{"id":1004794648,"date":"2026-04-08T02:23:15","date_gmt":"2026-04-08T10:23:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004794648"},"modified":"2026-04-08T03:58:01","modified_gmt":"2026-04-08T11:58:01","slug":"equus-sells-houston-office-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/","title":{"rendered":"Equus Sells Houston Office Asset"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a15b687ec9d5&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004794651\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/equus-camco-jll\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Equus-CAMCO-JLL\" data-image-description=\"&lt;p&gt;Proprietary image obtained from Yardi Matrix&#8217;s database.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;This 11-story building became operational in the early 1980s and underwent an extensive renovation in 2019. Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg\" alt=\"Exterior shot of 5300 Memorial Drive, an office property in Houston.\" class=\"wp-image-1004794651\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Completed in the early 1980s, this 11-story building underwent an extensive renovation in 2019. <em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Equus Capital Partners has sold 5300 Memorial Drive, a 153,671-square-foot office property in Houston. CAMCO Investment Group purchased the asset through an acquisition loan issued by Cornerstone Capital Bank. JLL Capital Markets brokered the deal on behalf of the buyer and arranged the financing.<\/p>\n\n\n\n<p>The property debuted in 1983. Equus acquired it in 2016 in a $60 million portfolio transaction involving two Houston office buildings totaling 302,000 square feet.<\/p>\n\n\n\n<p>Three years later, 5300 Memorial underwent a renovation effort with a focus on <a href=\"https:\/\/www.commercialsearch.com\/news\/beyond-aesthetics-prioritizing-well-being-in-workplace-design\/\">workplace well-being<\/a> through the addition of new conference rooms, as well as updating exteriors, the lobby and common areas, among other enhancements. In 2020, the building became subject to a $22 million loan issued by East West Bank, Yardi Matrix shows.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/placer-ai-office-index-2\/\">2026 Placer.ai Office Index<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Rising 11 stories, the building features an average floorplate of 15,500 rentable square feet. It was 90.1 percent leased at closing to multiple firms, including life science company Moleculin Biotech, as well as several <a href=\"https:\/\/www.commercialsearch.com\/news\/law-firm-leasing-hits-record-high-targets-premium-assets\/\">law tenants<\/a> such as Axelrod, Smith &amp; Kirshbaum and Diggs &amp; Sadler.<\/p>\n\n\n\n<p>The property is located on the corner of Detering Street and Memorial Drive, about 4 miles east of downtown Houston. Memorial Park is less than 1 mile away, while Loop 610 runs within about 3 miles.<\/p>\n\n\n\n<p>JLL Managing Directors Marty Hogan and Kevin McConn led the team that represented CAMCO in the deal, while Senior Director John Ream negotiated the debt agreement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-houston-is-off-to-a-solid-office-start-in-2026\">Houston is off to a solid office start in 2026<\/h2>\n\n\n\n<p>Houston\u2019s office market hit the ground running in 2026, with the investment volume clocking in at $295 million during the first two months of the year, ahead of Dallas ($266 million) and Austin ($17 million), according to a <a href=\"https:\/\/www.commercialsearch.com\/news\/office-report-life-science-construction-falls-deals-rebound\/\">Yardi Matrix report<\/a>.<\/p>\n\n\n\n<p>One noteworthy deal that closed this year included KBR Tower\u2019s sale. The 1 million-square-foot asset traded for just $66 million in January, while it had previously commanded $174.6 million in 2012, Yardi Matrix shows. Namdar Realty acquired the building from Net Lease Office Properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property previously traded in a $60 million portfolio transaction.<\/p>\n","protected":false},"author":3471,"featured_media":1004794651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21783,21742,21747,51973],"tags":[51003,33346,44006],"class_list":["post-1004794648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-houston","category-investment","category-latest","category-office","category-southwest","tag-east-west-bank","tag-equus-capital-partners","tag-jll-capital-markets"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Equus Sells Houston Office Asset - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Equus Capital Partners sold 5300 Memorial Drive, an office asset in Houston, to CAMCO Investment Group in a deal by JLL Capital Markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equus Sells Houston Office Asset\" \/>\n<meta property=\"og:description\" content=\"Equus Capital Partners sold 5300 Memorial Drive, an office asset in Houston, to CAMCO Investment Group in a deal by JLL Capital Markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-08T10:23:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-08T11:58:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claudiu Tiganescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/\",\"name\":\"Equus Sells Houston Office Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg\",\"datePublished\":\"2026-04-08T10:23:15+00:00\",\"dateModified\":\"2026-04-08T11:58:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cbed638584257d6fb5a2a9c95c982b66\"},\"description\":\"Equus Capital Partners sold 5300 Memorial Drive, an office asset in Houston, to CAMCO Investment Group in a deal by JLL Capital Markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/equus-sells-houston-office-asset\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Equus-CAMCO-JLL.jpg\",\"width\":640,\"height\":480,\"caption\":\"This 11-story building became operational in the early 1980s and underwent an extensive renovation in 2019. 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