Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  + Houston-Galveston  + Office  | 
Post Oak Park

Five Post Oak Park is CP Group’s First in Houston Since 2014

CP Group recently acquired Five Post Oak Park in Houston. The acquisition was completed via a joint venture with funds managed by Miami-based Rialto Capital Management LLC, the third in a recent series of strategic partnerships between Rialto Capital and CP Group. The transaction is CP Group’s first in the Houston market since 2014.

“Five Post Oak Park captures the essence of what many companies are looking for in their workspace today: high-quality offices in neighborhoods offering abundant residential and retail options,” said Angelo Bianco, managing partner at CP Group. “Our repositioning plans will modernize the interior finishes and design, and add coveted amenities within the building including a top-tier restaurant, coffee bar and concierge services to improve our tenants’ quality of life.”

The 28-story office tower is situated within the Galleria/Uptown section of Houston, within one of the most sought-after live work environments. It is also adjacent to the St. Regis Hotel and a private park, and a few blocks from the River Oaks District. 

“We have been looking for the right time and opportunity to re-enter the Houston market. Five Post Oak was Goldilocks; it checked all of the boxes: the right location, strong tenant mix, desirable nearby amenities, quality construction and a stabilized basis that is a substantial discount to replacement cost,” said Brett Reese, senior vice president at CP Group.

David Baker, executive vice president at Transwestern, is leading the property’s office leasing team.


Inside The Story

Angelo Bianco

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Sale/Acquisition