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LM & Associates, LLC Acquires 94,404 SF Office Building In Houston From CapRidge Partners, LLC

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SOLD

Texas

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Office94,404 SF
Sold 06/12/2023
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SOLD

LM & Associates, LLC Acquires 94,404 SF Office Building In Houston From CapRidge Partners, LLC

1300 W Sam Houston Pkwy SHouston, TX 77042, USA

See Similar Deals
Office94,404 SF
Sold 06/12/2023
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:94,404 SF
Transaction Type:Sale

The sale of Briar Forest Crossing, a 94,404-square-foot office building in Houston, has been completed by JLL Capital Markets. The property, located in Houston's Westchase submarket at 1300 West Sam Houston Parkway, was purchased by LM & Associates, LLC. The office building is currently 73.1% leased and serves as the headquarters for US Physical Therapy.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not provided
  • Square footage: 94,404 SF
  • Address: 1300 West Sam Houston Parkway
  • Market: Houston

The buyer of the property was LM & Associates, LLC, while the seller was CapRidge Partners, LLC. Doug Pack from Colliers represented the buyer as their broker, and Marty Hogan from JLL represented the seller.

Players

Martin (Marty) Hogan
42 deals$69M volume(713) 852-3557
BROKER

Doug Pack
Colliers
2 deals
BROKER

BUYER

Details

SOLD
IMAGE: Marty Hogan DATE: 06/12/2023 ADDRESS: 1300 West Sam Houston Parkway MARKET: Houston ASSET TYPE: Office ~ SF: 94,404 BUYER: LM & Associates, LLC SELLER: CapRidge Partners, LLC BUYER'S REP: Doug Pack - Colliers (@ColliersInternational) SELLER'S REP: Marty Hogan - JLL (@JLL) NOTE: JLL Capital Markets has completed the sale of Briar Forest Crossing, a 94,404-square-foot office building in Houston. The property, located in Houston's Westchase submarket, was purchased by LM & Associates, LLC and is currently 73.1% leased, serving as the headquarters for US Physical Therapy.

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