Transwestern, a commercial real estate firm, has acquired 30 acres in Houston’s Energy Corridor for a 384,900-sf industrial project, the company announced.
The development will consist of five buildings and be constructed in a single phase with an assortment of building types to accommodate various tenants. It will be part of Mason Creek Corporate Center, an 110,000-acre master-planned land development being executed by Parkside Capital, LLC.
Transwestern acquired the land from Parkside Capital for an undisclosed amount and will develop the project on a speculative basis with an institutional capital partner. The architect is Munson Kennedy Partnership.
Construction is set to begin in early November of this year with delivery expected in the third quarter of 2013.