Lionstone Group Takes Over Iconic Houston Office Tower

Law360, Houston (October 15, 2013, 8:24 PM EDT) -- Real estate investment firm The Lionstone Group has acquired a historic downtown Houston office tower that is valued at as much as $110 million and serves as the home for the southwest banking operations of JPMorgan Chase & Co., according to the deal’s broker HFF Inc.

Lionstone picked up 712 Main Street, a 794,186-square-foot art deco skyscraper located in downtown Houston’s central business district, from Brookfield Asset Management Inc. Although the sales price was not disclosed, Real Estate Alert, a commercial realty data service, estimates the...
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