Brookfield closes Houston Center acquisition, taps Transwestern for leasing

Brookfield Property Partners (Nasdaq: BPY) has closed on its acquisition of Houston Center, a four-building, mixed-use property downtown.

Houston-based Transwestern also was selected to oversee leasing at Houston Center, which is 72 percent occupied, according to a press release.

Houston Center went on the market in June, and the Houston Business Journal reported in September that Brookfield would buy it for $875 millionHFF’s Jeff Hollinden, Trent Agnew and Scott Galloway marketed the property on behalf the seller, institutional investors advised by J.P. Morgan Asset Management. 

Click to read more at Houston Business Journal.