Tuesday, December 25, 2012

HFF represents an affiliate of Brookfield Asset Management in sale of Chase Bank Building in northeast Houston, TX



Chase Bank Office Building, Houston, TX
 HOUSTON, TX – HFF announced it has closed the sale of the Chase Bank Building, a 46,883-square-foot office building in northeast Houston, Texas.

                HFF marketed the property on behalf of the seller, an affiliate of Brookfield Asset Management.    Delta Realty, Inc., led by Jeff Black, purchased the asset for an undisclosed amount.

Dan Miller
             
 The Chase Bank Building is situated on a 2.8-acre site at 19747 U.S. Highway 59 North near FM 1960 in Houston’s Kingwood/Humble submarket.  The property is 93.8 percent leased to tenants including JP Morgan Chase Bank. 

Trent Agnew
                The HFF investment sales team representing Brookfield Asset Management was led by senior managing director Dan Miller and associate director Trent Agnew.

Brookfield is a global alternative asset manager with approximately $150 billion in assets under management.  The company has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity.



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 | www.hfflp.com

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