Houston, August 26, 2025
News Summary
The 801 Travis office tower in downtown Houston has been sold to a private investor, marking a significant transaction in the commercial real estate landscape. With the building currently 45% leased, the new owner is poised to enhance occupancy and capitalize on nearby attractions, including a connected hotel and a well-established underground tunnel system. JLL Capital Markets facilitated the sale, highlighting a trend toward investing in properties with reset values to draw more tenants. This acquisition represents a pivotal move within Houston’s evolving business environment.
Houston
The 801 Travis office tower, a prominent 222,192-square-foot building located in downtown Houston, has been successfully sold to a private investor. The sale was facilitated by JLL Capital Markets, which represented the court-appointed receiver overseeing the property. This transaction marks a notable shift amidst changing dynamics in the commercial real estate market.
The 21-story building, constructed in 1981, resides on a 0.43-acre parcel at the corner of Travis and Rusk Streets. Currently, the tower is 45% leased, which presents opportunities for the new owner to enhance its occupancy rates and overall value. The building’s amenities include a multi-level parking garage that spans floors two through eleven, ensuring convenient access for tenants and visitors alike.
The sale also highlights a growing trend whereby buyers are seeking properties at reset values to implement necessary improvements and attract more tenants. This trend underscores a shift in the investment landscape, as investors become more cautious and strategic in their acquisitions.
During the sale process, JLL’s Capital Markets Investment Sales and Advisory team played a crucial role, comprising Senior Director Rick Goings, Managing Director Marty Hogan, Senior Managing Director Tom Hall, along with analysts Gianna New and Dawson Hastings. Their expertise assisted in guiding the transaction effectively.
Accessible via a skybridge that connects to the nearby 328-room JW Marriott Downtown Houston Hotel, the 801 Travis building benefits from its strategic location within the city. It also has direct connectivity to Houston’s six-mile underground tunnel system, which provides seamless access to various retail and dining options, further enhancing its appeal to prospective tenants.
Additionally, the property is located close to several major attractions including The Understory, Greenstreet Mall, Discovery Green, The Highlight, Toyota Center, Minute Maid Park, and The Grand Opera. This vibrant mix of nearby amenities further enriches the environment for businesses operating within the tower.
Transportation access is also a significant advantage for the 801 Travis office tower. On-ramps to major highways such as Interstate 45 and Interstate 10 are merely a few blocks away, while the METROrail light rail line provides additional connectivity to key sectors across Houston.
The 801 Travis building was previously owned by Dallas-based Lincoln Property Co., which acquired it in 2015 from Atlanta-based Goddard Investment Group. The new ownership dynamics are likely to usher in a new chapter for the building as it adapts to the evolving needs of today’s workforce and business climate.
FAQ
What is the current occupancy rate of the 801 Travis building?
The 801 Travis building is currently 45% leased.
What amenities does the 801 Travis building offer?
Amenities include a parking garage spanning floors two through eleven and a skybridge connecting it to the JW Marriott Downtown Houston Hotel.
Who facilitated the sale of the building?
The sale was facilitated by JLL Capital Markets, who represented the court-appointed receiver.
What is the significance of the building’s location?
The building connects to the underground tunnel system and is close to major attractions, enhancing its appeal for tenants.
Key Features of 801 Travis Office Tower
| Feature | Details |
|---|---|
| Square Footage | 222,192 sq ft |
| Number of Stories | 21 |
| Current Occupancy | 45% |
| Parking | Garage from floors 2 to 11 |
| Year Built | 1981 |
| Nearby Attractions | The Understory, Greenstreet Mall, Toyota Center, etc. |
| Transportation | Access to METROrail, I-45 and I-10 |
Deeper Dive: News & Info About This Topic
HERE Resources
Private Investor Acquires 801 Travis Office Tower Near Hotel
Additional Resources
- KHOU
- Wikipedia: Commercial real estate
- RE Journals
- Google Search: Office Tower Houston
- Realty News Report
- Google Scholar: Houston office real estate
- CoStar
- Encyclopedia Britannica: Houston
- Connect Commercial Real Estate
- Google News: Houston real estate
- The Real Deal
Author: STAFF HERE HOUSTON TX WRITER
HOUSTON STAFF WRITER The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
