3555 Timmons, Houston, TX |
HOUSTON, TX – HFF announced today that Unilev Capital
Corporation has purchased 3555 Timmons, a 225,895-square-foot, Class A
office building in Houston’s Greenway Plaza submarket.
HFF
marketed the property on behalf of the seller, Great Point Investors LLC. The purchase price was not disclosed.
3555
Timmons is located between Richmond Avenue and West Alabama Street just north
of U.S. Highway 59 in Houston’s “Inner Loop”.
The 14-story property is 98 percent leased.
Dan Miller |
The HFF investment sales team
representing the seller was led by senior managing director Dan Miller
and director Martin Hogan.
Great Point Investors LLC has been a registered investment
advisor since 1998. The private firm is
owned by its Principals. The firm has
acquired and managed assets for six different separate account clients. In
2012, it launched a senior housing investment program.
Martin Hogan |
Since inception the Firm has completed more
than 110 purchase and sale transactions in over 30 different markets in the
United States. Great Point’s broad
experience includes core, value-added and opportunistic investments using both
joint venture structures and direct purchases.
Unilev Capital Corporation is a privately held real estate
investment organization that also invests with a select, limited group of
private and institutional partners to acquire well-located, income-producing
commercial properties with both a short-term opportunistic strategy and a
long-term, low-risk investment horizon. Unilev’s Houston portfolio includes
Galleria Towers I and II, Galleria Financial Center, One and Three Riverway and
other office and retail properties.
Contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |
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