
One Park 10 Plaza Changes Hands in Houston
The eight-story, 162,919 square foot office tower was sold by Accesso Partners. Interra Capital Group was the buyer. JLL represented the seller and found the buyer.
At 16225 Park Ten Place, the building is within Houston’s Park Ten office complex, a 550-acre, master planned, mixed-use development. The surrounding area is home to a number of national headquarters as well as the neighborhoods of The Villages and Westchase.
The previous owner made $1.1 million in improvements over the years. The office is 76% leased. It sits on 3.27 acres and has a four level parking garage with 560 spaces.
The JLL Capital Markets team representing the seller was led by managing directors Marty Hogan and Kevin McConn.
- ◦Sale/Acquisition