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Transaction Values Greenway Portfolio at $1.045B

HOUSTON—A co-general partnership between TH Real Estate and Silverpeak Real Estate Partners completed the acquisition of a 24.5% interest in Greenway Plaza and Phoenix Tower this week.

By Lisa Brown | lisabrown | Updated on April 21, 2017

9, 11 and 12 Greenway Plaza Nine, Eleven and Twelve Greenway Plaza are part of the Greenway Portfolio.

HOUSTON—Located in the Greenway submarket, the Greenway Portfolio is comprised of 11 institutional-quality office properties totaling approximately 5 million square feet across 54 acres. The portfolio is in proximity to Houston’s most prestigious residential neighborhoods with transportation links to the central business district and the Texas Medical Center.

A partnership between TH Real Estate and Silverpeak Real Estate Partners completed the acquisition of a 24.5% interest in Greenway Plaza and Phoenix Tower this week, in a transaction that values the Greenway Portfolio at $1.045 billion. TH Real Estate and Silverpeak are co-general partners of the 24.5% partnership.

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