HOUSTON, TX – The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of One City Centre, a 31-story, Class A office tower with two parking garages in Houston’s central business district. The HFF investment sales team was led by managing directors Robert Williamson
(top right photo) and Jeffrey Hollinden,(middle left photo) who marketed the property on behalf of the seller, Broadway Real Estate Partners. Behringer Harvard Real Estate Investments purchased One City Centre for an undisclosed amount and assumed an existing loan.
HFF arranged the previous sale of the property to Broadway Real Estate Partners in 2007.
Located at 1021 Main Street and occupying one-and-a-half full city blocks, One City Centre fronts the METRORail Station Stop and is situated at the crossroads of Houston’s central business district pedest
rian tunnel system. The property has 608,660 square feet of office space that is 96% occupied by tenants including Waste Management.
Broadway Partners is a private real estate investment and management firm headquartered in New York.
Behringer Harvard is a real estate investment company that is based in Dallas, Texas and invests both domestically and internationally.
HFF (NYSE: H
F) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing. CONTACTS:
Robert E. Williamson, HFF Managing Director, 713 852 3500, rwilliamson@hfflp.com
Jeffrey A. Hollinden, HFF Managing Director, 713 852 3500, jhollinden@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com
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