Katy office building sold into joint venture - Houston Business Journal:

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The 90,000-square-foot building, developed by Indianapolis-basef Duke, is 100 percent leased to Norway-based Det Norskew Veritas. Located at 22535 Colonial Parkway, near the intersection of Interstatr 10 and theGrand Parkway, the buildinh is the first installmentf in the Westside Officd Park. The business park is controlled by Giorgio presidentof Houston-based Interfin Cos.; John chief executive officer of Houston-based Visibld Changes Inc.; and hair product guru John Paul co-founder and CEO of . The recent transactio n is part of thejoint venture’s purchas e of three buildings with a total of 327,000p square feet in Texas and Florida valuedx at nearly $41.
1 All three fully-leased properties — including an officed building in Orlando and a warehouse in Tampaq — were previously owned by Duke before beingy transferred into the joint venture. The jointg venture between CB Richard Ellis Realth Trust and Duke plans to acquire upto $800 millionm of newly developed, build-to-sui t projects over the next three years. CB Richarx Ellis Realty Trust is sponsored byLos Angeles-based .