SOLD
The Wideman Company Acquires Houston Office Complex From Lionstone Investments
712 Main Street & 708 Main Street
Office
1,778,000 SF
1,778,000 SF
Sold 16 days ago
Summary
Sale
TEXAS
Office
1,778,000 sqft
The Jones on Main complex in downtown Houston, which includes the JPMorgan Chase Bank Building and the Great Jones Building, totaling 889,000 square feet, has been acquired by a Florida-based real estate firm. The purchase was made in cash, displaying confidence in Houston’s office market despite challenges post-pandemic.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 712 Main Street & 708 Main Street
- Market: Houston
- Buyer: Matthew Wideman - The Wideman Company
- Seller: Bryan Sanchez - Lionstone Investments
The Wideman Company, the buyer in this transaction, has plans to renovate the historic buildings within the Jones on Main complex. Their focus will be on incorporating modern amenities and services to breathe new life into these iconic structures situated in the heart of Houston.
Details
SOLD
IMAGE: Matthew Wideman & Bryan Sanchez
DATE: 05/02/2024
ADDRESS: 712 Main Street & 708 Main Street
MARKET: Houston
ASSET TYPE: Office ~ SF: 889,000
BUYER: Matthew Wideman - The Wideman Company
SELLER: Bryan Sanchez - Lionstone Investments
NOTE: A Florida-based real estate firm has acquired downtown Houston’s Jones on Main complex, including the JPMorgan Chase Bank Building and the Great Jones Building, totaling 889,000 square feet. The purchase, made in cash, underscores confidence in Houston’s office market despite post-pandemic challenges. The buyer, The Wideman Company, plans to renovate the historic buildings, focusing on modern amenities and services to revitalize these iconic structures in the heart of Houston.View on map
Loading...
Address712 Main Street & 708 Main Street
Comparables
Reset filters to show results.