Ole! BBVA Compass Plaza purchased by Spanish investor
HOUSTON – A new Uptown office building has an even newer owner as BBVA Compass Plaza was purchased by a Spain-based private investor, Masaveu Post Oak Houston Delaware.
The sale demonstrates the continued interest of foreign capital in Class A product in locations such as Houston.
The property, located at 2200 Post Oak Blvd., is 83 percent leased, with its namesake, Houston-based BBVA Compass Bancshares Inc., occupying 58 percent of the space.
In addition to the corporate workplace, the campus houses executive offices, executive dining, a private banking center, a retail banking facility, as well as an employee cafe and high-end fitness facility.
The property also includes a parking garage, adjacent green space and two restaurants: Hugo Ortega’s seafood-centric "Mexican coastal kitchen" Caracol and recently opened Asian-fusion concept Oka, which took over the former Osteria Mazzantini space.
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