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

NW Office Building Purchased

by Realty News ReportAugust 7, 2017
Share0
HFF handled the sale of the Intellicenter building in northwest Houston.

HOUSTON – Insite Commercial Real Estate has acquired Intellicenter, a 160,407-SF, Class A office property in northwest Houston.

Intellicenter is situated on 12.8 acres at 4650 Westway Park within the Westway Park office campus, which was developed by David Wolff’s Wolff Cos. along the West Sam Houston Tollway (Beltway 8).

The building, completed in 2007, the LEED Silver, three-story property is fully leased to The Travelers Indemnity Company and Cameron Village LLC.  Cameron’s lease for 25 percent of the building expires in October 2017 and presents an opportunity to lease up vacancy.

The HFF investment sales team representing the seller was led by senior managing director Danny Miller and senior director Trent Agnew.

“Value-add office opportunities like Intellicenter are generating a lot of interest from both long-time Houston investors as well as new sources of capital, and as a result the deal generated 12 offers,” said Agnew.  “Insite recognized the quality of the building and location having built similar product in the market and were great to deal with.”

Aug. 7, 2017 Realty News Report Copyright 2017
Share0
previous post
Amazon, E-Commerce and Raw Plastic Pellets: The Evolution of Houston Warehousing – Q&A with Robert Clay
next post
Investor Herd Prepares for Stampede into Houston

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