HOUSTON--HFF has closed the sale of andarranged acquisition financing for 3000 Post Oak,a 441,523-square-foot, class A office building in Houston'sGalleria submarket.

HFF marketed the property exclusively on behalf of theseller, a joint venture between an affiliate of FiveMile Capital Partners LLC and CrockerPartners. FG Asset Managementpurchased 3000 Post Oak for an undisclosedamount. Additionally, HFF's debt placement team worked onbehalf of the buyer to secure acquisition financing.

Situated within the Lakes on Post Oak officecomplex adjacent to the Galleria Mall and Loop 610, the 19-storyproperty and attached parking garage are 100-percent leased toengineering and construction firm Bechtel.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.