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1500, 6100 Brittmoore Road, 1656 Townhurst Drive, 1330 Sherwood Forest, 1411, 1771 Upland Drive, 6989 West Little York Road, 4125 & 4041 Hollister Street
SOLD

CenterSquare & Pagewood Acquire Industrial Portfolio In Houston With NorthMarq Financing

1500, 6100 Brittmoore Road, 1656 Townhurst Drive, 1330 Sherwood Forest, 1411, 1771 Upland Drive, 6989 West Little York Road, 4125 & 4041 Hollister Street

Industrial
2,485,600 SF
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Summary

Sale
TEXAS
Industrial
2,485,600 sqft

The Gateway Industrial Commons, comprised of nine industrial properties totaling 621,400 square feet in Houston's Northwest corridor, was recently acquired by Todd Briddell of CenterSquare and Paul Coonrod of Pagewood. The properties are located at 1500, 6100 Brittmoore Road, 1656 Townhurst Drive, 1330 Sherwood Forest, 1411, 1771 Upland Drive, 6989 West Little York Road, 4125 & 4041 Hollister Street.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Seller: HRES Group
  • Buyer: Todd Briddell - CenterSquare; Paul Coonrod - Pagewood
  • Lender: NorthMarq

Pagewood and CenterSquare Investment Management, with Todd Briddell and Paul Coonrod as the respective representatives, jointly acquired the Gateway Industrial Commons in Houston. The financing for the transaction was secured through NorthMarq. Partners Real Estate will oversee the renovations and leasing of the industrial properties.

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Details

Deal Summary
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SOLD
IMAGE: Todd Briddell & Paul Coonrod DATE: 03/19/2024 ADDRESS: 1500, 6100 Brittmoore Road, 1656 Townhurst Drive, 1330 Sherwood Forest, 1411, 1771 Upland Drive, 6989 West Little York Road, 4125 & 4041 Hollister Street MARKET: Houston ASSET TYPE: Industrial ~ SF: 621,400 ~ ACRES: 34 BUYER: Todd Briddell - CenterSquare; Paul Coonrod (@PaulCoonrod) - Pagewood (@Pagewoodcre) SELLER: HRES Group LENDER: NorthMarq (@Northmarq) NOTE: Pagewood and CenterSquare Investment Management jointly acquired the Gateway Industrial Commons, comprising nine industrial properties totaling 621,400 square feet in Houston's Northwest corridor, with financing secured from Northmarq. Renovations and leasing will be managed by Partners Real Estate.

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Address1500, 6100 Brittmoore Road, 1656 Townhurst Drive, 1330 Sherwood Forest, 1411, 1771 Upland Drive, 6989 West Little York Road, 4125 & 4041 Hollister Street

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