Tuesday, May 24, 2011

HFF closes sale of and arranges financing for office building in northwest Houston


HOUSTON, TX – HFF announced today that it has closed the sale of and arranged financing for 4600 Highway 6 North (top left photo), a three-story, 53,037-square-foot office building in northwest Houston.

HFF marketed the property on behalf of the seller, the Brookfield Real Estate Opportunity Fund, a division of Brookfield Asset Management. 

Rockwell Management Corporation represented the buyer in the purchase of 4600 Highway 6 North for an undisclosed amount.  HFF arranged the acquisition financing through ViewPoint Bank. 

Renovated in 2007-2008, 4600 Highway 6 North is 82 percent leased to tenants including JPMorgan Chase and the Attorney General’s Office.  The property is located between Interstate 10 and Highway 290 on State Highway 6 in west Houston.

Brookfield Asset Management Inc., focused on property, renewable power and infrastructure assets, has more than $100 billion of assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM and on NYSE Euronext under the symbol BAMA. www.brookfield.com.

Rockwell is a full-service management firm that provides services in due diligence, construction, renovation, marketing, bookkeeping, property and asset management.

The HFF investment sales team representing the seller was led by senior managing director Dan Miller (lower  right photo) and associate director Trent Agnew.  The HFF debt team was led by associate director Colby Mueck.

H. Dan Miller, CCIM, SIOR, HFF Senior Managing Director, (713) 852-3500,    M. Colby Mueck, HFF Associate Director, (713) 852-3500, cmueck@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500

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