Northridge Capital LLC recently purchased HP Plaza for an undisclosed purchase price in a transaction that reinforces the strength of the new urban center in North Houston, CityPlace at Springwoods Village.
The respective properties were acquired through a newly formed joint venture among a wholly-owned subsidiary of Summit, a real estate holding company, and a global institutional asset management firm. The properties will be leased back to the seller on a triple-net basis.
In preparation for our GlobeSt.ADAPT: OPPORTUNITY ZONES special feature and conference, Real Estate Forum is putting a spotlight on the achievements of those who have had a hand in locating adaptive reuse solutions across the country.
Sponsored by Okapi
Artificial Intelligence (AI) is transforming what’s possible in CRE. Learn how this innovative technology is allowing property managers to predict a tenant’s behavior, streamline resources, and reduce costs.
Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!
- Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.