B. Kelley Parker tells GlobeSt.com the property is a nice product in an area with little to no available product or land. Parker adds that what is available in this area is expensive and this property provided a nice alternative for the buyer. Parker describes the area as the Plaza Del Oro section in south Houston, east of the Astrodome, north of Loop 610 and west of Texas 288.
Parker believes the property is part of an expansion deal with the county. Therefore, he says the property's close proximity to other Harris County buildings had been a key selling point.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
