BREAKING NEWS

Stockdale Buys Upscale Houston Hotel

Transformative Apartments Opening in East River

Impact Update: Petrochemicals and Port Houston

Astrodome Vision Advisor Wayne Ratkovich Passes

Houston Entity Files Chapter 11

The Ralph Bivins Project – Podcast Guest: Patrick Jankowski

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

$110 Million in Bellaire? West Loop Buildings Sold

by Realty News ReportFebruary 19, 2018
Share0
Offices at Pin Oak Park

BELLAIRE, Texas – (Realty News Report) – A group of five office buildings, totaling 505,000-SF near Loop 610 in Bellaire, have been acquired by Norvin Healthcare Properties of New York.

The seller was a partnership of Investcorp and Griffin Partners of Houston.

The Bellaire portfolio was called the Offices at Pin Oak Park.The buildings are located at 4710 and 4747 Bellaire Blvd., and 6700, 6750 and 6800 West Loop South in Bellaire.

The purchase price was not disclosed, but last year when the building was being marketed, the price had been projected to be about $110 million, according to Real Estate Alert.

Investcorp and Griffin acquired the buildings in 2012 from McCord Development. Years ago, the late Rick McCord acquired a number of office buildings in Bellaire, all along Loop 610.

CBRE’s Brandy Bellow Spinks and Warren Savery will handle leasing of the buildings, which are 93 percent leased.

HFF arranged financing for the buildings through Goldman Sachs and Capital One.

Feb. 19, 2018 Realty News Report Copyright 2018
Share0
previous post
Sealy & Co. Buys Sam Houston Business Park
next post
Loop Central Office Complex Under Contract

Related posts

Stockdale Buys Upscale Houston Hotel

Realty News ReportSeptember 29, 2023September 29, 2023

Transformative Apartments Opening in East River

Realty News ReportSeptember 28, 2023September 28, 2023

Impact Update: Petrochemicals and Port Houston

Realty News ReportSeptember 28, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
Property Logos
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
Evergreen Commercial Realty
230725-RNR_Digital-Ad_Red
griffin
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact