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Alexan Enclave, a 354-unit class-A multifamily community located in West Houston's Energy Corridor, has sold to F&B Capital, which purchased the offering free and clear of existing financing.
The space in Frisco's Star Corporate Center offers a good tenant solution, given industrial land is very scarce in the northern suburbs and proximity to major industrial markets is a significant distance.
Chevron's former headquarters comprising 280,000 square feet and 473,000 square feet in two buildings are being sold to Paramount later this year for $722 million or $959 per square foot.