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Elite Street Capital Closes on 16-Story Office Bldg. in Uptown Houston

Joint Venture Sells 2100 West Loop South
October 10, 2017
Elite Street Capital bolstered its local portfolio with the Houston-based firm's purchase of 2100 West Loop South in Uptown from Buchanan Street Partners and CarVal Investors. Terms of the deal were not disclosed.

The 16-story office building totals 162,336 square feet on a 1.29-acre site along I-610 and just north of Galleria Mall. Completed in 1974 and renovated in 2014, the building is 88.7% leased to a tenant roll that includes Dahill, Lex Mundi and Manpower Group, according to CoStar information.

H. Dan Miller and Marty Hogan of HFF's investment sales team represented the seller, while the buyer had in-house representation. Matt Kafka and Michael Johnson of HFF's debt placement team arranged a five-year, 4.25%, fixed-rate acquisition loan through Greystone on behalf of the buyer.

Please see CoStar COMP #4017955 for more information on this transaction.
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