Tucker Knight, Berkadia senior managing director and head of Texas originations, recently shared some insights on the impact of the Fed's interest rate decision and the lending outlook for Houston landlords.

NXT Capital arranged the financing for the 248,000-square foot office building.

Pebb Enterprises and a Chicago-based acquisition partner paid $169 a square foot.

The Philadelphia-based real estate investment advisory firm, also notes that it has begun capital improvements involving both interior and exterior upgrades at the nearly 467,000-square-foot property.