Stream Realty Partners completed the ownership transfer of Houston Center in Houston, Texas, through a new joint venture alongside AustralianSuper, one of the world’s largest pension funds.
The property, a four-building, 4.6-million-square-foot, Class-A office campus in downtown Houston, is located at 1221 McKinney, 909 Fannin, 1301 McKinney and 1331 Lamar.
Stream, through its Value Preservation Advisors (VPA) team, will oversee the asset management, leasing, property management, and construction management for Houston Center.
Positioned at the heart of Downtown Houston, Houston Center is a dynamic mixed-use campus delivering an elevated tenant experience with flexible workspaces, a 10,000-square-foot fitness center, a 7,500-square-foot conference center, landscaped green spaces, and a variety of onsite and nearby retail and dining destinations. With a clear vision, strong ownership, and best-in-class amenities, Houston Center is uniquely poised to capture the growing demand from companies seeking high-quality, centrally located space with seamless connectivity to major transportation routes, cultural attractions, and Houston’s broader business community.
Executive Managing Director & Partner John Rogers and Senior Vice President Alex Roberto of Stream’s Investment Management team will provide day-to-day oversight of the investment strategy and business plan execution under the leadership of Chief Investment Officer, Adam Jackson. Stream Managing Director Ryan Barbles and Managing Director of Office Leasing Matt Asvestas will lead the leasing efforts for Houston Center on behalf of the venture. Managing Director of National Office Investor Services Adam Showalter, will oversee the execution of the campus’ hospitality-infused property management experience.
