HOUSTON-Boxer Property has purchased two more office buildings,bringing its total acquisition activity for 2010 to 14 propertiestotaling 3 million square feet. This year marks the busiest buyingyear for the local firm, and it expects 2011 to offer similaropportunities, according to Andre Pereira, who shares the firm’sacquisitions responsibilities with David Kayle.
The newest purchases include a 107,087-square-foot officebuilding at 75 Executive Dr. in the Chicago suburb of Aurora, IL,and Park on the Bayou, a 159,563-square-foot office building at2500 East TC Jester in Houston.
“Both of these properties are in our wheelhouse because theyneed to be leased,” Kayle tells GlobeSt.com. Boxer acquired bothproperties for an undisclosed amount, paying cash for theassets.
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