Refinancing Fuels Upgrades at 25-Story One Riverway Tower in Houston

Refinancing Fuels Upgrades at 25-Story One Riverway Tower in Houston
Refinancing Fuels Upgrades at 25-Story One Riverway Tower in Houston

One Riverway Ownership Uses Refi for Upgrades at 25-Story Houston Tower

Following a recent recapitalization of One Riverway, ownership—an entity controlled by Azrieli Group and Unilev Capital—is actively pursuing new leases, renewals, and tenant expansions at the 507,565-square-foot, Class A office tower located in Houston’s Galleria area. The recapitalization includes a loan modification and an additional equity contribution aimed at repositioning the property for modern tenant needs.

Planned upgrades for the 25-story tower at 777 South Post Oak Lane include comprehensive renovations to common areas such as corridors and restrooms, full elevator modernization, and the creation of move-in-ready spec suites designed to accommodate the evolving demands of today’s office users.

One Riverway offers a range of on-site amenities including a tech-enabled conference center, a state-of-the-art fitness facility, an on-site café, outdoor terraces, and ample garage parking.

Stream Realty Partners is handling leasing efforts for the property on behalf of the ownership. The leasing team is spearheaded by Managing Director of Office Leasing Matt Asvestas, along with Brad Fricks and Danielle Rothchild.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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