Newmark Represents Seller In Sale Of 193854 Square Foot Office Campus In Houston

The transaction involved an office asset located at 11125 Equity Drive North and 11025 Equity Drive North in Houston, encompassing a total of 193,854 square feet on a 15-acre site. The complex represented a significant portion of a 150-acre master-planned development and was primarily occupied, being 95% leased to a diverse range of tenants in sectors including healthcare, education, energy, and homebuilding.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Address: 11125 Equity Drive North & 11025 Equity Drive North
• Market: Houston
• Asset Size: 193,854 SF
• Acres: 15
• Broker Representatives: Chris Murphy, Gary Carr & Robert Hill - Newmark

Newmark played a pivotal role in facilitating the sale of the office campus known as One & Two Westway, which was developed by Wolff Cos. Gary Carr, Robert Hill, and Chris Murphy represented the undisclosed seller, while the details of the buyer remain unspecified.