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HOUSTON — Holliday Fenoglio Fowler (HFF) has brokered the sale of the following properties in Houston:
- Beltway Antoine Business Center, a 383,100-square-foot, Class A industrial park, has been purchased by DCT Industrial Trust, Inc. Beltway is comprised of seven buildings and is 95 percent leased to 17 tenants. The property is located at 3403-3463 N. Sam Houston Pkwy. in Houston’s industrial submarket. The seller, Denver-based Mountain West Industrial Properties, was represented by HFF’s Rusty Tamlyn and Trent Agnew.
- Broadstone Grand Parkway, a 342-unit, Class A multifamily community near Katy, has been purchased by Sunstone Realty Advisors. Broadstone is located at 1111 Falcon Park Dr. and is 95.9 percent leased. The property completed construction in 2010 and was developed by Phoenix-based Alliance Communities, a division of Alliance Residential Co., the seller. Prudential Real Estate Investors advised Alliance in the transaction. HFF’s Todd Stewart, Craig LaFollette, Todd Marix, Tre Banks and Chris Curry represented Alliance in the transaction. HFF also arranged a fixed-rate acquisition loan for Broadstone. HFF’s Matt Kafka and John Brownlee arranged the financing provided by Allstate Investments.