HOUSTON—Privately held real estate search portal Realty.com recently acquired the entire commercial real estate portfolio of Texas-based Oxley Leasing. The transaction includes approximately 1 million square feet of office space in Houston and Dallas.
The acquisition was led by Realty.com CEO Lance Custen. The purchase price was undisclosed.
The properties are located at 2646 S. Loop West and 8303-8313-8323 Southwest Freeway, both in Houston, 213 W. Southmore Ave. in Pasadena, TX and 5787 S. Hampton Rd. in Dallas. The mega-buy will result in the renovation of all buildings into class-A office spaces with amenities including full-size restaurants, arcades and gyms.
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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.
