Houston's 3355 West Alabama sold
Office asset located within Loop 610
By Inman News, Thursday, September 13, 2007.Brokerage company Holliday Fenoglio Fowler L.P. this week announced it closed the sale of 3355 West Alabama, a 234,231-square-foot office building in Houston, Texas, for an undisclosed price.
HFF represented L&B Realty Advisors in its sale to KBS Realty Advisors, which bought the property free and clear of debt.
The building, which rises 12 stories, is situated on a 2.6-acre site. At the time of sale, it was 80.9 percent occupied, and includes a seven-level, 788-space parking garage.
Extensive renovations, including a new roof, elevator modernization program and HVAC upgrades were completed in the last several years, according to a press statement.
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