HOUSTON - Parmenter Realty Partners has acquired Brookhollow Central, a three-building office complex totaling 800,000 square feet, on the northwest part of Loop 610 in Houston, according to a report by Katherine Feser of the Houston Chronicle.
The seller was TPG CalSTRS, a joint venture of Thomas Properties Group and the California State Teachers Retirement System.
Miami-based Parmenter also owns the Woodland Park Plaza building in the Westchase area of Houston.
Brookhollow is a value-add acquisition. The 11-story Brookhollow Central I building, formerly home to the Harris County Appraisal District (HCAD), is 100 percent vacant.