JLL today announced the sale of the historic Hogg Palace Lofts, an eight-story mixed-use building located at 401 Louisiana Street in downtown Houston, Texas.

JLL’s Chip Nash and Bob Heard and Houston Income Properties’ Jim Hurd and Bishale Patel represented the seller, Randall Davis Company. The buyer is Kline Properties of Austin, Texas. The sales price is undisclosed.

Constructed in 1921, Hogg Palace now stands as an historical building as designated by the Texas Historical Society. The building once housed the office of William C. Hogg, businessman, philanthropist and son of Texas Governor James Hogg. It also was once home to the upscale automobile retailer Armor Auto Company.

The Randall Davis Company converted the building to lofts in 1995. Hogg Palace Lofts now features 79 spacious light-filled units, distinguished by soaring ceilings, exposed air conditioning ducts and industrial brick and concrete walls, with units ranging in size from 670 square feet to 1,811 square feet.

The building also features retail and office space on the first and eighth floors totaling 14,212 square feet, with a total building net rentable square feet of 80,343.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of March 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.ir.jll.com.