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| 8 West Centre, West Sam Houston Tollway, Houston, TX |
HOUSTON, TX – HFF announced it has closed the sale of and
arranged acquisition financing for 8 West Centre, a newly-completed,
Class A office building along the West Sam Houston Tollway in Houston.
HFF
marketed the property on behalf of the seller, Core Real Estate. Azrieli Group, a real estate investment and
development company based in Tel Aviv, purchased the asset for an undisclosed
amount free and clear of debt.
HFF assisted Azrieli
in securing a five-year, fixed-rate acquisition loan through Aegon USA Realty
Advisors, LLC, a commercial real estate investment and management arm of Aegon
Asset Management.
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| Dan Miller |
Completed in 2013, 8 West Centre is a 227,045-square-foot, four-story
property with a 938-space parking garage.
The LEED Silver designated building is fully leased to two
tenants: Cameron International Corporation, which uses the facility as their
divisional headquarters for their surface systems division, and Helix Energy
Solutions, who has their global headquarters at the site.
Situated on nine
acres on the west side of Beltway 8, the property is located at 3505 West Sam
Houston Parkway North, just north of Kempwood Drive in the West Belt Corridor
of Houston.
The
HFF investment sales team representing the seller was led by senior managing
directors Dan Miller, Rusty Tamlyn and Mark West and director Trent Agnew.
HFF’s
debt placement team was led by managing director Matt Kafka and senior managing
director Wally Reid.
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
