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Houston Office Building Sells at Foreclosure Auction

Nearly Empty 19-Story Energy Corridor Tower Trades

Three Westlake Park, a 419,671-square-foot office building in west Houston, was bought in foreclosure by a subsidiary of Starwood Property Trust, according to a deed filed with the Harris County Clerk's office. The move comes after the borrower failed to make payments on the building's loan, according to Kroll, a credit rating agency.

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