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Fuller Realty Partners & ICP Funds Acquire Park Ten Plaza in Houston
JLL Capital Markets closed the sale of and arranged acquisition financing for Park Ten Plaza, a 157,759-square-foot, Class A office located in Houston. JLL marketed the property for the seller USAA Real Estate. Fuller Realty Partners and ICP Funds acquired the asset. JLL also worked on behalf of the new owner to secure a loan through East West Bank.
Park Ten Plaza features a new 1,177 square foot fitness center, an executive level conference room, a state-of-the-art lobby and recent HVAC and roof replacements. Located at 15115 Park Row in the Energy Corridor, the property is located within the Park Ten Business Park, a 550-acre master planned business park in the heart of West Houston.
The JLL Capital Markets Investment Sales team representing the seller was led by Senior Director Rick Goings, Managing Directors Kevin McConn and Marty Hogan, and Analyst Jack Moody. Working on behalf of the borrower, Managing Director Cameron Cureton and Senior Managing Director Wally Reid led the JLL Debt Advisory team.
- ◦Sale/Acquisition