Gemini Rosemont Unloads Two Woodlands Office Properties

Two office buildings which totaled over 150,000 square feet were sold by Gemini Rosemont to Black Forest Ventures. JLL brokered the transaction, representing the seller and procuring the buyer. Together, the two properties were 66.7 percent leased at the time of the sale.

Commercial Edge reports the the first, five-story building is located at 10200 Grogans Mill Road and comprises 80,180 square feet. Built in 1980 on a 5-acre site, the property features a recently renovated lobby and common areas. Tenants include companies operating in a diverse mix of sectors including law, finance and civil engineering.

Less than a mile away, at 1610 Woodstead Road, sits the second asset, comprising 72,601 square feet. The four-story building was constructed in 1982 and occupies a 4.7-acre site. The tenant roster encompasses firms in industries such as oil and gas, technology and consulting, as well as logistics, among others.

The two buildings are situated near Interstate 45, roughly 30 miles north of Houston.