COLUMBIA CENTRE | HOUSTON, TX | Commercial | 167,013 SF
ACQUIRED SEPTEMBER 2014 $27.77M
SOLD DECEMBER 2021 $8.7M
Acquired in September of 2014, Columbia Centre represented a significant valueadd opportunity with 92% of the rent roll expiring within 5 years of purchase. The existing lease rents stood 34% below market value with no tenant occupying more that 12% of the net rentable area. This diverse client base and rent roll allows DIG to actively manage the property while bringing rents up to market rates.