HOUSTON, TX - Realty.com, a privately-held national real estate brokerage and portal, headquartered in Houston, TX., has entered the commercial real estate market with the purchase of a 20-story Class A office building located at 363 North Sam Houston Parkway E, in North Houston.
Completed in 1982 and renovated from 2016-2019, with 400,000 square feet and a connected seven-level precast parking garage, the property represents a marked step forward for Realty.com, which has previously focused exclusively on residential real estate.
Completed in 1982 and renovated from 2016-2019, with 400,000 square feet and a connected seven-level precast parking garage, the property represents a marked step forward for Realty.com, which has previously focused exclusively on residential real estate.
This is an exciting first of many moves we’ll be making into the commercial real estate world.
Lance Custen, President & CEO, Realty.com
Additional features of the property include Energy Star labeling, an impressive on-site fitness center, a word-class delicatessen, and a renovated atrium running the full 20 stories and giving added ambiance and appeal to the already impressive building. Plans to add a tenant center with a full arcade and kitchen are already underway.
The strategic location of the building, on the North side of Beltway 8 just East of Interstate 45, includes convenient access points in every direction. The landscaping throughout the property is nurtured by an underground irrigation system, one of numerous upgrades and refurbishments that the building has benefited from to the tune of $8 million in capital upgrades over the past 6 years.
Realty.com, the only nationwide search portal allowing agents to buy their entire city exclusively, is currently poised to aggressively expand within the commercial real estate space through 2020 and into 2021 with the forthcoming launch of its VIP Office Space program tied to the recent acquisition of a notable portfolio of commercial properties.
The strategic location of the building, on the North side of Beltway 8 just East of Interstate 45, includes convenient access points in every direction. The landscaping throughout the property is nurtured by an underground irrigation system, one of numerous upgrades and refurbishments that the building has benefited from to the tune of $8 million in capital upgrades over the past 6 years.
Realty.com, the only nationwide search portal allowing agents to buy their entire city exclusively, is currently poised to aggressively expand within the commercial real estate space through 2020 and into 2021 with the forthcoming launch of its VIP Office Space program tied to the recent acquisition of a notable portfolio of commercial properties.