Richland Cos. Finds New Headquarters

By Liviu Oltean, Associate Editor

The 550 Post Oak office building located in Houston’s West Loop submarket will soon become the headquarters of one of the city’s largest commercial real estate property owners. The Richland Cos. unveiled that it has acquired the building and will be moving its headquarters there after the completion of a $1.5 million renovation plan.

550 Post Oak

The 6-story, 53,872-square-foot building sits on the northeast corner of Post Oak Blvd. and Post Oak Park. It features card-key access, on-site management and podium-style parking. Richland not only plans to renovate the exterior of the building, but will also add a gym, on-site car washing services, laundry and dry cleaning pickup, and gourmet food trucks that visit twice per week. The new office is about two miles from the old one, which is located at 1110 N. Post Oak Lane.

“We plan on an elaborate $1.5 million dollar redesign of the exterior of the building adding a new skin and façade designed by Goldman Design and Perry Harrell out of Chicago and Houston, respectively,” Edna Meyer Nelson, president & CEO of The Richland Cos., said in a prepared statement. “We are eager to debut the new exterior once plans are completed. This boutique property is going to become a showcase office building in the heart of Houston’s West Loop submarket.”