Namdar Realty And Mason Asset Management Acquire Office Asset In Houston From WP Carey For $66M

The asset involved in the transaction is an office building located at 601 Jefferson Street, Houston, TX. The property has a sale price of $66,000,000 and encompasses a total square footage of 1,047,748, resulting in a price per square foot of $62.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $66,000,000
• Square Footage: 1,047,748
• Price Per Square Foot: $62
• Buyer: Namdar Realty + Mason Asset Management
• Seller: WP Carey
• Brokers: Kevin McConn & Jeff Hollinden - JLL
• Attorney: Ben Sedaghatzandi Esq. - Hakimi Law

Key individuals involved in the transaction include Igal Namdar, Jonathan Abda, Andrew Ebrani, Kevin McConn, and Jeff Hollinden, with the brokers representing the buyers in the deal. Ben Sedaghatzandi Esq. served as the attorney representing the transaction.