3737-Buffalo-Speedway-Houston

PMRG, National Real Estate Advisors Refinance 383,777 SF Office Tower in Houston

by Taylor Williams

HOUSTON — A partnership between PMRG and National Real Estate Advisors LLC has refinanced 3737 Buffalo Speedway, an 18-story, 383,777-square-foot office tower located in the Greenway Plaza submarket of Houston. The partnership developed the Class A building in 2016. At the time of the loan closing, 3737 Buffalo Speedway was 73 percent leased to tenants such as FKP Architects, Solvay America and HCA Gulf Coast Division. Amenities include a fitness center, conference center, structured parking and a full-service restaurant operated by chef John Besh. Wally Reid and Matthew Putterman of HFF secured the three-year, floating-rate loan, proceeds of which will be used to complete leasing and pay off existing debt.

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