BREAKING NEWS

East River Adding Art to the Mix

Major Warehouse Lease Signed

Unilev Taps Stream Realty

58 Cities Drop Off Million-Dollar Home List

RNR Real Estate Briefs – HOU, AUS, DAL & more

Offices For Energy Transition

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

Hertz Buys 800,000-SF Brookhollow Office Park on North Loop

by Realty News ReportFebruary 20, 2018
Share0
Brookhollow Central

HOUSTON – (Realty News Report) – Hertz Investment Group has acquired Brookhollow Central I, II and III, a three-building, Class A office portfolio totaling 806,541 SF in Houston’s North Loop submarket.

The HFF team of Dan Miller and Marty Hogan represented the seller, Parmenter Realty Partners of Miami, and procured the buyer, California-based Hertz.

Brookhollow Central I, II and III are located at 2800, 2900 and 2950 North Loop West at the newly reconfigured intersection of Interstate 610 and U.S. Highway 290.

The $70.5 million price equates to about $87 per SF.

In another deal, Hertz recently purchased the 232,100-SF Westchase Park Plaza at 11490 Westheimer in Houston for $24 million. Hertz renamed the office building Royal Oaks Centre. It was the first deal in Texas for Hertz.

Last year, Hertz contracted to buy the 41-story Marathon Oil Tower on San Felipe Road, near Uptown Houston, but the transaction did not close.

Hertz controls a portfolio of 20 million SF in over 20 cities.

Feb. 20, 2018 Realty News Report Copyright 2018
Share0
previous post
Mosaic Buys Project in Off-Market Transaction
next post
Heitman Buys Large Medical Portfolio with 7 Texas Properties

Related posts

East River Adding Art to the Mix

Realty News ReportMarch 23, 2023

Major Warehouse Lease Signed

Realty News ReportMarch 22, 2023

Unilev Taps Stream Realty

Realty News ReportMarch 21, 2023

Leave a Comment Cancel Reply

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

Search News

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
STREAM Ad
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