HOUSTON — Frontier Equity purchased Kirkwood Tower, a 285,682-square-foot, Class A office building in Houston’s Energy Corridor.
Kirkwood Tower, 11757 Katy Freeway, was built in 1984. The 15-floor office tower, which is 74.4 percent leased, has a six-level parking garage and 10-story glass enclosed atrium.
HFF marketed the property on behalf of Equastone Kirkwood, LP. Frontier Equity purchased the property free and clear of debt. In addition, HFF assisted in securing the joint venture equity on behalf of the buyer through Amstar.
The HFF investments sales team representing the seller was led by senior managing directors Robert Williamson and H. Dan Miller, director Marty Hogan and associate director Trent Agnew. Cameron Cureton, director in HFF’s Houston office, assisted Frontier Equity in arranging the joint venture equity.
Frontier Equity is a subsidiary of Holt Lunsford Commercial.