Velocis Sells 189,162 SF Office Complex in West Houston

by Taylor Williams

HOUSTON — Dallas-based private equity firm Velocis has sold Echo Lane, a two-building, 189,162-square-foot office complex located in the Hedwig Village area of west Houston. Velocis acquired the property in 2012 and raised the occupancy rate from 83 percent to 97 percent during its ownership period. Investment firm 800 Builders acquired the property for an undisclosed price.

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