HOUSTON-RiverOak Investment Corp. has made itsfirst investment in the local market, paying $17.15 million for16400 Park Row.
The Stamford, CT-based firm made the acquisition in partnershipwith TFO, a Bahrain-based wealth manager. Theseller was Eastbourne Park Row, an associate ofFuller Realty Partners.
The three-story, 85,701-square-foot office/flex building, whichis situated within the Park Ten Business Park in the EnergyCorridor submarket, is fully-leased to Kraton Polymers. The firm,which produces engineered polymers, uses the class A building forits headquarters. It also houses Kraton’s new research anddevelopment facility and offers room for expansion.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Unlimited access to GlobeSt and other free ALM publications
- Access to 15 years of GlobeSt archives
- Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
- 1 free article* every 30 days across the ALM subscription network
- Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In
© 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.
