HICKS VENTURES ACQUIRES 76,054 SF OFFICE PROPERTY IN HOUSTON

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HOUSTON — Hicks Ventures has acquired 16900 Park Row, a 76,054-square-foot office building in Houston. Constructed in 1980, the two-story structure was fully occupied at the time of the sale by Wood Group Mustang Inc., a provider of engineering, project management and construction services for the oil and gas, energy and manufacturing industries. Hicks Ventures plans more than $1 million in renovations to the property, including improvements to exteriors, interiors, restrooms, elevators and common areas. Wood Group Mustang will be vacating the building in the third quarter. Trent Agnew of HFF represented the seller in the transaction, West Coast-based Romel Mustang LP.

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