Capital Commercial Investments recently purchased a 10-story tower from Nobel Energy for $18.2 million, according to the Austin Business Journal. This price is significantly lower than the $110 million that Noble Energy originally paid for the building and the additional $60 million spent on renovations and furniture. As part of their deal, Capital Commercial Investments also acquired all of the existing furniture in addition to the building itself. The tower, located at 1001 Noble Energy Way and built in 1998, offers over half a million square feet of space.
This acquisition is just one example of Capital Commercial Investments’ recent investments in Houston’s office market with multimillion-dollar deals being made last year as well as plans to close on two more buildings soon. In total, they have acquired seven office buildings in Dallas and Houston since 2024.
