Unilev took out a $130 million loan to help purchase the Houston properties, which was bundled with other debt and sold to investors in a CMBS, according to Bloomberg data.
"It's good to see the sales spreading out from just, say, D.C. and New York," CoStar's Macke said. "What that indicates is increased confidence among the investors willing to go to markets that aren't the absolute gold-plated guaranteed markets that you would go to first."