Investment Opportunities In Repurposing Commercial Real Estate Properties

While the oil and gas industry is and has been experiencing a change, there are still some great investment opportunities out here.  Throughout the greater Houston, Texas area there are many underutilized commercial real estate properties in prime locations.  Some properties have been repurposed for new uses while others have not.  For those investors who seized the moment the return on investment appears to have been a success.  A few examples of this is on Yale Street in The Heights with Eight Row Flint, a modern icehouse, which used to be a gas station.  Additionally, Alta Loft Apartments at Hermann Park in the Texas Medical Center was said to have been a psychiatric hospital.  This article below by Urban Land is not the most recent account, but is still pertinent information regarding the topic.  Enjoy the read.                       

Repurposing Commercial Real Estate