HOUSTON—HFF has closed the sale of Gulf Plaza, a six-story, 120,651-square-foot, single-tenant office building in the Energy Corridor.
HFF marketed the property on behalf of the seller, Hartman Gulf Plaza Acquisitions, L.P. Hartman Gulf Plaza LLC, an affiliate of Hartman Short Term Income XX, Inc., purchased the asset for an undisclosed amount.
Gulf Plaza is located at 16010 Barkers Point just east of Highway 6 and south of Interstate 10 in close proximity to the North American headquarters of BP and Mustang Engineering. The property is 100% leased to Gulf Interstate Engineering and underwent extensive renovations totaling nearly $1 million in 2012 when the company renewed their lease term.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
