Cross Ocean Partners and Fuller Realty Acquire 829,000-SF Office Campus in Houston’s Energy Corridor

Cross Ocean Partners and Fuller Realty acquired Eldridge Place, a Class A office campus in Houston’s Energy Corridor that is 94%-leased. The transaction signals continued investment demand for income-producing, largely occupied office assets, though no pricing or financial terms were provided in the release.

Analysis

Cross Ocean Partners and Fuller Realty acquired Eldridge Place, a Class A office campus in Houston’s Energy Corridor that is 94%-leased. The transaction signals continued investment demand for income-producing, largely occupied office assets, though no pricing or financial terms were provided in the release.