Montelongo brings $2M for Houston's Northchase PlaceMontelongo brings $2M for Houston's Northchase Placehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=68802013-07-08T07:40:00Z2013-07-08T06:45:00Z

HOUSTON - San Antonio-based Armando Montelongo Companies Inc. has purchased Northchase Place. TheĀ 75,000-sf, Class B office building located at 13700 Veterans Memorial Dr. in Northwest Houston. The four-story building sits on nearly 2.1 acres.

The company bought the space for $26 per sf, putting the purchase price at $1.95 million. As of February, the building was 38 percent occupied, according to LoopNet, a commercial real estate tracking website.

The purchase brings the company's commercial real estate portfolio to 160,000 sf.

Read more at the San Antonio Express-News.

San Antonio Express-News
Houston-The Woodlands-Sugar Land
http://www.mysanantonio.com/business/article/montelongo-company-buys-houston-office-building-4643485.phpRead more at {Source}

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