Other tenants in the Arena Towers included Houston Allstate, LTD Financial Services, and Prudential. During that year Logan Brown, a senior vice president of Grubb & Ellis, a real estate firm, said that the buildings were worth $30 million. Brown also said that they were "in poor condition" and needed updating. In 1997 Stromberg said that, according to real estate sources, the towers were reportedly under a contract of sale to Texas Commercial Properties Inc. Stromberg said that the sale would be the largest transaction of Class B office space in 13 years. For many years the Arena Theatre was operated by H'Town Arena, a tenant. In December 2004 the Arena Group and two limited partners bought the entire Arena Place complex from Lennar Partners for about $24.5 million. At the same time Transwestern Commercial Services replaced PM Realty Group as the agency that manages and provides leases for the property. H'Town Arena had stopped leasing in the theater days before the sale occurred, and as a result the theater stopped operating. As of 2004 the Class B office space in the complex was about 70% occupied, and the tenants included several large call centers. In September 2006 the limited partners sold their stake, which was 50 percent, to Boxer Property. Since the acquisition occurred, all of the buildings underwent renovations. As of 2007 the office towers had an occupancy rate of around 70 percent. As of that year most of its tenants were professional groups and included 25 law firms, medical users, radio stations, and television stations. As of the same year Westwood College occupied several floors in the complex. By that year $5 million in capital investments had been made to the towers. A total of $6 million was invested into the renovation of the towers. As part of a $1 million renovation, the Arena Theater was scheduled to re-open on November 9, 2007. Arena Theatre Inc. became the new tenant of the theater. As part of the renovation the theater received new carpeting, new lighting and sound systems, repaired seats, modernized toilet facilities, and a video system. The ceiling was altered absorb sound instead of reflecting sound. The operators also planned to hold events in the office tower penthouse. In 2009 Affiliated Computer Services announced that it was going to add 120 job positions to its call center in Arena Tower II; after hiring was scheduled to be complete, the company planned to have 400 employees in its Arena Place operation. As of 2016, Xerox Business Services (after acquiring ACS in late 2009) is currently managing a 400-seat call center for CVS Pharmacy in Arena Tower II.   is located at One Arena Place, 7322 Southwest Freeway, Suite 110, Houston, Texas USA.