Houston: Woodway Office Building Sold

In Houston, A Houston office building, 4900 Woodway, a 119,127-square-foot, 12-story office building in Houston’s West Loop area, has been sold for an undisclosed price.

HFF represented the seller, Fidelis Realty Partners, Ltd. and BayNorth Capital LLC in the sale of the property to 49 Woodway LLC. HFF also arranged a fixed-rate purchase loan on behalf of the buyer through AIG Global Investment Group.

4900 Woodway is situated on 1.3 acres immediately west of Loop 610 in Houston’s Galleria/Uptown submarket about five miles west of downtown Houston. It is 90.7 percent leased.

The HFF investment sales team representing the seller was led by senior managing director Dan Miller and director Martin Hogan. HFF’s debt placement team was led by senior managing director Susan Hill.