Canadian Investor Buys Westgate Office Building for $63.4 Million
Canadian investment firm Nicola Crosby Real Estate purchased a four-story office building within the master-planned development Westgate in West Houston for $63.42 million, or about $255 per square foot.
The Vancouver, British Columbia-based firm acquired the property from a joint venture between Transwestern and Miler Global Properties. Nicola Crosby also secured a seven-year, fixed-rate acquisition loan through Principal Real Estate Investors…
