Former Haliburton Office Campus in Houston Changes Hands
- Jun 22, 2018
JLL Capital Markets and Williams & Williams have completed the sale of Haliburton’s former Oak Park campus in west Houston. A private local investment group purchased the property at an auction.
“Given its prominent location and size, this site has high potential for any number of uses,” said Rudy Hubbard, managing director at JLL, in a prepared statement. “However this property is purposed, we look forward to seeing it fully utilized to the benefit of the market and new ownership alike.”
The 48-acre property is situated within Houston’s Westchase District, at the intersection of Bellaire Boulevard and Sam Houston Tollway. The asset comprises 568,000 square feet of office space, a daycare center, a five-story parking garage, a 17,500-square-foot fitness facility and a central plant. Constructed in 1979, the building underwent cosmetic, mechanical and electrical renovations since 2013.
Hubbard, along with Senior Vice President Kevin McConn, Vice President Rick Goings and President Dan Bellow, led the JLL sales team. Last June, the team completed the sale-leaseback of a post-acute care rehabilitation facility in Dripping Springs, Texas.
Image courtesy of JLL Capital Markets