HOUSTON AND FORT WORTH, TEXAS —Holliday Fenoglio Fowler (HFF) has completed two Texas sales totaling 294,351 square feet. The first sale consists of a six-building, 225,859-square-foot office portfolio located in the NASA/Clear Lake submarket of Houston. The properties include Camino Center I and II, which total 81,108 and 80,751 square feet, respectively, and Armand Plaza, a four-building park that totals 64,000 square feet. Dan Miller and Marty Hogan of the Houston office of HFF represented the seller, KBS Realty Advisors. The property was acquired by John Cole of Twenty Twenty Properties for an undisclosed amount. Susan Hill, also of HFF, arranged acquisition financing for the portfolio through Viewpoint Bank.
The second sale consists of Fossil Creek Shopping Center, a 68,492-square-foot retail property located at 4296-4398 Western Center Blvd. and 6401 Beach St. in Fort Worth. Situated on 6.4 acres, the shopping center is 98 percent leased to a tenant roster that includes Family Dollar, Card & Party Factory, Cato, Starbucks Coffee and H&R Block. The center is shadow-anchored by Albertson’s. Jim Batjer and Adam Howells of HFF’s Dallas office represented the seller, Dunhill Partners. Sandstone Fossil Creek Associates acquired the property and assumed an existing $8.64 million loan on the center.
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