HOUSTON – Lee & Associates and 35 South Capital have purchased 10497 Town and Country Way, a nine-story, 150,000-sf building.
Lee & Associates plans to move into a full floor of about 17,000 sf next year. 35 South Capital will occupy 3,000 sf in the building later this year.
The building is already about 85 percent leased and will become nearly 100 occupied once the partnership moves in.
The seller, Equus Capital Partners, was represented by JLL. JLL’s debt advisory team helped secure the acquisition loan from Independent Bank on behalf of the buyers.