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Granite Properties acquires office complex in Texas

US-based real estate investment firm, Granite Properties, Inc., has acquired an office complex in Houston, Texas for $78.4 million. The seller is Texas-based real estate investment trust TIER REIT, Inc. The property is a three-building, 824,632 square foot office complex. HFF represented the seller while Scott Martin and Paul Bennett represented Granite Properties on the transaction.

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Commercial real estate deals,Real estate deals,Real estate,Commercial real estate,office property