Ross Posted March 12 Share Posted March 12 There are 100+ units in that condo, with a bunch of different owners. There's a unit for sale now that's 664 sq ft, $147k and $460 per month condo fee. https://www.har.com/homedetail/800-post-oak-blvd-32-houston-tx-77056/3438735 That's not going to be redeveloped any time soon, unless someone is willing to pay 300% of current prices, and maybe not then. 1 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted March 12 Share Posted March 12 (edited) Per HCAD, there are 101 units. AMREIT already owns at least 22 of them. Another entity owns at least 6. AMREIT was purchased by Edens, the company that now also owns Uptown Park. It looks like AMREIT/Edens aims to buy the complex. (Typically, a majority vote can require all owners to sell.) On the other hand, it seems they haven't bought recently, so they (AMREIT) may have changed their mind. Seven units have sold in the past 2 years; AMREIT bought none of them. Edited March 12 by Houston19514 4 1 Quote Link to comment Share on other sites More sharing options...
Urbannizer Posted March 26 Share Posted March 26 On 3/12/2024 at 12:55 PM, Houston19514 said: Per HCAD, there are 101 units. AMREIT already owns at least 22 of them. Another entity owns at least 6. AMREIT was purchased by Edens, the company that now also owns Uptown Park. It looks like AMREIT/Edens aims to buy the complex. (Typically, a majority vote can require all owners to sell.) On the other hand, it seems they haven't bought recently, so they (AMREIT) may have changed their mind. Seven units have sold in the past 2 years; AMREIT bought none of them. I’ve merged with the existing topic which shows AMREIT planned to redevelop the site back in 2014. Eden’s scrapped those plans after the merger. 3 Quote Link to comment Share on other sites More sharing options...
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