Silver Star unit Hartman eyes sale of three more Texas properties

By Sarah Lizee

Olympia, Wash., Oct. 20 – Silver Star Properties REIT, Inc. indirect subsidiary Hartman SPE, LLC is seeking approval of three property sales, according to motions filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company wants to sell a property in Richardson, Tex., to Promenade Partners LP for $18.1 million, a property in Houston to 7211 Regency Square Management, LLC for $3.24 million, and another property in Houston to Whitestone REIT for $27.15 million.

Silver Star is a self-managed real estate investment trust based in Houston. Hartman SPE filed bankruptcy on Sept. 13 under Chapter 11 case number 23-11452.

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