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.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Refer friends to Select and get $200 in credit.Learn More×
Connect Now is just days away. Don't miss out.Reserve your seat today.×