HOUSTON--HFF has closed the sale of 12600 Featherwood, a four-story, 74,753-square-foot office property in Houston.

HFF represented the seller, Klabzuba Realty, in the transaction. NAI Partners, through NAI Investment Fund I LLC, purchased 12600 Featherwood for an undisclosed amount and obtained debt from Amegy Bank.

HFF was unable to provide additional details by press time.

“This transaction represents the completion of a successful round trip that generated attractive returns to our investors,” says Klabzuba executive vice president Clint Corn. “We remain committed to proactively recycling our capital into urban infill opportunities in major Texas markets.”

12600 Featherwood is situated directly east of Interstate 45 South/The Gulf Freeway about 14 miles south of Houston's central business district in the Gulf Freeway/Pasadena submarket. This places the property within close proximity to the Port of Houston, Hobby Airport, the Texas Medical Center and NASA's Johnson Space Center. 12600 Featherwood is 81.5 percent leased to tenants including TriStar Global, Bamberger, Carber Holdings and Leasing Associates Service.

Director Martin Hogan led the HFF investment sales team.

“The building is well positioned to capture oil and gas and logistics tenants that need a location need the Port of Houston or Hobby Airport,” says Hogan.