Houston: 159,000-SF Sam Houston Crossing sells for $26M

HOUSTON – Sam Houston Crossing I, a 159,175-sf office building in northwest Houston has been purchased for $26.2 million. The buyer ia a joint venture between Houston-based Fuller Realty Partners and Independencia.

The three-story building was completed in 2007 with a typical floor plate offering 53,000 sf of rentable space.

The building is 100 percent leased to six tenants, including U.S. Steel; Farmers Insurance Exchange; C.H. Robinson Project Logistic; Brock Enterprises, Inc.; Axon EP, Inc.; and AMEC Oil & Gas, Inc.

Sam Houston Crossing I is located in Houston’s West Belt Corridor off of the Sam Houston Parkway (Beltway 8) between the Northwest Freeway (US 290) and Hwy. 249 at 10343 Sam Houston Park Dr.

SH Crossing I, LP — a joint venture between Fuller Realty Partners and Independencia — purchased the building from Duke Realty Corp. and Chambers Street Properties.

The acquisition follows Fuller Realty Partners’ recent purchase of a building being vacated by Exxon Mobil at 13401 North Fwy. in the Greenspoint area.