NAI Investment Fund I, LLC Acquires 74,753 SF Office Building located at 12600 Featherwood
Houston, Texas - September 18, 2015 - NAI Investment Fund I, LLC has acquired an office building located at 12600 Featherwood, Houston, Texas at an undisclosed price. The 74,753 SF Class “B” is currently 81% occupied.
NAI Partners has been retained to provide both property management and leasing services on behalf of the owner, NAI Investment Fund I, LLC. The seller, Klabzuba Realty, LLC, located in Fort Worth, Texas, was represented by Marty Hogan, Director at HFF while Rob Evans, Senior Vice President with NAI Investment Management LLC, negotiated the acquisition. The lender is Amegy Bank of Texas.
NAI Investment Fund I, LLC, has been organized by NAI Investment Management, LLC and the partners of NAI Partners to invest in office and industrial multi-tenant properties in Houston, Austin, Dallas and San Antonio. According to Rob Evans, the objective is to acquire value-add properties in these markets over the next 18-24 months.