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Dan W. Stansbury Jr. & Steven J. Mancillas Acquire Office Tower From Naïm Abou-Jaoudé In Houston

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SOLD
Jeff Hollinden
Kevin McConn

Texas

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Office274,583 SF
Sold 02/10/2025
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Property Image
SOLD

Dan W. Stansbury Jr. & Steven J. Mancillas Acquire Office Tower From Naïm Abou-Jaoudé In Houston

515 Post Oak Boulevard

See Similar Deals
Office274,583 SF
Sold 02/10/2025
Jeff Hollinden
Kevin McConn
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:274,583 SF
Transaction Type:Sale

515 Post Oak Boulevard is a 274,583 square foot Class A office tower located in Houston’s Galleria submarket. The property is currently 74% leased and has undergone recent upgrades with more than $1 million in improvements, contributing to its appeal in the market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 515 Post Oak Boulevard
  • Market: Houston
  • Buyer: Dan W. Stansbury Jr. & Steven J. Mancillas - EY Ventures LLC
  • Seller: Naïm Abou-Jaoudé - New York Life Real Estate Investors
  • Brokers: Jeff Hollinden & Kevin McConn - JLL

JLL Capital Markets facilitated the sale on behalf of seller New York Life Real Estate Investors and successfully secured the buyer, EY Ventures LLC. The transaction garnered significant investor interest attributed to the property’s location and its recent enhancements.

Players

Kevin McConn
JLL
Kevin McConn
29 deals$213M volume(713) 425-5839
BROKER
Jeff Hollinden
JLL
Jeff Hollinden
14 deals$838M volume
BROKER

Details

SOLD
IMAGE: Dan W. Stansbury Jr, Steven J. Mancillas, Naïm Abou-Jaoudé, Jeff Hollinden & Kevin McConn DATE: 02/10/2025 ADDRESS: 515 Post Oak Boulevard MARKET: Houston ASSET TYPE: Office ~ SF: 274,583 BUYER: Dan W. Stansbury, Jr. & Steven J. Mancillas - EY Ventures LLC SELLER: Naïm Abou-Jaoudé - New York Life Real Estate Investors (@NewYorkLife) BROKERS: Jeff Hollinden & Kevin McConn - JLL (@JLL) NOTE: JLL Capital Markets arranged the sale of 515 Post Oak, a 274,583 SF Class A office tower in Houston’s Galleria submarket, representing seller New York Life Real Estate Investors and securing buyer EY Ventures LLC. The 74% leased property, recently upgraded with $1M+ in improvements, drew strong investor interest due to its prime location and amenities. ïmAbouJaoudé

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