CCI-MBM XVI, LP

Location: Houston, Texas

A landmark 21-story, 411,243-square-foot Class A office tower located in one of Houston’s most desirable submarkets, this offering combines institutional quality with exceptional positioning in the heart of Uptown. The acquisition also includes a 7,019-square-foot restaurant leased to Pappas Bros., one of Houston’s most recognized dining operators. Developed by Hines in 1978 and significantly renovated in 2001, the property carries a strong development pedigree and enduring market presence. Situated on a ground lease owned by the R.E. Smith Family Trust with 47 years remaining, the asset is just minutes from the Houston Galleria and benefits from immediate access and prominent visibility along Loop 610.