Ali Choudhri doesn’t flinch as the man standing behind his desk chair jabs needles into his scalp, ears and neck. Doing acupuncture in his office at 2425 West Loop S. in Houston is a common practice for him. Minutes before, Choudhri was moving swiftly through the 11 floors of the 283K SF building, visiting with tenants and describing what renowned architect I.M. Pei had in mind when he designed it in the early 1980s. Choudhri texted the acupuncturist to meet him on the way back up to his office; the practice opens the third eye, he says. While he confidently fields calls and explains his future plans for the building and what he’s done to transform it already, you wouldn’t know that days earlier, the LLC that owns 2425 filed for Chapter 11 bankruptcy. Or that the National Bank of Kuwait has filed notices twice this year to bring the building to a foreclosure auction. But a foreclosure auction hasn’t happened, and Choudhri is focused on revitalizing the building, not losing it. Unlike owners of some other Houston office properties, Choudhri doesn’t plan to hand in the keys.“We’ve carried the building since Covid and have significantly leased up the building,” he told Bisnow in an interview… Read the full story here. |