Fuller Realty Acquires Office Property In Houston From Skanska For $147M

15375 & 15377 Memorial Drive, Houston is a 12.2-acre office property that was recently sold. The transaction took place on 02/02/2022, with Fuller Realty purchasing the property from Skanska. The office building has a total area of 715,900 square feet, and it was sold for a price of $147,000,000, resulting in an average price per square foot of $205. Jeff Hollinden, Kevin McConn, and Katherine Miller from JLL represented the buyer and seller in this deal.

Summary of transation details

• Property Type: Office
• Transaction Amount: $147,000,000
• Address: 15375 & 15377 Memorial Drive, Houston
• Market: Houston
• Size: 12.2 acres
• Buyer: Fuller Realty
• Seller: Skanska
• Brokers: Jeff Hollinden, Kevin McConn, and Katherine Miller - JLL

This successful transaction was facilitated by the expertise and efforts of Jeff Hollinden, Kevin McConn, and Katherine Miller from JLL, who represented both the buyer and seller. The sale demonstrates the strong demand for office properties in Houston and the attractive investment opportunity offered by 15375 & 15377 Memorial Drive.