Energy Corridor Office Building Acquired
HOUSTON – (Realty News Report) – A joint venture of Belvoir Real Estate Group and The Mission Cos. acquired the Broadfield at Park Ten, an 85,000-SF office building in the Energy Corridor.
The seller, a partnership of Chief Partners and Stream Realty Partners, was represented by JLL.
While the building was under contract, a tenant, the SLI Group, leased 18,000 Sf in the building, which is now 85 percent leased. Matthew Goldsby of Belvoir and Dennis Nelson of Mission represented the landlord. Blade Virgilio of Caldwell Cos. and David Price of Cresa Partners represented the tenant.
“We are thrilled about our new joint venture with The Mission Companies, which we believe marks the beginning of what will be a fruitful partnership for years to come,” commented Matthew Goldsby, Managing Director of Belvoir. “Their values and commitment to excellence align perfectly with our firm’s vision. We’re excited about the additional possibilities our partnership may hold.”
With this latest acquisition, The Mission Companies expands their portfolio in Houston’s Energy Corridor, which includes four buildings on 12 acres near Interstate 10 and Dairy Ashford.
Feb. 25, 2019 Realty News Report Copyright 2019