Thursday, January 3, 2013

HFF closes sale of Parkway Village in Houston, TX



Parkway Village, Houston, TX
HOUSTON, TX – HFF announced today that it has closed the sale of Parkway Village, a 132,260-square-foot, grocery-anchored community center in Houston’s Energy Corridor.

                HFF represented the seller and procured the buyer, Bentall Kennedy.

                Parkway Village is located at the intersection of Eldridge Parkway and Briar Forest 12 miles west of Houston’s central business district in the Energy Corridor.  

Rusty Tamlyn
The property was completed in 2000 and is 97 percent leased to tenants including Kroger (anchor tenant), Walgreens, La Madeleine, GNC, State Farm and Hallmark.  A Chick-Fil-A due for completion in 2013 will add 4.477 square feet to the center.

The HFF investment sales team representing the seller was led by senior managing director Rusty Tamlyn and managing director Ryan West.

Bentall Kennedy is one of North America’s largest real estate investment advisors, providing its clients with access to one comprehensive North American real estate platform.  
Ryan West

Bentall Kennedy serves the interests of more than 500 clients on assets of more than $27 billion across 140 million square feet of office, retail, industrial, apartment and hotel properties.

For a complete copy of the company’s news release, please 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




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