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$1.2 billion Houston office portfolio sold$1.2 billion Houston office portfolio soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=180942017-10-17T05:00:00Z2017-10-17T16:00:00Z

​​HOUSTON – ​​ Canada Pension Plan Investment Board has purchased Parkway Inc. for $1.2 billion.

The Parkway portfolio totals 8.7 million sf of local office space, including the:

  • 1.3 million-sf Post Oak Central,
  • 627,000-sf Phoenix Tower,
  • 980,000-sf San Felipe Plaza, 
  • 1.5 million-sf CityWest Place in Westchase, and 
  • 4.4 million-sf Greenway Plaza. 

The Canadian investors had already purchased a major stake in the ten-building Greenway Plaza earlier this year. ​

Parkway Inc. was a pure-Houston play with all its holdings located in the city. 

Realty News Report
Houston-The Woodlands-Sugar Land
Office
http://realtynewsreport.com/2017/10/17/canadian-pension-fund-buys-1-2-billion-worth-of-houston-office-space/

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