3000 Post Oak Realty LLC Acquires 19-Story Office Building In Houston From BMark 2020-B18 Post Oak
3000 Post Oak Boulevard
Building Size
432,528 SF
Asset Type
Office
Closing
Sep 23, 2026
About this deal
AI
3000 Post Oak Boulevard is a 19-story office building located in Houston's Uptown district, with a total area of 432,528 square feet. The property was previously occupied by Bechtel and has recently undergone a transaction due to financial distress following the company's departure in 2023 and the maturity of an $80 million loan in 2025.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 3000 Post Oak Boulevard
- Market: Houston, TX
- Buyer: 3000 Post Oak Realty LLC
- Seller: BMark 2020-B18 Post Oak Boulevard LLC
- Brokers: Rick Goings, Marty Hogan & Jeff Hollinden - JLL
The buyer, 3000 Post Oak Realty LLC, is an entity that shares an address with Arnold & Itkin LLP, a personal injury law firm. The former owner's financial issues prompted the sale, emphasizing the changing dynamics in the Houston office market.
On the Map
Office
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Players
Post Oak Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93