As more and more tenants embark on a citywide flight to quality, investors are scooping up older Houston-area office buildings and renovating them back to relevancy, per a Marcus & Millichap report on the Bayou City’s office market.
Local and regional buyers are interested in properties valued at under $10 million, per the report, and are staying cognizant of the amount of energy-related tenants in a property they’re considering buying.
Click to read more at Houston Business Journal.