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

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.