Capital Commercial Investments has acquired Energy Crossing I, a 240,166-square-foot office building in Houston’s Energy Corridor. Last year, Capital also acquired Energy Crossing II at 15011 Katy Freeway next door.
In July 2014, Invesco acquired the buildings from Lincoln in a $169.9 million portfolio transaction. Energy Crossing II, the 327,404-square-foot neighboring building, was also built in 2014. Located at 15021 Katy Freeway, Energy Crossing I was completed in 2010, It has 1,800 square feet of ground-floor retail space, a fitness center, an on-site cafe and more than 1,070 parking spaces.
JLL Capital Markets Kevin McConn and Rick Goings led the Investment Sales and Advisory team that facilitated the deal.Â
Capital Commercial Investments says it has realized average annual returns of 26% on completed investments with CCI’s full discretion over major decisions, after more than 220+ successful investments.
The post Capital Commercial Buys Second Energy Corridor Office Building appeared first on Connect CRE.
​Â