{"id":1004236847,"date":"2018-06-21T23:51:17","date_gmt":"2018-06-22T07:51:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004236847"},"modified":"2022-12-08T00:51:38","modified_gmt":"2022-12-08T08:51:38","slug":"houston-office-campus-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/houston-office-campus-changes-hands\/","title":{"rendered":"Former Haliburton Office Campus in Houston Changes Hands"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004236865\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004236865\" data-attachment-id=\"1004236865\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/houston-office-campus-changes-hands\/oak-park-office-campus\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;11&quot;,&quot;credit&quot;:&quot;Jerry Jones&quot;,&quot;camera&quot;:&quot;NIKON D300&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1345493829&quot;,&quot;copyright&quot;:&quot;\\u00a92012 Jerry Jones&quot;,&quot;focal_length&quot;:&quot;13&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;5&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Oak Park Office Campus\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Oak Park Office Campus, Houston&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg?w=800\" class=\"wp-image-1004236865 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/Oak-Park-Office-Campus.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004236865\" class=\"wp-caption-text\">Oak Park Office Campus<\/p><\/div>\n<p>JLL Capital Markets and Williams &amp; Williams have completed the sale of Haliburton\u2019s former Oak Park campus in west Houston. A private local investment group purchased the property at an auction.<\/p>\n<p><em>\u201cGiven its prominent location and size, this site has high potential for any number of uses,\u201d<\/em> said Rudy Hubbard, managing director at JLL, in a prepared statement. <em>\u201cHowever this property is purposed, we look forward to seeing it fully utilized to the benefit of the market and new ownership alike.\u201d<\/em><\/p>\n<p>The 48-acre property is situated within Houston&#8217;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.&nbsp;<\/p>\n<p>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&nbsp;completed the sale-leaseback of a <a href=\"https:\/\/www.commercialsearch.com\/news\/jll-arranges-sale-leaseback-of-austin-health-facility\/\">post-acute care rehabilitation facility in Dripping Springs<\/a>, Texas.<\/p>\n<p><em>Image courtesy of JLL Capital Markets <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Situated in Westchase District, the 48-acre property comprises 568,000 square feet of office space, a daycare center, parking garage, a fitness facility and a central plant. <\/p>\n","protected":false},"author":746,"featured_media":1004236865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1589,21783,21742,21747],"tags":[40769,32796,36365],"class_list":["post-1004236847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-investment","category-latest","category-office","tag-dan-bellow","tag-jll","tag-rudy-hubbard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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