Newcor Commercial Real Estate closed the sale of a 3-acre parcel at 1625 W. Loop South in the Galleria market of Houston.
The property, which was formerly a hotel, was sold by KB Houston Galleria and acquired by KNA Partners.
Bob Banzhaf, founder and chief executive officer of Newcor, represented the seller in this transaction.
The buyer was represented by Meredith Cullen with Newmark and Sam Arnold with Cullen Properties.