HOUSTON— With office construction in Houston at near historic levels, just shy of the 1980′s construction boom, tenants are trending toward newer properties. This flight to quality continues to influence a number of repositionings in the area in value-add properties.

The Plaza at Audley, a 93,000-square-foot office building in the Greenway submarket, recently completed extensive renovations. The property, located at 3120 Southwest Freeway, was acquired by Stream Realty Partners in August 2012 in a joint venture partnership with American National Insurance Company.

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