Search
 

HFF Arranges Sale of Two Properties

HOUSTON--HFF has closed the sale of two Houston-area properties: 8 West Centre, a newly-completed, Class A office building along the West Sam Houston Tollway, and 5151 Sommermeyer, a 57,550-square-foot warehouse and distribution center in Prologis Park West by Northwest.

By Anna Caplan | Updated on September 18, 2014

HOUSTON–HFF has closed the sale of two Houston-area properties: 8 West Centre, a newly-completed, Class A office building along the West Sam Houston Tollway, and 5151 Sommermeyer, a 57,550-square-foot warehouse and distribution center in Prologis Park West by Northwest.

HFF marketed 8 West on behalf of the seller, Core Real Estate. Azrieli Group, a real estate investment and development company based in Tel Aviv, Israel, purchased the asset for an undisclosed amount free and clear of debt. HFF assisted Azrieli in securing a five-year, fixed-rate acquisition loan through Aegon USA Realty Advisors LLC, a commercial real estate investment and management arm of Aegon Asset Management.

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?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.