Energy Corridor Office Building Sold, General

In An affiliate of Gearing Capital Partners of Dallas purchased a 137,000, SF office building at 16001 Park Ten in the Energy Corridor.

In Houston, An investment group affiliated with Gearing Capital Partners of Dallas purchased a 137,000-SF office building at 16001 Park Ten in the Energy Corridor.

The building, which is 100 percent vacant, will receive a multi-million-dollar redo, as stated by Stream Realty Partners, which handled the sale.

Stream’s Ryan Bishop represented the seller, Spirit Realty. Bishop and Brad Fricks will oversee leasing. Phoebe Gregg will oversee property management.