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| 4900 Woodway, Houston, TX |
HOUSTON, TX – HFF announced today that it has closed the
sale of and arranged financing for 4900 Woodway, a 119,127-square-foot,
12-story office building in Houston, Texas.
HFF represented the seller, Fidelis Realty
Partners, Ltd. and BayNorth Capital LLC in the sale of the property to 49
Woodway LLC. HFF also arranged a
fixed-rate acquisition loan on behalf of the buyer through AIG Global
Investment Group.
4900 Woodway is situated on 1.3 acres
immediately west of Loop 610 in Houston’s Galleria/Uptown submarket about five
miles west of downtown Houston. The
property has an attached four-level parking garage and is currently 90.7
percent leased.
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| Dan Miller |
The HFF investment sales team
representing the seller was led by senior managing director Dan Miller
and director Martin Hogan.
HFF’s
debt placement team was led by senior managing director Susan Hill.
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| Martin Hogan |
Fidelis Realty Partners is a commercial real estate investment,
development and related services firm with a focus on retail assets.
Today its portfolio consists of more than
5.1 million square feet of income properties, 1,000 acres of developable land
and approximately one million square feet of properties in various stages of
development. The firm currently has
properties in Texas, Louisiana and New Mexico.
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| Susan Hill |
BayNorth Capital LLC is a real estate investment firm with a
seasoned team of real estate professionals. Based in Boston, the firm was
formed in 2004 as a spin out of the real estate investment group from
Charlesbank Capital Partners, LLC, which had previously spun out from Harvard
Private Capital. The firm is led by managing directors Charlie Wu, Charlie
Flint and David Cronin.
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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