HFF announces the sale of Brookhollow Central I, II and III, a three-building, Class A office portfolio totaling 806,541 square feet in Houston’s North Loop submarket.

The HFF team represented the seller, Parmenter, and procured the buyer, Hertz Investment Group.

Brookhollow Central I, II and III are located at 2800, 2900 and 2950 North Loop West at the newly reconfigured intersection of Interstate 610 and U.S. Highway 290, just north of Houston’s Galleria submarket. The property is close to some of Houston’s most affluent residential neighborhoods, including River Oaks, Tanglewood and the Memorial Villages and the amenity base of the Galleria area, which has more than 400 retail stores and restaurants. Each building has been institutionally owned and maintained with Brookhollow Central I completely rebuilt in 2014 and nearly $16 million spent on base building improvements.

HFF’s investment advisory team included senior managing director Dan Miller and senior director Marty Hogan.

Holliday GP Corp. (“HFF”) is a Texas licensed real estate broker.

About Parmenter
Parmenter is an institutional, fully integrated real estate investment, management and development firm, headquartered in Miami, Florida, with regional offices in Dallas and Atlanta. The company owns and operates high-quality office properties, and is actively involved in the expansion of its portfolio throughout its targeted markets.

About Hertz Investment Group

Hertz Investment Group is a leading private equity commercial real estate firm that owns and operates an institutional-quality portfolio of high-performance, high-visibility properties throughout the U.S.

About HFF

HFF and its affiliates operate out of 25 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.