Hines Global Income Trust Acquires Houston Office Building For $145M

The 206,000 square foot office property located at 4200 Westheimer Road in Houston has been sold for $145,000,000. The property sits on 1.3 acres of land and is part of the Houston market. The sale price equates to a price per square foot of $704.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $145,000,000
• Address: 4200 Westheimer Road
• Market: Houston
• Asset Type: Office
• Acres: 1.3

The buyer of the property is Hines Global Income Trust, represented by Jeffrey C. Hines and Janice E. Walker. The seller of the property is Stonelake Capital Partners.