Park Towers is a 545,242-square-foot office project in Houston's Uptown submarket.
HOUSTON—In a value-add play, Los Angeles-based Regent Properties recently acquired Park Towers, a 545,242-square-foot office property in the Uptown submarket for $89.5 million. The class-A office project was redeveloped in 2000 and renovated in 2017.
The development is comprised of two 18-story towers over shared structured parking located at the northeast corner of I-610/West Loop and Post Oak Boulevard. There is approximately 270,000 square feet of office space for lease including a contiguous block that contains 120,000 square feet. Its location provides access to Memorial Park, and Uptown shopping and dining options.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
