News
Houston Office

Hartman Buys Class-A in Greenspoint

An affiliate of Hartman Short Term Income Properties XX purchased 400 North Belt. Hartman CEO Al Hartman (here with wife Lisa and daughters Margaret, Victoria and Charlotte) tells us the acquisition is part of an overall plan to grow its value-add portfolio in three Texas markets. The 231k SF Class-A office project is in Greenspoint and is 64% leased. 400 North Belt was built in ’82 and has undergone more than $2M in capital upgrades over the last 10 years. A fitness center will open in the building this year. HFF’s Danny Miller and Trent Agnew repped the seller, and Hartman’s Dave Wheeler, Julian Kwok and Russell Turman repped the buyer.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Forget Buildings, Retailers Are Leasing Environments

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters