7500-San-Felipe-Houston

HFF Negotiates Sale of 544,291 SF Office Portfolio in Houston

by Taylor Williams

HOUSTON — HFF has negotiated the sale of a three-property, 544,291-square-foot office portfolio located in the Tanglewood and Memorial Village areas of Houston. The portfolio comprises 1616 Voss, 7500 San Felipe and 6363 Woodway, all of which will be renovated and repositioned as part of a $15 million capital improvement program. Dan Miller, Marty Hogan and Johnny Kight of HFF represented the seller, a partnership led by Unilev Capital Corp., and procured the buyer, CapRidge Partners LLC. Jim Curtin and Andy Scott of HFF arranged floating-rate acquisition financing for the deal through New York Life Insurance Co.

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