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Hartman Income REIT Acquires Office In Houston From Martin Hogan(JLL)

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SOLD

Texas

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Office254,225 SF
Sold 10/14/2019
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Hartman Income REIT Acquires Office In Houston From Martin Hogan(JLL)

1400 Broadfield BLVD, Houston, TX, 7...

See Similar Deals
Office254,225 SF
Sold 10/14/2019
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:254,225 SF
Transaction Type:Sale

The acquisition consists of a 254,225-square-foot portfolio of three office properties in Houston, Texas. This includes 16420 Park Ten Place, 1400 Broadfield, and 7915 FM 1960, with a combined 55 percent leased rate. The properties are strategically located within Houston’s Energy Corridor neighborhood, close to major highways and prominent business establishments.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1400 Broadfield BLVD, Houston, TX, 77084
  • Market: Houston
  • Seller's Rep: Martin (Marty) Hogan (JLL)
  • Buyer: Hartman Income REIT
  • SF: 254,225

JLL Capital Markets’ Senior Director, Martin Hogan, spearheaded the team representing the seller, HighBrook Investors. This deal, originally secured by HFF, was transitioned to JLL. Hartman Income REIT continues to expand its presence in Houston’s Energy Corridor, with this recent acquisition complementing their earlier purchase this year.

Players

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

BUYER

Details

SOLD
IMAGE: 10/14/2019 ADDRESS: 1400 Broadfield BLVD, Houston, TX, 7... MARKET: Houston ASSET TYPE: Office SELLER'S REP: Martin (Marty) Hogan(JLL) BUYER: Hartman Income REIT SF: 254225

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