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MetroNational Sells 3 Houston Office Buildings

MetroNational has sold this Energy Corridor building to S&B Engineers.

HOUSTON (Realty News Report) – MetroNational has sold three suburban Houston office properties totaling 230,506 SF. The properties are located at 2930 West Sam Houston Parkway, 10401 Centrepark Drive and 15150 Memorial Drive.

HFF’s Dan Miller and Trent Agnew procured three separate buyers for the buildings.  2930 West Sam Houston Parkway was purchased by Amerix Capital.  Enterprise Holdings, Inc. was the buyer of 10401 CentrePark Drive and 15150 Memorial Drive was purchased by S&B Engineers and Constructors, Ltd., which was represented by Mission Asset Marketing.

2930 West Sam Houston Parkway, also known as the Kempwood Building, and 10401 Centrepark Drive are located along Beltway 8 in Houston’s West Belt submarket. Completed in the early 2000’s, the properties are 94.2 and 69.7 percent leased respectively, to an investment grade tenant base, including Enterprise Holdings, Canon Inc., Texas Capital Bancshares, Helmerich & Payne Inc. and Eco-Stim.

15150 Memorial Drive is positioned just west of the intersection of Memorial Drive and Eldridge Parkway in the heart of Houston’s Energy Corridor.  The 5.7-acre site has direct access to the Interstate 10 feeder road and is convenient to Highway 6 providing north/south access. Built in 1992, the 155,118-SF vacant property recently served as the headquarters for PGS Americas

MetroNational, founded in 1954, owns and manages more than 9.7 million SF of commercial real estate properties primarily located in Greater Houston.  MetroNational’s largest development is Memorial City located in West Houston.

Oct. 16, 2018 Realty News Report Copyright 2018

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