Braun Enterprises Purchases Office Complex In Houston From Wedge Properties Management Corp

The property involved in the transaction is an office and retail complex located at 5353 and 5373 West Alabama St in Houston, TX. The asset, with a total square footage of 196,000 square feet, was sold to Braun Enterprises. HFF facilitated the deal for Wedge Properties Management Corp, providing Braun Enterprises with an opportunity to renovate, rebrand, and attract new tenants.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not Available
• Address: 5353 and 5373 West Alabama St, Houston, TX
• Market: Houston
• Seller's Representatives: Kelly Layne(JLL), Wally Reid(JLL), Davis Adams(JLL)
• Buyer: Braun Enterprises
• Square Footage: 196,000

The deal was touted as an opportunity for Braun Enterprises to breathe new life into the complex, catering to both the local community and corporate tenants. Kelly Layne, Wally Reid, and Davis Adams from JLL represented the sellers, while Braun Enterprises seized the chance to transform the property into a modern, thriving space.