Astros » CSN Houston ‘will not’ survive without bankruptcy, Comcast says],” Lionstone Chief Investment Officer Glenn Lowenstein said in a news release about the deal. | ||
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| + | The property was sold by Brookfield Asset Management, which is also marketing the iconic Heritage Plaza for . Dan Miller and Trent Agnew of HFF represented Brookfield Asset Management in the transaction. | ||
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| + | Brookfield Asset Management purchased the building from JPMorgan Chase in 2010. The bank remains a tenant in the building which serves as Texas headquarters for its southwest banking operations under a lease through 2030. The property is 85 percent leased to 43 tenants. | ||
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| + | Transwestern has been retained by Lionstone to manage and lease the property.</html> | ||
