|Houston landmark 'Mayan Temple' up for sale
A landmark skyscraper, distinctive for its top resembling a Mayan temple, in Houston is going up for sale this week, local media reported Wednesday.
Heritage Plaza, a 53-story office building on the west edge of down of the the fourth largest city of US, is valued up to US$477 million, the Houston Chronicle's website said.
The building owner, Brookfield Office Properties, has selected Eastdil Secured to market the 107,000-square-meters property.
Brookfield paid US$321.5 million for the building three years ago, with the increase showing the strength of Houston's market, the report quoted Real Estate Alert, a early-warning market system for buyers and sellers of major real estate assets, as saying.
Brookfield also has helped its cause by increasing the occupancy rate from 84 percent to 98 percent.
The building, formerly known as Texaco Heritage Plaza, shortened its name after Chevron absorbed Texaco and pulled out of it and some other downtown properties in 2010, when Brookfield purchased the tower.
The building, built in 1987, is the 5th tallest building in Houston, the 8th tallest in Texas, and the 60th tallest in the United States. It is well known because of its location in the central business district skyline, and for the stepped granite feature on the top of the building that resembles a Mayan pyramid.