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.
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