HOUSTON, TX – HFF announced it has closed the sale of 333 North Sam Houston Parkway East (top left photo) and 10700 Interstate 45 North (middle right photo), multi-tenant office buildings totaling 395,424 square feet in Houston, Texas.
HFF marketed the properties exclusively on behalf of the seller. The Khoshbin Company purchased the assets for an undisclosed amount.
333 North Sam Houston Parkway East and 10700 Interstate 45 North are located within the Greenspoint submarket of Houston close to the George Bush Intercontinental Airport north of downtown Houston.
333 North Sam Houston Parkway East is a 12-story, 213,777-square-foot building with a four-level, 704-space parking garage.
The property is currently 72 percent leased. 10700 Interstate 45 North has 181,647 square feet of space that is currently 47 percent leased. The property features a five-level, 434-space parking garage.
The HFF investment sales team representing the seller was led by senior managing director Dan Miller (middle left photo) and director Martin Hogan (lower right photo).
"The very positive and improving real estate fundamentals in Houston present one of the best buying opportunities in decades,” said Manny Khoshbin, head of The Khoshbin Company.
The Khoshbin Company, headed by Manny Khoshbin, is a privately-held commercial real estate company based in Irvine, California that specializes in acquiring, managing and repositioning of Class A and Class B industrial, retail and office properties.
Contacts:
H. DAN MILLER, CCIM, SIOR
HFF Senior Managing Director
(713) 852-3500
KRISTEN M. MURPHY
HFF Associate Director, Marketing
(713) 852-3500
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