162K-SF Office Goes to New Owner

Buchanan Street Partners and CarVal Investors sold 2100 West Loop South, a 162,336-square-foot office building in Houston’s Galleria submarket. Elite Street Capital acquired the 88.7%-leased asset. HFF’s H. Dan Miller and Martin Hogan represented the seller; HFF also secured acquisition financing for the transaction, with the team headed by Matt Kafka and Michael Johnson.

The sales price was undisclosed; the 1970s building was valued at $19.5 million.

The 16-story building is situated on 1.3 acres on Interstate (Loop) 610. The location provides access to the River Oaks/Memorial submarkets, as well as retail amenities including the Galleria Mall, Boulevard Place and Uptown Park. 2100 West Loop South was renovated in 2014.

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