Thursday, November 8, 2007

Large Houston Lease signed yesterday

Shorenstein Properties LLC acquired a 356,750-square-foot office building at 2000 W. Loop S in the Galleria submarket of Houston, TX. This is Shorenstein’s third purchase for its $1.3 billion investment fund, Shorenstein Realty Investors Nine LP. A group of tenant-in-common investors represented by US Advisors LLC and Means Knaus Partners LP of Houston sold the Class A asset. The purchase price was not disclosed. For more information see: www.houstonrealtyadvisors.com