Class C, 84,000-SF office at 2990 Richmond sold in HoustonClass C, 84,000-SF office at 2990 Richmond sold in Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=37932014-06-26T12:24:00Z2014-06-26T00:00:00Z

HOUSTON - Yield Master Fund Il LP has purchased an 84,000-sf, Class C building located on 1.94 acres at 2990 Richmond Ave. in the Greenway Plaza sector. The 43-year-old building is 76.3 percent occupied with average rents of $22.00 per sf.

The tenants at the building include Allied Warranty LP, Avalon School of Massage LLC, Inner Loop Physical Therapy, Occupational Health Systems and more.

The space available for lease is 19,842 sf and the contiguous space available for lease is 5,857 sf. The seller was Houston DLM Investment Group LLC.

Read more at O'Connor and Associates.

O'Connor and Associates
Houston-The Woodlands-Sugar Land
http://www.oconnordata.com/blog/post/2014/06/26/yield-master-fund-il-lp-an-entity-of-salient-partners-lp-purchases-a-class-c-office-building-in-houston.aspxRead more at {Source}

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