Stream Buys 600 Jefferson

Stream and DRA Advisors closed the acquisition of 600 Jefferson, and plan to convert the 450k SF, Class-B building anchored by United Airlines into Class-A.

Stream’s Adam Jackson, Stewart Lyman and Craig McKenna will lease the property. They tell us there’s a scarcity of CBD office product at this price point that’s as well-located and efficient as 600 Jefferson. It’s one of the most easily accessible buildings Downtown, has rectangular floor plates with minimal internal columns, and is right at the gateway to the vibrant Midtown neighborhood. Stream and DRA will extensively renovate the property, currently 92% leased, to elevate it to top-tier status.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Forget Buildings, Retailers Are Leasing Environments

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters