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Granite pays $78.4M for Eldridge PlaceGranite pays $78.4M for Eldridge Placehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=218992019-02-06T06:00:00Z2019-02-06T23:00:00Z

​​​Image of Eldridge Place.​HOUSTON – Plano-based Granite Properties has purchased the 824,632-sf Eldridge Place office complex from Dallas-based TIER REIT Inc. for $78.4 million.

The properties are at 777, 757, and 737 N. Eldridge Pkwy. in the Energy Corridor. They consist of:

  • One Eldridge Place, a 12-story, 239,417-sf building that’s 62.1 percent leased;
  • Two Eldridge Place, a 14-story, 279,329-sf building that’s 77.9 percent leased; and
  • Three Eldridge Place, a 13-story, 305,886-sf building that’s 71.1 percent leased. 
HFF represented TIER REIT. Granite was self-represented. ​
Houston Business Journal
Houston-The Woodlands-Sugar Land
Office
https://www.bizjournals.com/houston/news/2019/02/01/energy-corridor-office-complex-home-to-mcdermott.html

​Check out Houston-The Woodlands-Sugar Land Office Market Research.

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