Griffin Partners Acquires Office On West Sam Houston Pkwy N In Rosenberg
SOLD
Texas
See Similar DealsOffice130,223 SF
SOLD
Griffin Partners Acquires Office On West Sam Houston Pkwy N In Rosenberg
4700 West Sam Houston Pkwy N, Hou...
See Similar DealsOffice130,223 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:130,223 SF
Transaction Type:Sale
Located at 4700 West Sam Houston Parkway North in Houston, the Concourse at Westway is a 130,223-square-foot office building. Constructed in 1999, this Class B property was 56 percent leased at the time of its sale. JLL facilitated the transaction, representing the seller, EverWest, in the negotiation process.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Disclosed
- Market: Rosenberg
- Seller's Representatives: Martin (Marty) Hogan and Trent Agnew from JLL
- Buyer: Griffin Partners
- Square Footage: 130,223
The buyer, Griffin Partners, a Houston-based investment firm, has acquired the Concourse at Westway. They have plans to execute a value-add program for this property, aiming to enhance its market value in the future. The deal was led by Trent Agnew, Kevin McConn, and Marty Hogan from JLL, who played a pivotal role in the sale on behalf of the seller.
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