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Some Companies Find Buildings Are Relatively Unscathed

Although many were not so lucky, Buchanan Street Partners and Boxer Property report that office assets did not sustain any flood damage and give high praise to property management teams for heroic efforts.

By Lisa Brown | lisabrown | Updated on September 05, 2017

Offices at Kensington Offices at Kensington, an office property in Sugar Land, has not experienced flooding.

HOUSTON—Before Hurricane Harvey, there was increasing opportunity in Houston’s office sector as a result of the distress in the energy sector, according to Buchanan Street Partners. After Harvey, how are those investments holding up?

“We will all have to take a breath about what’s happened with Harvey,” Robert Dougherty, partner at Buchanan Street Partners, tells GlobeSt.com. “But our properties have survived relatively unscathed.”

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