EY Ventures Acquires Office Building in Galleria Area

EY Ventures Acquires Office Building in Galleria Area

EY Ventures LLC, a Dallas-based real estate investment firm, has acquired 515 Post Oak in Houston’s Galleria submarket from New York Life Real Estate Investors. The 274,000-square-foot office building sits on a 3.12-acre site just east of the 610 West Loop.

Originally constructed in the 1980s, the property recently underwent over $1 million in capital improvements and boasts amenities such as a modern fitness center, tenant lounge and game room, on-site café, technology-equipped conference areas and ample parking.

JLL’s Capital Markets Investment Sales and Advisory team led by Jeff Hollinden and Kevin McConn represented the seller in this transaction.

According to Hollinden: “The sale of 515 Post Oak attracted significant interest from local operators and private investors due to its prime location within one of Houston’s most desirable submarkets.”

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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