Aerial view of Wilson Investment Properties’ newly-acquired NW Houston Industrial Portfolio. (PRNewsfoto/Wilson Investment Properties)
HOUSTON – (Realty News Report) – Wilson Investment Properties, a Silicon Valley-based real estate investment firm, acquired an industrial portfolio of 19 buildings in 6 industrial parks, primarily located in northwest Houston, spanning a total of 460,000 SF.
The portfolio is leased to a diversified set of 103 tenants, including manufacturing, fabrication, and many local service businesses. It fared exceptionally well during Hurricane Harvey, and industrial assets have been in higher demand due to lower supply from damaged inventory, increased construction, and the growth of e-commerce.
The portfolio includes a number of properties near Highway 290 near Beltway 8; on Aldine Westfield Road near Bush Airport and on the southeast side near Berry Brock Road and the Gulf Freeway.
“These offerings allow our investors, many of whom are in the technology field, to diversify their investments outside of stocks and Wall Street,” said Tom K. Wilson, principal of Wilson Investment Properties.
July 17, 2018 Realty News Report Copyright 2018