TPG/CalSTRS Sells 806,004-SF Office Park in Houston

TPG/CalSTRS LLC, an affiliate of Thomas Properties Group (NASDAQ: TPGI), concluded its sale of Brookhollow Central, an 806,004-square-foot, three-building property in Houston, TX. Parmenter Realty Partners, a Miami, FL-based commercial real estate company, acquired the assets for $71 million or $88 per square foot, according to published reports.

TPG originally purchased the structures as part of a six-building portfolio from Equity Office, an…

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