Broadway Partners acquires One City Centre in Houston for $131m
Broadway Partners has completed the sale of One City Centre to Behringer Harvard REIT I, Inc. for $131 million. Upon taking ownership of the class A property, Broadway embarked on a program to attract new tenants and retain existing tenants for the long-term in order to increase occupancy and value. Broadway succeeded in raising occupancy from 82.2% to 95.5%, and placed a 181,000 s/f 10-year lease extension with Waste Management, Inc. that will keep the company at One City Centre through 2020. One City Centre is a 31-story, 608,622 s/f office tower. Representing the Broadway in the transaction was Robert Williamson of Holliday Fenoglio Fowler.
Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10th St. in Greenwich Village
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