Stone Ridge Asset Management is writing a hefty check for its Houston digs, planning to spend about $3.3 million to build out new offices at 777 Post Oak Boulevard in Uptown Houston. The work is slated for the nine-story office building next to The Post Oak Hotel and marks a notable expansion of the firm’s local footprint as Uptown keeps luring tenants hungry for newer, higher-amenity space.
As reported by the Houston Business Journal, the roughly $3.3 million project at 777 Post Oak Boulevard would prepare space specifically for Stone Ridge’s Houston operations and underscores the firm’s push to deepen its presence in the market.
Fertitta owns the building
The nine-story, roughly 176,779-square-foot property sits next door to Tilman Fertitta’s Post Oak Hotel and was acquired by Fertitta Entertainment in April 2024, according to a JLL release on the sale. JLL describes 777 Post Oak as a renovated Class A office asset in the Galleria and Uptown submarket.
Stone Ridge beefs up its Houston presence
Stone Ridge has been methodically building out its Houston capabilities after acquiring energy-focused Wincoram Asset Management in April 2025, according to Fortune's Term Sheet. Industry profiles put Stone Ridge’s assets under management at roughly $29 billion, which helps explain the appetite for investing in a branded Uptown office, per a company profile on Fintool.
What it means for Uptown and the office market
The move fits neatly into the broader flight to quality, with firms gravitating to newer, amenity-rich space even while overall office vacancies remain elevated. Rice University’s Kinder Institute notes that Uptown and other top submarkets have generally outperformed older office stock, which helps illustrate why a firm would target a trophy address like 777 Post Oak for client meetings and recruiting. For landlords, a high-profile tenant investment such as Stone Ridge’s build-out is a welcome signal for leasing momentum in premium office product.
