Feb
21

Parkway to Sell Interest in Houston Portfolio for $512M

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The Canada Pension Plan Investment Board and a partnership of TH Real Estate and Silverpeak Real Estate Partners will acquire stakes in the office properties.

Houston—It’s a Texas-sized deal. Parkway Inc. has arranged to sell a 49 percent interest in its Greenway office portfolio in Houston for $512.1 million, or an implied $210 per square foot, the company announced last Friday. The portfolio comprises an 11-building office campus totaling about 5 million square feet, in Houston’s Greenway submarket…

Parkway to Sell Interest in Houston Portfolio for $512M

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