HOUSTON - The 36-story 1000 Main tower has been sold for $440 million, or about $525 per sf.
The 837,000-sf building sold after the original bidder backed out of a deal to purchase it.
Germany-based Union Investment Real Estate GmbH finalized the purchase from Dallas-based Invesco Real Estate and an Australian entity.
Houston's current record for a building sale is $524 per sf when the Hess Tower sold in 2011. Hess Tower was priced at $442.5 million.
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