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| Gulf Plaza, 16010 Barkers Point, Houston, TX |
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| Dan Miller |
HOUSTON, TX – HFF announced it has closed the sale of Gulf
Plaza, a six-story, 120,651-square-foot, single-tenant office building in
Houston’s Energy Corridor.
HFF
marketed the property on behalf of the seller, Hartman Gulf Plaza Acquisitions,
L.P. Hartman Gulf Plaza LLC, an
affiliate of Hartman Short Term Income XX, Inc., purchased the asset for an
undisclosed amount.
Gulf Plaza is located at 16010 Barkers Point just
east of Highway 6 and south of Interstate 10 in close proximity to the North
American headquarters of BP and Mustang Engineering.
The property is 100 percent leased to Gulf Interstate Engineering
and underwent extensive renovations totaling nearly $1 million in 2012 when the
company renewed their lease term.
The HFF investment sales team representing the seller was
led by senior managing director Dan Miller and director Martin Hogan. Acquisition manager Julian Kwok, CCIM
and EVP of Acquisitions & Finance Dave Wheeler from Hartman Income
REIT represented the buyer.
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| Martin Hogan |
Hartman Income REIT, headquartered in Houston, Texas, is a
$360 million real estate investment trust, which owns and/or manages 38
properties with 5.04 million square feet of office, industrial and retail
space. For more information visit www.hi-reit.com.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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