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119-Year Old Houston Office Building to Get Overhauled
NewForm Real Estate has acquired a historic building located at 917 Franklin St. in downtown Houston that consists of roughly 35,000 square feet of office space and 5,000 square feet of retail space. The six-story building originally opened in 1904 as Commercial National Bank. It operated as a commercial building until 1970.
NewForm is planning a complete overhaul of the building, including upgrades to the façade, lobby, windows, restrooms, utility systems and office suites. Realty News Report spoke to NewForm’s Dan Zimmerman, “We look forward to preserving the architecture of the building, while sustainably restoring and updating the interior office spaces and street retail to meet the needs of today’s office tenants and customers.”
The locally based investment firm has hired CBRE to lease the office space and Transwestern to lease the retail space.
- ◦Sale/Acquisition
