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Tuesday, February 15, 2005

Murdered Lebanese ex-PM owned Houston tower

One thing that the Chronicle does well (besides dispatching the homeless to every intersection in town) is cover real estate news. Props to Nancy Sarnoff for pointing out Houston's connection to the recently murdered former prime minister of Lebanon:
Rafik Hariri, the Lebanese billionaire and former prime minister who was killed in a bomb explosion on Monday, owned Houston's tallest office tower and held a stake in another. Hariri owned the JPMorgan Chase Tower at 600 Travis downtown through his U.S. business subsidiary Prime Asset Management. Prime purchased the building in the late 1980s from Hines, the Houston-based realty firm that still manages the property.

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