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Friday, May 18, 2012 Office
Seligman Western Enterprises purchased the Esperson Buildings, a 599,107-square-foot office property consisting of the Niels and Mellie Esperson Buildings located at 808 Travis Street and 815 Walker Street in Houston. Seligman Western purchased the buildings from a joint venture of The Amstar Group and Cameron Management. Details of the transaction were not disclosed. Founded in 1954, Seligman and Associates, Inc. is a leader in development, acquisition, and management of multiple commercial and residential properties throughout the western United States. Richard Rudd, Kent Peters, and Jared Chua of CB Richard Ellis represented the parties. Cameron Management is a Houston-based real estate group that owns, manages, and leases office buildings in Houston and San Antonio, Texas. Its portfolio is comprised of classic buildings located in Class A submarkets and managed to a Class A standard. Established in 1987, Amstar is a leading real estate private equity firm headquartered in Denver. The company invests throughout North America in value-add acquisition and development opportunities. In its history Amstar has acquired, developed and sold more than $3.5 billion of real estate. Address 808 Travis Street and 815 Walker Street, Houston, Tex. Size 599,107 square feet Built 1927 & 1941 Architect John Eberson Filed Under: Office E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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