NW Houston: Pagewood JV Buys 13 Buildings

In Houston, Houston-based Pagewood, in a joint venture with Boston-based Long Wharf Capital, has purchased a 13-building business park in close-in northwest Houston.

Crossroads at Brittmoore, a 292,200-SF business park on 20 acres at 2121 Brittmoore, is 91% leased. The property, located off Beltway 8 between I-10 and Highway 290, was purchased from ABCO.

“This partnership with Long Wharf Capital highlights our vision to revitalize high-potential infill properties and create dynamic environments where businesses thrive,” said Paul Coonrod, Founder and Managing Principal of Pagewood. “Crossroads at Brittmoore’s central location and functional layout make it an ideal candidate for modernization. With strategic upgrades, we’ll elevate the park to a new standard that will lead the underserved industrial market along the Brittmoore Corridor.”

Work will begin this summer to improve the park with landscaping, new fencing, walkway canopies across all the buildings, vibrant exterior paint, and improved signage. Completion is planned in Q3 2026.

Suites range from 2,000 SF to 20,000 SF with an average size of 3,500 SF. Stream Realty Partners is leasing the project.

With the purchase, Pagewood’s Houston shallow bay portfolio totals 1.2 million SF. Northmarq arranged purchase financing for Pagewood through Veritex Community Bank.

The deal follows Pagewood’s purchase of the nine-building Georgibelle Business Park in Spring Branch last year. In a joint venture formed with CenterSquare last year, Pagewood is renovating 46 buildings across nine business parks in northwest Houston at Gateway Industrial Commons.

Nearby, Pagewood converted industrial buildings at 1410 Brittmoore into creative office space called The Quad.