Moody Rambin represented the seller in the transaction of the 622,130-square-foot portfolio
[HOUSTON, Texas] – In a landmark collaboration, Jim Autenreith and Stephen Ghedi of Moody Rambin spearhead the sale of Gateway Industrial Commons, a nine-business park portfolio totaling 622,130 square feet in northwest Houston.
Moody Rambin, a leading commercial real estate brokerage and management firm, facilitated the sale of Gateway Industrial Commons, representing the seller, HRES Group, and sourcing the purchaser, Pagewood, a locally owned data-driven commercial real estate investment firm headquartered in Houston. This strategic acquisition underscores Moody Rambin’s expertise and commitment to delivering top-tier solutions for its clients.
“The portfolio had all of the classic hallmarks that we see in today’s light industrial environment,” remarked Moody Rambin Vice President Stephen Ghedi. “The Pagewood team is headquartered only miles from most of these assets, so this will be a huge catalyst for their organization’s growth in the years to come.”
Leading the Moody Rambin team were Executive Vice President Jim Autenreith, Vice President Stephen Ghedi, and Associate Tanner Thompson. Pagewood’s team was spearheaded by Managing Principals Paul Coonrod and Mat Volz, as well as their Vice President of Acquisitions, Nick Spearman. Financial advisory services were provided by Managing Director Warren Hitchcock of Northmarq.
The industrial business parks acquired in the Gateway Industrial Commons portfolio offer prime real estate located along Beltway 8-West near Interstate 10-Katy, providing strategic access for businesses in northwest Houston. With buildings ranging in size and functionality, Pagewood is well-positioned to meet the diverse needs of tenants and drive value-add opportunities in these infill locations.
“This collaboration represents a significant milestone in the evolution of Houston’s business landscape,” stated Jim Autenreith, Executive Vice President of Moody Rambin.
The industrial business parks included in the Gateway Industrial Commons portfolio can be found at the following addresses:
- Building 1 – 1656 Townhurst Drive
- Building 2 – 1330 Sherwood Forest Street
- Building 3 – 1411 Upland Drive
- Building 4 – 1771 Upland Drive
- Building 5 – 1550 Brittmoore Road
- Building 6 – 6100 Brittmoore Road
- Building 7 – 6989 West Little York Road
- Building 8 – 4125 Hollister Street
- Building 9 – 4041 Hollister Street
Established in 1969, Moody Rambin is Houston’s largest locally owned, full-service commercial real estate brokerage and management firm. The firm’s in-depth local market knowledge, coupled with its global investor reach, ensures the delivery of top-tier solutions for clients. Moody Rambin specializes in providing project leasing, tenant representation, disposition, development, investment sales, construction, consulting, and property management services to owners and tenants throughout the Texas region and the United States.