22-Story 500 Jefferson sold in Downtown Houston22-Story 500 Jefferson sold in Downtown Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=51862014-01-23T09:38:00Z2014-01-23T08:50:00Z

HOUSTON - The 22-story 500 Jefferson Building, located within the Cullen Center skyscraper complex in downtown Houston, has been purchased by CPA:17-Global, in conjunction with W.P. Carey Inc.

The 390,479-sf, four-Star office building is majority leased to KBR, a global engineering, construction and services company through June 2030. KBR's headquarters at 601 Jefferson St. is also owned by CPA:17-Global, which acquired the property in November 2012.

Built in 1962, the building has 351,000 sf of office space, 39,000 sf of retail space, and 44,000 sf of parking space. The building sits on 1.43 acres and is appraised at $26.37 million, according to the Harris County Appraisal District.

Read more at CoStar Group.

CoStar Group
Houston-The Woodlands-Sugar Land
http://www.costar.com/news/article/wp-carey-closes-on-the-500-jefferson-bldg-in-downtown-houston/156185Read more at {Source}

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