Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of 2400 Augusta Place, a 124,543-square-foot office building in Houston’s West Loop/Galleria submarket.
The HFF team represented the seller, Interra Capital Group, and procured the buyer.
2400 Augusta Place is located near the intersection of Augusta and Westheimer, minutes from the prestigious neighborhoods of Tanglewood and the Memorial Villages and just one mile west of the Houston Galleria. The 4.184-acre site is convenient to many of the city’s major thoroughfares, including Loop 610, U.S. Highway 59, Interstate 10, Westheimer, San Felipe and Woodway, and has a Walk Score® of 78, being situated near many shopping, dining, recreation and entertainment venues. Currently 84.8 percent leased, the four-story property has a well-diversified tenant base across a broad range of industries, including engineering, legal, healthcare, communications, energy and consulting.
The HFF investment advisory team representing the seller included senior director Marty Hogan.
Holliday GP Corp. is a Texas licensed real estate broker.
About Interra Capital Group
Interra Capital Group (ICG) is a leading investment and financial services firm, with a primary focus on commercial, industrial, retail, and healthcare real estate investments and secondary interests in ancillary businesses. ICG, headquartered in Houston, Texas, owns and manages properties in 15 states.
HFF and its affiliates operate out of 25 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.