July 10, 2018
A local development group acquired 901 Commerce St., an historic building that once housed a Spaghetti Warehouse restaurant. The 15,072-square-foot property in downtown Houston delivered in 1903, originally serving as the Desel-Boettcher Warehouse, then a pharmaceutical company. The seller is based in Orange, CA, according to the Harris Central Appraisal District.
Spaghetti Warehouse had been in the downtown location since the mid-1970s, but the restaurant shut down after the building was inundated by Hurricane Harvey flood waters in September 2017. The unnamed buyer is planning to renovate the building. A spokesperson for the new ownership indicated that “our challenge will be to complete a historic renovation to a building that has a history of flooding.”
JLL’s Donna Kolius, Pierce Owens and Kaylie Walker, with assistance from Michael Hassler and Todd Casper of CBRE, represented the seller, an affiliate of a real estate investment trust.
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