Todd Stewart |
HOUSTON, TX – HFF announced it has closed the sale of The
Plantation at The Woodlands, a 432-unit multi-housing community in The
Woodlands, Texas.
HFF
marketed the property on behalf of the seller. CBRE Global Investors purchased
the asset for an undisclosed amount.
The
Plantation at The Woodlands is located on a 20-acre site at 3270 College Park
Drive, approximately 8.5 miles north of ExxonMobil’s new campus.
Completed in two phases between 2008 and 2009, the asset
includes one-, two- and three-bedroom units averaging 839 square feet.
Community amenities include two resort-style swimming pools,
poolside cabanas and sun decks, fitness center, indoor basketball court,
clubhouse, theatre room, game room with billiards, playground, dog park, car
care station and carports/detached garages.
Todd Marix |
The
HFF investment sales team representing the seller was led by senior managing
directors Todd Stewart and Todd Marix and director Chris
Curry.
CBRE Global Investors is a global real estate investment
management firm with $92.8 billion in assets under management* as of June 30,
2014.
The firm sponsors
investment programs across the risk/return spectrum for investors
worldwide. CBRE Global Investors is an
independently operated affiliate of CBRE Group, Inc. (NYSE:CBG).
It harnesses the
research, investment sourcing and other resources of the world’s premier,
full-service commercial real estate services and investment company for the
benefit of its investors. CBRE Group,
Inc. has approximately 44,000 employees in approximately 350 offices (excluding
affiliates) worldwide. For more
information about CBRE Global Investors, please visit
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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