Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Houston-Galveston  + Office  | 

JLL Capital Markets Closes Sale Of 2 Million SF Office/Warehouse Property in Houston

JLL Capital Markets announced today that it has closed the sale of the former Hewlett Packard Enterprise (HPE) campus, an approximately two million-square-foot, multi-building office/warehouse campus in northwest Houston, TX.

JLL represented the seller, Hewlett Packard Enterprise, which has relocated their corporate campus to a new facility at CityPlace at Springwoods Village. Boyd Commercial represented the buyer, an affiliate of Mexcor International, who owns and occupies one of the adjacent properties and will immediately occupy a portion of the space.

The property, which was built between 1984 and 1988, consists of five office buildings, two manufacturing/distribution buildings and four additional buildings that house maintenance and/or amenity space. The property also includes five parking garages, which along with surface lots provide a total of 5,229 spaces. Located at 11445 Compaq Center West Dr., the former HPE campus sits on a 66-acre site at the intersection of State Highway 249 and Louetta Rd.

The JLL Capital Markets team representing the seller was led by Kevin McConn, Rick Goings, Ronnie Deyo, Beau Bellow and Ethan Goldberg.

Connect

Inside The Story

JLL Capital Markets

About Erik Hamilton

Erik Hamilton, who has more than 15 years in CRE journalism, is a former staff writer with the Los Angeles Times and the Orange County Business Journal. In addition to The Times and the OCBJ, he was also a reporter and editor for Crittenden Research, The San Bernardino Sun and UPI. Erik also worked six years in CRE public relations with Los Angeles-based Hoyt Organization, where he was a Senior Account Executive. He later joined Lee & Associates where he served as the Director of Corporate Communications. There ,in addition to his work with Lee’s CEO, he managed 57 offices nationwide and provided PR, social media and media training for the offices. A graduate of UC Irvine, with a BA in history, he is an avid record collector where he continues to search for a rare Joy Division single.

  • ◦Sale/Acquisition