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Hillwood Buys Transwestern Business Center

by Realty News ReportFebruary 8, 2017
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Mason Creek
Mason Creek Business Center

HOUSTON – An affiliate of the Hillwood organization, the Dallas-based firm controlled by Ross Perot Jr., has acquired the Mason Creek Business Center, an industrial development in the Energy Corridor area of west Houston.

The 339,000-SF Class A development is located at the northeast corner of Interstate 10 and Mason Road, a mile east of the Grand Parkway. The seller, a partnership of Transwestern Development Co. and AEW Capital Management, was represented by Rusty Tamlyn and Trent Agnew of HFF.

Transwestern’s Darryl Noon and Jude Filippone have been retained by Hillwood to lease the four-building development.

Located in the West Houston Industrial submarket, Mason Creek Business Center is on the northeast corner of Interstate 10 and Mason Road, approximately a mile east of the Grand Parkway. The park provides easy access to other major thoroughfares, including Highway 6, Westpark Tollway and Sam Houston Tollway. The buildings feature clear heights ranging from 24 to 28 feet, truck court depths from 130 to 190 feet, and cross dock and rear- and front-load layouts.

Feb. 7, 2017 Realty News Report Copyright 2017

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