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53-acre Greenway Plaza complex sold
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Interra Capital Group has scooped up one of the largest and most visible office complexes in Houston. The Houston-based private equity and financial advisory firm paid an undisclosed amount to acquire Greenway Plaza, a 53-acre campus offering about 4.5 million square feet of leasable space along Interstate 69 inside the 610 Loop. The purchase price was not disclosed. In 2013, the property sold for $950 million. "Greenway Plaza is one of the most iconic and strategically important business campuses in Houston," Interra Capital Group CEO Jack Polatsek said in an April 10 news release. "This is a generational asset with unmatched scale, a premier infill location, and tremendous long-term potential. We are proud to acquire Greenway Plaza and are committed to making the investments necessary to enhance the campus and strengthen its position as one of the market's leading business destinations." Continue reading this story on the Houston Business Journal's website. This story came to us through our partnership with the Houston Business Journal. Keep up with the latest Houston business headlines here.