PE Firm Sells Office Tower In Houston Energy Corridor

Law360, Houston (December 20, 2012, 6:37 PM EST) -- Real estate investor DRA Advisors LLC picked up a 174,000-square-foot office building in Houston’s Energy Corridor from private equity firm Black Forest Ventures LLC, expanding its holdings in Texas, the deal’s broker Holliday Fenoglio Fowler LP announced Thursday.

Trent Agnew, who leads the HFF investment sales team representing Black Forest, said DRA Advisors had identified 17000 Katy Freeway in the Energy Corridor district on the west side of Houston as the next logical target of what has turned into a buying spree for the New York-based...
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