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TIER REIT Sells 575,000 SF Office Complex in West Houston to Griffin Partners

Loop-Central-Houston

Loop Central in Houston was built in 1985. The property was 84 percent leased at the time of sale.

HOUSTON — Dallas-based TIER REIT Inc. has sold Loop Central, a 575,000-square-foot office complex in west Houston, according to company filings. TIER REIT acquired the three-building property, which was built in 1985 and approximately 84 percent leased at the time of sale, in late 2007. The buyer was Griffin Partners, a Houston-based development and investment firm, according to realtynewsreport.com. HFF brokered the sale.

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