HOUSTON-Behringer Harvard Opportunity REIT I Inc. has completed the acquisition of the 206,553-sf Northborough Tower in the Greenspoint submarket. According to an SEC filing, the Dallas-based REIT has paid $32.9 million to Commercial Developments International in New York City for the class A office building.

Situated on 5.4 acres at 100 Glenborough Dr., the 25-year-old tower is fully leased to Noble Energy Inc. for its headquarters office. The lease expires in 2018.

Transwestern Houston managing director Rudy Hubbard and associate Leah Gallagher brokered the transaction. The seller bought the tower roughly two years ago. Its value-add plan included finalizing an 11-year lease extension with the single tenant, which was filling 75% of the building when Commercial Developments International moved in as owner.

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