January 13, 2020
A client advised by L&B Realty Advisors LLP sold the River Oaks Bank Building, a 170,233-square-foot office building in Houston’s River Oaks District. In selling the asset to Fuller Realty Partners and Independencia Asset Management, the seller ended a close-to 10-year hold on the building at 2001 Kirby Dr.
Kevin McConn, Rudy Hubbard and Rick Goings with JLL represented the Dallas-based seller. JLL’s debt placement team, consisting of John Ream, Wally Reid and Cameron Cureton, secured acquisition financing on behalf of the buyer.
The building, which delivered in 1967, was recently renovated in 2017. The tenant mix includes those involved with insurance, finance, business services and non-profit organizations.
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