HOUSTON – Florida-based CP Group has acquired the 28-story Five Post Oak Park office tower.
The 567,000-sf tower is in the inner loop on the north side of San Felipe St.
The new owner will modernize interior finishes and add amenities such as a top-tier restaurant, coffee bar, an outdoor patio, and concierge services. Current amenities include a conferencing facility and a 3,000-sf fitness center.
The purchase is CP Group’s first in Houston since 2014. JLL Capital Markets represented the seller.
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Source: Realty News Report
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