HOUSTON—Stream Realty Partners has completed extensive renovations at The Bellevue, a 119,545-square-foot office property located at 2323 S. Shepherd in the River Oaks area. The property was acquired by Stream in October 2011 in a joint venture partnership with DRA Advisors LLC. Adam Jackson, managing director of Stream Realty's office division, oversees the partnership between Stream Realty and DRA Advisors.

“The Bellevue renovation has created a unique office opportunity for tenants focused on Houston's inner loop, an area that has seen virtually no new office development during the past 30 years,” said Stewart Lyman, vice president of Stream Realty. “The renovation transformed a well-located project from a Class B building to a fully modernized Class A asset that will function like a new building.”

The Bellevue underwent extensive upgrades, including:

  • Full remodel of the first floor to create a main lobby with Class A finishes throughout, including glass exterior walls to improve natural lighting

  • Modernization of elevator systems with state-of-the-art equipment, including new cabs matching the new lobby finishes

  • Renovation of tenant floors with new elevator lobbies, lighting, ceilings, paint and carpet

  • Extensive renovation of all restrooms

  • Upgraded landscaping including a high-end wood perimeter fence, upgraded exterior lighting, enhanced building entrance and a new covered drop off area

  • Installation of a state-of-the-art energy management system, new building access controls, new backup generator and a new fire panel

Lyman provides leasing services for the property along with Stream Realty's Philip Armes. Clif Kennedy of Stream Realty managed construction for the project and HOK provided architectural planning and design services. Stream's Chase Crawford oversees property management, with support from Jason Mock, Stream's senior operations manager. The building's rebranding and marketing efforts have been led by Bonnie Casseb.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.