Buchanan, CarVal, purchase Galleria area office buildingBuchanan, CarVal, purchase Galleria area office buildinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=79352013-03-20T14:57:00Z2013-03-19T00:00:00Z

HOUSTON - Buchanan Street Partners, in collaboration with CarVal Investors Inc., purchased the 16-story building at 2100 West Loop S. Fwy. in the Galleria area.

Built in 1974, the 165,399-sf property was 82 percent leased at below-market rents at the time of sale. The building also includes a seven-story parking structure. Harris Central Appraisal District assesses the 1970s, Class B building at $14.2 million.

Buchanan Street plans a number of improvements that include first-floor lobby upgrades, exterior painting, a parking deck and an upscale entryway.

The building fronts the West Loop South Freeway between San Felipe and Westheimer Rd.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/breaking-ground/2013/03/buchanan-street-carval-investors.htmlRead more at {Source}

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