Seventeenth Street Plaza sold to HRPT - Houston Business Journal:

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Newton, Mass.-based HRPT (NYSE: HRP), a real estatee investment trust that owns and operatexs office and industrial paid cash forthe building. The sales price was not announced. Seventeenthn Street Plaza is locaterd at 122517th St., across from the Tabor Center retail and hotel complex. It was developed by what’s now Jones Lang LaSalle Inc. of and was completed in 1982. Previoux owners include Equitable Real Estate InvestmenrtManagement Inc. (ERE), part of the Equitable insurance company. Australian real estate giant LendLeasr Corp. Ltd. took over the building in the 1990s after itacquire ERE.
JPMorgan quietly put the building on the markety inearly 2008, asking $385 per square foot, or roughly $250 brokers said. Brookfield Properties of New York and Toronto had the buildingt under contract to purchas e last summerfor $225 million, but the deal was not consummateds because of the debt crisis’ impact on Brookfield’s lender, said real estated brokers knowledgeable about the deal. As of October, the buildinv was off the market. The building, with an attacheed parking structure, is 93 percent leased and included Ink! Coffee and Heidi’s Brooklyn Deli outlets. It is home to the headquarterds of Molson CoorsBrewing Co.