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Nirav Shah's Tenant Managers Acquires 140K SF Office Building At 2929 Briarpark Dr. From Argentic

Property Image
SOLD

Texas

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Office140,000 SF
Sold 09/25/2023
the dealdetailscomps
Property Image
SOLD

Nirav Shah's Tenant Managers Acquires 140K SF Office Building At 2929 Briarpark Dr. From Argentic

2929 Briarpark Drive

See Similar Deals
Office140,000 SF
Sold 09/25/2023
the dealdetailscomps

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:140,000 SF
Transaction Type:Sale

The property involved in this transaction is a 140,000-square-foot office building located at 2929 Briarpark Drive in the Westchase submarket of Houston. The property was purchased by Nirav Shah's company, Tenant Managers, from Argentic, a New York-based commercial real estate lender. The purchase price of the property has not been disclosed.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Undisclosed
  • Buyer: Nirav Shah - Tenant Managers
  • Seller: Argentic - Doug Tiesi
  • Market: Houston

Tenant Managers' acquisition of this office building marks the company's third purchase in Houston's Westchase submarket. This acquisition brings them closer to their goal of owning 1 million square feet of office space in the city. The property was acquired from a company associated with Argentic, demonstrating Tenant Managers' strategic expansion in the Houston market. Note that the exact details regarding the transaction, such as the purchase price, have not been publicly disclosed.

Players

A
Argentic
SELLER

Details

SOLD
IMAGE: Nirav Shah DATE: 09/25/2023 ADDRESS: 2929 Briarpark Drive MARKET: Houston ASSET TYPE: Office ~ SF: 140,000 BUYER: Nirav Shah - Tenant Managers SELLER: Argentic - Doug Tiesi NOTE: Tenant Managers has purchased its third office building in the city's Westchase submarket, taking a step closer to its goal of owning 1 million square feet of office space in Houston. The 140,000-square-foot property at 2929 Briarpark Drive was acquired from a company associated with New York-based commercial real estate lender Argentic, although the purchase price remains undisclosed.

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