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| 15109 Heathrow Forest Parkway, North Houston, TX |
HOUSTON, TX – HFF announced today that it has closed the
sale of 15109 Heathrow Forest Parkway, a 63,621-square-foot office
building in the Interwood Business Park near the George Bush
Intercontinental Airport in north Houston.
HFF
represented the seller, 15109 Heathrow Forest LLC, which is a partnership
primarily comprised of principals of the Urban Companies and InSite Realty
Partners, both of Houston.
The buyer,
Heathrow Forest LLC, was represented by Ed McCool of EEM III Realty Corp,
Inc. Purchase price is confidential.
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| Dan Miller |
15109
Heathrow Forest Parkway is situated on 4.25 acres within the Interwood Business
Park, a 440-acre mixed-use master planned development directly south of
Houston’s George Bush Intercontinental Airport and close to the Sam Houston
Tollway (Beltway 8), the Hardy Tollroad and Interstates 45 and US Highway
59.
Completed in 2008, the building is 88 percent leased to five
tenants, four of which are branches of the General Services Administration
(GSA), which contracts most U.S. Government facilities.
The
HFF investment sales team representing the seller was led by senior managing
director Dan Miller and director Martin Hogan.
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| Martin Hogan |
The Urban Group is a full service general contracting firm
featuring architectural design, construction management, design/build and a
flexible, user-friendly approach to deal structure on all product types.
InSite Realty Partners is a full service commercial real
estate firm focused on maximizing value and return on the approximately $600
million of investments and developments completed by the company since
inception in 1994.
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
1 comment:
Theirs always lots of great deals in a real market like today. But you must have the financial ability to take advantage of them.
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