2000 West Loop South

Harbor Capital Group provided a $35.5 million senior conduit loan and a $9 million mezzanine loan for the acquisition of this Class A office building. The 21-story building is located in Houston's upscale Galleria market. It was 90% occupied at closing, with rents averaging $20 per square foot. The purchaser was an experienced 1031/TIC sponsor that specializes in acquiring and managing office properties.

 

 

 

Houston, Texas	$44,500,000