HOUSTON-According to a Houston Chronicle report, real estate experts predict that the sale of Hess Tower, an 844,000-square-foot office tower located in downtown Houston, could fetch as high as $444 million, which translates into $525 per square foot. Trammell Crow Co. was the developer of the 29-floor office building completed in 2010. Hess Corp. is the sole occupant of the building located close to the George R. Brown Convention Center.
CB Richard Ellis is handling the sale of the property. For the full story, go to Houston Business Journal .
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