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  + Retail  | 

Historic Hogg Palace Lofts Sells to Austin Buyer

Kline Properties of Austin, TX acquired the eight-story, mixed-use Hogg Palace Lofts, located in downtown Houston. Randall Davis Co., the seller, ended its close to 25-year hold on the property with the disposition.

Located at 401 Louisiana St., Hogg Palace Lofts offers 79 residential units, along with retail and office space. The building opened in 1921, with Randall Davis converting it into residential lofts in 1995. JLL’s Chip Nash and Bob Heard, and Houston Income Properties’ Jim Hurd and Bishale Patel, represented the seller in the transaction.

Hogg Palace is designated an historical building by the Texas Historical Society. It once housed the office of William C. Hogg, businessman, philanthropist and son of Texas Governor James Hogg. It also was once home to the upscale automobile retailer Armor Auto Company.

It’s time to register for this year’s Connect Texas Multifamily Conference on Aug. 15! For information and to register, click here.

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Connect With JLL's NashConnect With JLL's HeardConnect With Houston Income Properties' Hurd

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Sale/Acquisition
New call-to-action