Downtown Department Store Turned Office Building Hits The Block
The former Sakowitz department store at 1010 Lamar in Downtown Houston has hit the selling block.
After holding on to the 277,991-square-foot office for 11 years, the building’s owner, Younan Properties, decided it was time to list the property with HFF. At only 55 percent leased with an average remaining lease term of 2.4 years on the office side, the building could be a value-add opportunity for an investor looking for a prime Downtown location…
