‘Iconic’ re­vamp

The St. Joseph Pro­fes­sional Build­ing will be get­ting a far dif­fer­ent look.

Houston Chronicle Sunday - - BUSINESS - By Katherine Feser katherine.feser@chron.com twit­ter.com/kfeser

Hous­ton-based Boxer Prop­erty plans to give the re­cently pur­chased St. Joseph Pro­fes­sional Build­ing a new look wor­thy of post­ing on In­sta­gram and other so­cial me­dia as it en­er­gizes the build­ing with new ten­ants and co-work­ing spa­ces.

The 18-story build­ing, at 2000 Craw­ford on the edge of Mid­town near down­town, is rec­og­niz­able from the Pierce El­e­vated for its large white crosses. It was pur­chased from a part­ner­ship led by Hous­ton­based Mis­sion Cos.

“We have two gi­ant can­vases that every­body sees,” said An­drew Segal, chief ex­ec­u­tive of­fi­cer of Boxer Prop­erty. “It’s like a photo bomb in the en­tire down­town sky­line.”

Boxer Prop­erty has com­mis­sioned artists to come up with ideas for the ex­te­rior of the build­ing. The crosses will come down, Segal said, but what goes up is any­one’s guess. The goal is to cre­ate some­thing that peo­ple will want to pho­to­graph and share.

“I want some­thing that’s go­ing to be iconic to Hous­ton,” Segal said. “It may be some­thing that changes at night. It could in­volve a pro­jec­tor.”

The 135,586-square-foot build­ing, which is 55 per­cent oc­cu­pied, will get the com­pany’s sig­na­ture Boxer Work­style treat­ment with col­lab­o­ra­tive work ar­eas, shared lounges and con­fer­ence fa­cil­i­ties. The build­ing, which con­nects with St. Joseph Med­i­cal Cen­ter across the Pierce El­e­vated by tun­nel, will also get up­dates to the re­tail spa­ces on the ground floor. Cur­rent ten­ants in­clude med­i­cal pro­fes­sion­als and other types of com­pa­nies.

The lo­ca­tion, near two fu­ture apart­ment de­vel­op­ment sites, fac­tored into the de­ci­sion to buy.

“I feel like that’s the next area that’s go­ing to be de­vel­oped,” Segal said.

Mis­sion Cos. com­pleted $7 mil­lion in ren­o­va­tions af­ter ac­quir­ing the build­ing nearly nine years ago, said Den­nis Nel­son, head of Mis­sion Cos. The work in­cluded up­grades to the com­mon ar­eas, el­e­va­tors, me­chan­i­cal sys­tems, re­strooms and light­ing, as well as a new sprin­kler sys­tem and adding the crosses.

An­dre Pereira, Boxer Prop­erty’s di­rec­tor of ac­qui­si­tions, rep­re­sented his firm. Rudy Hub­bard, Kevin McConn and Rick Go­ings of JLL rep­re­sented the seller.

With the ac­qui­si­tion, Boxer Prop­erty man­ages and leases 55 prop­er­ties in Hous­ton and more than 120 na­tion­wide.

Ren­o­va­tions are ex­pected to be­gin soon on the build­ing, which is slated to get a new name.

“I don’t know if a name will emerge or if we’ll let the com­mu­nity name the build­ing once we do some­thing on the side of the build­ing,” Segal said.

“I want some­thing that’s go­ing to be iconic to Hous­ton.” An­drew Segal, CEO of Boxer Prop­ery

Hous­ton Chron­i­cle file

Boxer Prop­erty is plan­ning to make over the ex­te­rior of the St. Joseph Pro­fes­sional Build­ing to cre­ate a look “that peo­ple will want to pho­to­graph and share.’

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