Westchase Place, Houston

September 11, 2019 Comments Off on Capstar Ends 6-Year Hold on 151K-SF Westchase Place Views: 254 Houston-Galveston, Texas News

Capstar Ends 6-Year Hold on 151K-SF Westchase Place

Capstar Real Estate Advisors concluded its hold on Westchase Place, selling the 151,461-square-foot office building in Houston’s Westchase submarket to Fuller Realty Partners LLC. The new owner plans to improve the condition of current vacancies by expediting leasing efforts.

Rudy Hubbard, Kevin McConn and Rick Goings at JLL represented Capstar in the transaction. Hubbard and McConn had also represented seller Jones Lang LaSalle Capital Markets when Capstar acquired the building at 11200 Richmond Ave. in 2013.

The property delivered in 1999 and underwent extensive renovations in 2009 — following Hurricane Ike’s foray into Houston — and in 2013. Fuller Realty Partners LLC will manage and lease the asset. The tenant roster includes CDI Engineering Solutions, Orbital Engineering, Westchase Financial Center and Equity Staffing Group.

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