HOUSTON – (Realty News Report) – The historic Union Transfer and Storage Building on the northern edge of downtown Houston has been listed on the National Register of Historic Places.
Listed on National Register of Historic Places
Built in 1917 and located at 1113 Vine Street, the three-story, 99,000-square-foot office building has been officially added to the National Register of Historic Places.
The property was acquired by 1113 Vine Street Holdings, LLC, an affiliate of Stratiq Capital. Situated near the Metro light rail line, White Oak Bayou and North Main Street, the building benefits from a convenient central location.
“1113 Vine St. has a rich history and will serve as a long-term investment opportunity to the buyer,” said A. David Schwarz III of Transwestern Real Estate Services. “Located adjacent to the University of Houston–Downtown and near Interstates 10, 45 and 59, the asset is easily accessible from all directions in Harris County.”
Transwestern’s Schwarz and Carlos P. Bujosa represented the seller, Lee Roy Murray III, in the transaction. The buyer was represented by Rick Walker of CXRE.
The building sits on a 2.26-acre parcel and offers an open floor plan with 33,000-square-foot floor plates. Current tenants include law firms, fitness trainers, oil and gas companies and nonprofit organizations. The basement provides climate-controlled storage space, adding to the building’s utility for a range of occupants.
Within walking distance of downtown Houston, the Theater District, Historic Market Square and the METRO Rail, 1113 Vine St. combines historic character with practical accessibility. Its large floor plates and adaptable interior make it attractive to diverse tenants, from professional services to fitness and industry-related businesses.
Located in one of Houston’s oldest neighborhoods, the Vine Street building is part of a broader revitalization around the University of Houston–Downtown where multiple historic properties have been restored.
For example, NewForm Real Estate, led by Dan Zimmerman, recently redeveloped two historic Main Street buildings at the corner of Main and Commerce streets: the three-story Raphael Building at 110 Main, built in 1876, and the five-story Dorrance Building at 114 Main, built in 1903.
Sept. 16, 2021 Realty News Report Copyright 2021
Photo courtesy Transwestern
For more about Texas real estate, see the book Houston 2020: America’s Boom Town – An Extreme Close Up by Ralph Bivins.
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File: Historic Downtown Building Sold