HOUSTON — An affiliate of Hillwood, the Dallas-based development firm led by Ross Perot Jr., has purchased the Mason Creek Business Center, a Class A industrial park in Houston’s Energy Corridor.
The property totals 339,000 square feet and sits at the northeast corner of Interstate 10 and Mason Road, roughly one mile east of the Grand Parkway. The seller was a partnership between Transwestern Development Co. and AEW Capital Management; HFF brokers Rusty Tamlyn and Trent Agnew represented the seller in the transaction.
Hillwood has retained Transwestern leasing executives Darryl Noon and Jude Filippone to handle marketing and leasing for the four-building campus.
Positioned in the West Houston Industrial submarket, Mason Creek Business Center benefits from convenient access to several major regional routes. In addition to Interstate 10 and the nearby Grand Parkway, the park offers easy connections to Highway 6, the Westpark Tollway and the Sam Houston Tollway, providing efficient circulation for industrial and logistics users.
Buildings at the park are designed to meet modern distribution and light-industrial needs. Clear heights range from 24 to 28 feet, truck courts extend between 130 and 190 feet, and the campus includes a mix of cross-dock as well as rear- and front-load configurations to accommodate diverse tenant requirements.
Feb. 7, 2017 Realty News Report Copyright 2017