Monday, September 9, 2013

HFF closes sale of 2200 West Loop South in Houston, TX


2200 West Loop South, Houston, TX

HOUSTON, TX – HFF announced today that it has closed the sale of 2200 West Loop South, a 201,720-square-foot, Class A office building in Houston, Texas.

Dan Miller
HFF’s investment sales team marketed the property on behalf of the seller, Parmenter Realty Partners.  APF Properties purchased 2200 West Loop South for an undisclosed amount and assumed the existing first mortgage securitized debt.

2200 West Loop South is located in a prime location adjacent to the Royal Sonesta Hotel on the west side of Loop 610 between San Felipe and Westheimer in Houston’s West Loop/Galleria market.  The 10-story property was extensively renovated in 2000 and 2008, and is 100 percent leased to tenants including Morgan Stanley and Tenaris.

The HFF team representing the seller was led by senior managing director Dan Miller and director Marty Hogan.

Martin T. Hogan
 “Parmenter acquired this property in January 2012 through a transaction brokered by HFF.  They immediately implemented a highly successful leasing strategy to bring the property to full occupancy thereby creating substantial value and decided to monetize the property earlier this year,” said Miller.

For a complete copy of the company’s news releases, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

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