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Tuesday, May 22, 2012 Mixed Use
A joint venture between Pacific Coast Capital Partners and Chase Merritt has purchased a 424,393 square foot mixed-use property formerly known as Four Corners in Houston, Texas from Beverly Hills, Calif.-based Cannon Commercial. Rusty Tamlyn, Danny Miller and Marty Hogan of Holliday Fenoglio Fowler's Houston office represented Cannon Commercial. The acquisition contains two adjacent office buildings totaling 395,473 square feet. Telecheck Plaza is an 11-story office building containing 217,005 square feet. It was built in 1976 and is 81.3 percent occupied by Southwestern Bell Telephone and Bechtel. The second office building is located at 5333 Westheimer Rd. and was built in 1969. It contains 178,468 square feet and is 89.7 percent occupied by Petroleum Info. Corp., ePartners, Inc. and SAS Institute. Also included in the purchase is two retail buildings totaling 28,920 square feet and two parking structures. Tamlyn recently brokered the $56 million sale of 1001 McKinney in Houston while Miller and Hogan sold 1001 and 2425 West Loop South, also in Houston. Address: Westheimer Road, Houston, Texas Size: 424,393 square feet Built: 1969, 1976 Filed Under: Mixed Use E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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