Williams Tower Acquired For $300M In Largest Single-Property Office Sale Since 2019
Williams Tower, the iconic office tower next to The Galleria, has sold to its namesake tenant for more than $300M. This is the largest single-property office sale in Houston since 2019, according to Green Street News.
The Williams Cos. purchased the tower at 2800 Post Oak Blvd. from Williams Tower LP, an entity tied to Dallas' Invesco Real Estate. The transaction closed Monday.
Invesco purchased the 64-story, 1.4M SF building in 2013 for $412M, the Houston Chronicle reports. The property was appraised at close to $287M earlier this year, according to records from the Harris Central Appraisal District.
Although Tulsa, Oklahoma-based Williams Cos. doesn’t have plans to relocate its headquarters to Houston at this time, Glen Jasek, Williams' senior vice president of transmission, power and Gulf, told the Houston Business Journal that by purchasing the tower, the company is gaining a stronger foothold in Houston.
“The whole purpose behind the acquisition is really about investing in our people and in our future here in Houston,” he said. “Houston is a big part of the Williams story, and owning the property will give us the flexibility to support our growth. It will also allow us to play a bigger role in the community.”
Jasek told the HBJ the tower is 83% leased and the company is setting aside extra space for its own future expansion. Williams plans to add 100 employees to its more than 700 by the end of the year.
Williams came to Houston in 1995 when it purchased the building's anchor tenant, Transco Energy Co. Four years later, the tower was renamed in honor of the energy infrastructure giant.
Houston logged $1.1B of office sales in the first half of 2026, up from $876M a year prior, according to Avison Young. Private investors and owner-users like Williams accounted for the bulk of deals this year as they scooped up properties well below replacement cost. Houston has led the country in discounted office sales for the last few years.
Williams hadn’t provided a comment to Bisnow as of press time.
