Thursday, December 6, 2012

HFF arranges sale of $133.4 million loan secured by a mixed-use development in suburban Dallas/Fort Worth, TX.



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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