Houston Selling to Winthrop Realty Trust: Mosaic II Tower

In Houston, Winthrop Realty Trust, a Boston-based REIT, has agreed to buy Mosaic II, a high-rise apartment tower near the Texas Medical Center in Houston.

The tower is a 29-story residential building comprised of 396 units and 20,065 sf of ground level retail space. Constructed in 2009, the property’s amenities include a 24-hour valet service, a 6,000-sf wellness center with steam rooms and saunas, an infinity-edge pool, full service 24-hour concierge services penthouse units of up to 2,959 sf and a 6,500 sf social lounge and recreation area.

The tower is west of Highway 288, east of Almeda, near Hermann Park.