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CP Group buys 28-story office tower in Houston
Transactions - JULY 23, 2021

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CP Group buys 28-story office tower in Houston

by Released

CP Group has acquired Five Post Oak Park in Houston. The acquisition was completed via a joint venture with funds managed by Miami-based Rialto Capital Management, the third in a recent series of strategic partnerships between Rialto Capital and CP Group.

"Five Post Oak Park captures the essence of what many companies are looking for in their workspace today: high-quality offices in neighborhoods offering abundant residential and retail options," said Angelo Bianco, managing partner at CP Group. "Our repositioning plans will modernize the interior finishes and design, and add coveted amenities within the building including a top-tier restaurant, coffee bar and concierge services to improve our tenants' quality of life."

The 28-story office tower is situated within the Galleria/Uptown section of Houston, within one of the city's most sought-after live/work environments. It also is adjacent to the St. Regis Hotel and a private park, offering quiet walking trails and matu

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