Dallas Group Buys Houston Building, Market briefs

In Houston, Regis Property Management, a Dallas-based firm has purchased a 100,000-square-foot office building in Houston’s Uptown/Galleria area.

Built in 1981, the six-story building, 770 S Post Oak Lane, is located seven miles from downtown Houston.

Regis Property Management is an affiliate of Gene Phillips’ Pillar Income Asset Management and currently manages 34 commercial properties comprising in excess of 6 million sq ft.

“770 Post Oak is an outstanding asset with mostly long term tenants. We’re excited to move into the thriving Houston market,” said Rick Conley, President of Regis Property Management.