H
ilco Real Estate Sales (HRE) has successfully completed the sale of a prime 11-story, 285,000± SF Class A office building in Houston, Texas for $27 million. The property, located at 2425 West Loop South, was sold through a Chapter 11 Bankruptcy process managed by HRE on behalf of Galleria 2425 Trustee, Jones Murray LLP.

    The HRE team implemented a targeted marketing strategy that generated significant interest in the asset, with nearly 31,000 views across its listing platforms during a one-month marketing period. A competitive virtual auction resulted in two offers, with the final sale price exceeding the court-approved minimum bid by $7.25 million.

    According to Ben Zaslav, director of business development at HRE, "Our team's expertise in bankruptcy and real estate sales enables us to deliver exceptional results for our clients. By providing actionable solutions and driving speed-to-value, we help maximize the value of commercial real estate assets."

    Steve Madura, senior vice president at HRE, added, "Executing a successful sale within a tight 30-day window required rapid marketing efforts and efficient management of inquiries, showings, and negotiations. We were able to maximize the property's value while closing the deal quickly."

    The sale was completed within 30 days following the sale confirmation hearing, demonstrating HRE's ability to deliver results under tight deadlines.

    Hilco Real Estate Sales is a trusted advisor in optimizing real estate assets, improving cash flow, and maximizing asset value. With over 20 years of experience, the team has secured billions in value for hundreds of clients through complex transactions, including lease renegotiation, multi-faceted sales structures, and strategic asset management.

    For more information about this transaction or to inquire about other opportunities, please visit HilcoRealEstateSales.com or call (855) 755-2300.