DML Capital Acquires 171510 Square Foot Office Building On Bering Drive From KBS

The transaction involved the sale of an office asset located at 1800 Bering Drive in Houston, comprising a total area of 171,510 square feet. The property type is classified as Class A office space. The transaction took place in the Houston market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 1800 Bering Drive
• Market: Houston
• Asset Size: 171,510 SF
• Buyer: Sajjid Dawood - DML Capital
• Seller: Charles Schreiber Jr - KBS
• Brokers: Kevin McConn & Marty Hogan - JLL

KBS upgraded the property with enhancements to the lobby, common areas, and exterior before marketing it through JLL Capital Markets. The brokers involved in the transaction were Kevin McConn and Marty Hogan from JLL.