HFF Arranges Sale, Financing for 162,336 SF Office Building in Houston

by Taylor Williams

HOUSTON — HFF has arranged the sale of and acquisition financing for a 162,336-square-foot office building located at 2100 W. Loop S. in Houston’s Galleria neighborhood. The 16-story property was renovated in 2014 and was 88 percent leased at the time of sale. Dan Miller and Martin Hogan of HFF represented the seller, a partnership between California-based Buchanan Street Partners and Minnesota-based CarVal Investors, and procured the buyer, Houston-based Elite Street Capital. Matt Kafka and Michael Johnson of HFF led the debt placement for the borrower, securing a five-year loan through Greystone that carries a fixed 4.25 percent interest rate.

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