{"id":1004084644,"date":"2013-10-03T09:55:35","date_gmt":"2013-10-03T17:55:35","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=191803"},"modified":"2022-03-04T14:02:42","modified_gmt":"2022-03-04T22:02:42","slug":"skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/","title":{"rendered":"Skanska Sells 3009 Post Oak for $112M; MIG Grabs 240-Unit Woodlands M-F Community"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Amalia Otet, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">Skanska USA, one of the leading development and construction companies in the country, announced plans to sell its recently completed office tower in Houston. The <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/3009-Post-Oak-Boulevard.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-191814\" title=\"3009 Post Oak Boulevard\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/3009-Post-Oak-Boulevard.jpg\" alt=\"\" width=\"199\" height=\"300\" \/><\/a>buyer, Post Oak Building L.L.C., agreed to pay $112 million for the property. The transaction will be recorded and settled in the third quarter of 2013, as per company statements.<\/p>\n<p style=\"text-align: justify\">3009 Post Oak Bovd. is a 302,000-square-foot, 20-story, Class A office building strategically located on Post Oak Boulevard, at the intersection of Hidalgo and 610 West Loop in the Uptown\/Galleria submarket.<\/p>\n<p style=\"text-align: justify\">The tower has been pre-certified LEED Platinum and offers premier amenities, including a conference facility, food service, 24\/7 security, card-key access, a reception desk with an electronic directory, as well as exclusive design features.<\/p>\n<p style=\"text-align: justify\">The green enhancements include a highly efficient glass fa\u00e7ade; energy recovery wheel and occupancy monitoring systems that focus on maximizing energy efficiency and operational savings; a sophisticated lighting control system for the office and garage areas; and a rainwater collection system used for landscape irrigation.<\/p>\n<p style=\"text-align: justify\">Meanwhile, in multi-family news, Newport Beach, Calif.-based MIG Real Estate has completed the acquisition of Pine Creek Ranch, a 240-unit apartment community in The Woodlands.<\/p>\n<p style=\"text-align: justify\">Located at 3600 College Park Drive, the 12-acre property features one-, two- and three-bedroom units. The apartment homes have fully equipped kitchens, full-size washers and dryers, private patios, balconies or sunrooms, as well as oversize closets and bedrooms. Community amenities include a Wi-Fi equipped clubhouse, swimming pool with beach entry, air conditioned basketball half-court, fitness center, barbecue area, billiards room, theater and business center.<\/p>\n<p style=\"text-align: justify\">Pine Creek Ranch sits within walking distance of various neighborhood retail outlets, including Starbucks and Chase Bank, and less than five miles from Cynthia Woods Mitchell Pavilion, the <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/Pine-Creek-Ranch-in-the-Woodlands-TX.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-191812 alignleft\" title=\"Pine Creek Ranch in the Woodlands, TX\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/Pine-Creek-Ranch-in-the-Woodlands-TX.jpg\" alt=\"\" width=\"300\" height=\"199\" \/><\/a>upscale Market Street and regional retail centers such as Pinecroft Center and The Woodlands Mall.<\/p>\n<p style=\"text-align: justify\">MIG selected Greystar, a national operator with a significant presence in the Houston market, to handle property management for Pine Creek.<\/p>\n<p style=\"text-align: justify\">This acquisition marks the company\u2019s third investment in Texas multifamily properties, following its investment in The Cottages in Austin in 2012 and Wynhaven at Willowbrook in Houston in 2012.<\/p>\n<p style=\"text-align: justify\"><em>Rendering of 3009 Post Oak Blvd. via official <a title=\"Office building in Houston\" href=\"https:\/\/www.3009postoak.com\/\" rel=\"nofollow\">website<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skanska USA, one of the leading development and construction companies in the country, announced plans to sell its recently completed office tower in Houston. The buyer, Post Oak Building LLC, will purchase the property for $112 million. The transaction will be recorded and settled in the third quarter 2013<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[1815],"class_list":["post-1004084644","post","type-post","status-publish","format-standard","hentry","category-houston","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Skanska Sells 3009 Post Oak for $112M; MIG Grabs 240-Unit Woodlands M-F Community - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skanska Sells 3009 Post Oak for $112M; MIG Grabs 240-Unit Woodlands M-F Community\" \/>\n<meta property=\"og:description\" content=\"Skanska USA, one of the leading development and construction companies in the country, announced plans to sell its recently completed office tower in Houston. 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The transaction will be recorded and settled in the third quarter 2013\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-10-03T17:55:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T22:02:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/3009-Post-Oak-Boulevard.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/\",\"name\":\"Skanska Sells 3009 Post Oak for $112M; MIG Grabs 240-Unit Woodlands M-F Community - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/3009-Post-Oak-Boulevard.jpg\",\"datePublished\":\"2013-10-03T17:55:35+00:00\",\"dateModified\":\"2022-03-04T22:02:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/3009-Post-Oak-Boulevard.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/10\/3009-Post-Oak-Boulevard.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-3009-post-oak-for-112m-mig-grabs-240-unit-woodlands-m-f-community\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Skanska Sells 3009 Post Oak for $112M; MIG Grabs 240-Unit Woodlands M-F Community\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73\",\"name\":\"Amalia Otet\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"caption\":\"Amalia Otet\"},\"description\":\"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. 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