Feb 6, 2019
Granite pays $78.4M for 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...
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.
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