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Sold: Historic Texaco Office-to-Apartment Tower, Market briefs

Sold: Historic Texaco Office-to-Apartment Tower

In Houston, The Star, a multifamily community created with the conversion of the 110-year-old Texaco building in downtown Houston, has been sold to Hasta Capital, a Florida-based apartment investor.

The Star redevelopment, which was part of a residential rebirth era in downtown Houston, opened its 286 units to renters in 2017.

In The Star, originally designed in Renaissance Revival style with Beaux, Arts accents, is located at 1111 Rusk on a block bounded by San Jacinto, Fannin and Capitol streets. The Star incorporates the initial 13-story structure that opened in 1915 with an addition added in 1938 and a 16-story addition completed in 1958.

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