HOUSTON – A partnership between Triten Real Estate Partners and Taconic Capital Advisors has purchased 1111 Fannin.
The 17-story, 428,629-sf office building was fully leased to JP Morgan Chase at the time of sale.
Amenities include a conference center, attached parking garage and access to the city’s tunnel system, which has more than seven miles of underground climate-controlled walkways with retail and dining amenities.
The new owner will redevelop the building and has tapped Chicago-based HPA Architecture to conceptualize the design.
JLL represented the seller and procured the buyer.
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Source: REBusiness Online