From Washington to Houston with $200M buy

HOUSTON – Investcorp has purchased more than 1 million sf of office space in metro Washington, DC, Denver and Houston for $200 million.

The five buildings have a combined vacancy rate of less than 6 percent and were built between 1982 and 2002.

The assets include:

• Denver, Colo. — 428,029-sf Westmoor Place, three-building portfolio from CBRE Global Investors;
• Houston, Tex. — 466,137-sf One Westchase Center, 12-story office from LNR Property Corp.; and
• Vienna, Va. (metro Washington) — 183,792-sf Tysons Commerce Center, eight-story office from Associates Realty.

Read more at CoStar Group.