Houston: 455,000-SF Two WestLake Park sold for $130MHouston: 455,000-SF Two WestLake Park sold for $130Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=35732014-07-21T14:22:00Z2014-07-21T00:00:00Z

HOUSTON - Hicks Ventures is buying the Two WestLake Park office building in the Energy Corridor for $130 million. The project, developed by Hines in 1982, is located at 580 Westlake Park Blvd., east of Hwy. 6, between I-10 and Memorial Dr.

The deal represents a $286 per sf price for the 455,000-sf property. The seller is KBS Realty.

The project is part of the business park that houses BP’s North American headquarters. BP leases 91,000 sf in the building and Conoco-Phillips leases 200,000 sf.

Realty News Report
Houston-The Woodlands-Sugar Land
http://realtynewsreport.com/2014/07/17/hicks-making-130-million-play-in-houstons-energy-corridor/Read more at {Source}

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