HOUSTON – (Realty News Report) – Los Angeles-based Stockdale Capital Partners has acquired 20 Greenway Plaza, a 433,132-square-foot Class A “creative” office building located inside Houston’s Inner Loop.
HFF represented the seller, Principal Real Estate Investors, and procured the buyer. HFF also arranged a seven-year, fixed-rate acquisition loan provided by Cigna Realty Investors. The HFF investment advisory team representing the seller was led by Senior Managing Director Dan Miller and Managing Director Trent Agnew.
HFF’s debt placement team was led by Senior Managing Director Wally Reid.
The 10-story property was most recently renovated in 2014 and is 95% leased. Current tenants include Merrill Lynch, Sunnova Energy Corp., REALEC Technologies, Mitsubishi and Koch.
June 25, 2019 Realty News Report Copyright 2019
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