Wednesday , 23 July 2014
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Miami Group Buys 800,000-sf Brookhollow Office Complex in Houston

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.

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