Stream Realty Partners And AustralianSuper Acquire Houston Center Campus From Brookfield Properties

The transaction involved the Houston Center campus, comprising four properties located at 1221 Mckinney Street, 909 Fannin Street, 1301 Mckinney Street, and 1200 Mckinney Street. The asset type is office, spanning a total of 4,600,000 square feet. This campus is situated in the Houston market and was appraised at nearly $700 million.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 1221 Mckinney Street, 909 Fannin Street, 1301 Mckinney Street & 1200 Mckinney Street
• Market: Houston
• Square Footage: 4,600,000
• Buyer: Chris Jackson, Kyle Valentine, John Rogers & Alex Roberto - Stream Realty Partners; Paul Schroder - Australian Superfund
• Seller: Brian Kingston - Brookfield Properties

Stream Realty Partners and AustralianSuper, represented by their respective teams, acquired the Houston Center campus from Brookfield Properties. Notably, the complex was previously purchased for $875 million in 2017, highlighting the significant investment history associated with this asset.