Colliers: Houston significant office sales 1Q 2015Colliers: Houston significant office sales 1Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=12862015-04-14T08:38:00Z2015-04-14T00:00:00Z

HOUSTON - According to Colliers International, office investment sales activity included 20 transactions in 1Q 2015, with an average price per sf of $236 and an average cap rate of 7.2 percent.

Listed below are a few significant transactions that closed in 1Q 2015.

Houston: Significant Sales Transactions 1Q 2015
Building Name Submarket RBA* (SF) Year Built Buyer Seller Sale Price $/SF Closed
C&J Energy Services -3990 Rogerdale Westchase 125,000 2014 American Realty Capital Global Trust, Inc. InSite Commercial Real Estate $34.3M $275 3/2015
Honeywell – 1250 W Sam Houston Pky Westchase 155,314 1985 Klein Family Parkway Properties $28M $180 2/2015
Westgate 2 & 3 – 17320 Katy Fwy Katy Freeway 411,500 2014 Griffin Capital Miller Global Properties $135M $328 3/2015

*Rentable Building Area

Click here for the full 1Q 2015 Houston Office Report (PDF) plus historical.

Source: Colliers International

Company News Release
Houston-The Woodlands-Sugar Land
http://www.colliers.com/en-us/texas/houston/marketreports/office_report#.VSwGePnF98MRead more at {Source}

 Search NewsTalk Texas