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Beacon Snags One City Center in Houston

Behringer Harvard Sells 609,000-SF Office in CBD
October 23, 2012
Beacon Investment Properties acquired One City Centre, a 609,000-square-foot, Class A office building at 1021 Main St. in Houston's central business district. Behringer Harvard was the seller.

This deal closely follows Beacon's purchase of the 560,000-square-foot Ashford office portfolio in the Energy Corridor, which occurred less than 30 days ago.

Renovation of One City Center was completed in 2010. The 31-floor tower recently achieved LEED Gold certification and is currently 84 percent occupied.

Robert Williamson and Jeff Hollinden of HFF listed the property.

Please see CoStar COMPS #2578635 for more information on this transaction.
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