Wednesday, January 22, 2014

HFF closes sale of 12012 Wickchester in Houston’s Energy Corridor


Woodbranch Building, 12012 Wickchester, Houston, TX

Dan Miller
HOUSTON, TX – HFF announced today that it has closed the sale of the Woodbranch Building, a 109,471-square-foot office building located at 12012 Wickchester in Houston’s Energy Corridor submarket.

HFF marketed the property on behalf of the seller, an affiliate of Parkway Properties, Inc.  CapRidge Partners, LLC purchased the building for an undisclosed amount free and clear of debt.

12012 Wickchester is situated on approximately 3.7 acres near the northwest corner of Kirkwood and Interstate 10 in the quickly growing Energy Corridor submarket.  Since 2002, the property has undergone significant capital improvements and is 100 percent leased to a variety of tenants.

The HFF team representing the seller was led by senior managing director Dan Miller and director Marty Hogan.

Marty Hogan 
CapRidge Partners, LLC, is a value office investor and manager headquartered in Austin, Texas, and serving the major markets throughout the state.

Founded in 2012 by Steve LeBlanc and Tom Stacy, two proven leaders in real estate, investments and commercial operations with nearly 40 years of combined experience, the company is dedicated to providing superior services to its investors and clients.

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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

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