
November 24, 2000 - Building Sale Sign of Strength
Houston Business Journal
“Last week, a prime Galleria area office building changed hands in one of the biggest sales of the year, representing Houston’s continued strength as an attractive real estate investment market. American Ventures Realty Corp. purchased Three Riverway, a 21-story 395,637 square-foot multitenant office building.” The acquisition is the first in Houston for American [...]
Houston Business Journal
American Ventures’ recent $50 million purchase of the Three Riverway “not only tops Houston’s most recent sales, but ranks as one of the biggest sales of 2000…” Philip Blumberg, CEO of American Ventures, indicated that “market research led the company to eye Houston as a strong and diversified market.” The acquisition marks American [...]