The property sits on 10.8 acres and is fully leased to Geico for a regional claims processing center. San Diego-based MVP REIT has purchased the four-story Saks Garage at 611 Fannin in downtown Houston as part of a parking property buying spree in five cities. The garage consists of 265 parking spaces and a total of 90,750 square feet, and it is within walking distance of Minute Maid Park, the George R.