Historic downtown Houston lofts sold to Austin co.


Houston-based Randall Davis Co., the developer behind some recent high-rise condo projects in Houston, has sold the historic Hogg Palace Lofts to Kline Properties of Austin, according to a press release from JLL.

JLL’s Chip Nash and Bob Heard and Houston Income Properties’ Jim Hurd and Bishale Patel represented the seller.

The purchase price was not disclosed, per the release. However, the Harris County Appraisal District valued the 0.6-acre site and its 139,362 square feet of buildings at…

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