Oct
24
Velocis Annexes Two Sugar Creek to Its Office Portfolio
ByThe 143,000-square-foot office development, located in one of Houston’s best markets for office occupancy, was 85 percent leased at the time of the transaction.
Private equity real estate manager Velocis acquired Two Sugar Creek, a 143,410-square-foot office property located in Sugar Land, Texas, a southwestern Houston suburb. HFF intermediated the transaction, representing the seller—TA Associates Realty. Terms of the transaction were not disclosed.
The 143,000-square-foot office development was 85 percent occupied at the time of the deal. Stream Realty Partners will handle the leasing and management responsibilities for Two Sugar Creek…
