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HOUSTON-Gateway I & II Office Buildings here have been sold to Laurus Corp., a private, Los Angeles-based real estate investment and development firm, for an undisclosed price from a seller whose identity was also not disclosed to GlobeSt.com. The approximately 270,000-square-foot, class-A property is strategically located on JFK Blvd. here and leads directly to the IAH Airport, also known as George Bush Intercontinental.

The property is composed of one six-story and one eight-story building, along with a five-story parking structure. The mid-rise buildings feature an extensively landscaped courtyard, lobbies with vaulted ceilings and marbled floors and walls, as well as a covered driveway leading to the entrances of both buildings for easy passenger drop-off and pick-up. The acquisition also includes an additional 4 acres suitable for expansion or a new development project. Tenants have quick access to the entire Houston metro area through immediate highway access in all directions including I-45 and Highway 59.

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