Office

Mason Creek Office Center 1

21420 Merchants Way, Katy, Texas
Date Purchased2015
Size 135,716 SF

Overview

Mason Creek Office Center 1, a Class A office building situated in the Katy Freeway West submarket in Houston. Mason Creek Office Center 1 was constructed in 2013 and consists of a two-storey, certified LEED Silver Core and Shell office building comprising 135,716 rentable square feet on a 10.8-acre site that includes a generous parking ratio. The property is 100% leased by Government Employees Insurance Company (GEICO), the second largest private passenger automobile insurance company in the US and a wholly-owned subsidiary of Berkshire Hathaway. This asset features a long term lease with contractual annual rental increases.

Acquisition Report

Key Details

  • Ownership:
    100%
  • Site Size:
    10.81 Acres
  • Date Built:
    2013
  • No. Floors:
    2
  • Parking Spaces:
    808
  • Parking Ratio:
    5.95/ 1,000
  • Key Tenants:
    GEICO
  • Property Manager:
    Transwestern: Josh Lack, CPM
    832-408-4091
29.787811
-95.744979

More Office Properties

Office

Joshua Creek Corporate Centre

1425 North Service Road East, Oakville

Joshua Creek Corporate Centre is a new three building, single storey, office campus fronting onto the QEW set against a picturesque conservation area.

Date Purchased: 2014
Size: 119,574 SF
Date Built: 2013
Office

South Calgary Health Centre

31 Sunpark Plaza SE, Calgary

Sunpark Plaza is a class A suburban office building in southeast Calgary, Alberta, 20 minutes south of downtown Calgary. The property is 100% leased to credit tenants including Alberta Health …

Date Purchased: 2014
Size: 124,692 SF
Date Built: 2003
Office

Volker Stevin North American Head Office

7175 & 7220 12th Street SE, Calgary

This suburban office building comprises 37,240 SF and serves as the head-quarters location for Volker Stevin, a leading construction and project management services firm specializing in underground utility installation, surface …

Date Purchased: 2011
Size: 37,240 SF
Date Built: 1982
Office

144 Second Street

144 Second Street, San Francisco

Purchased in conjunction with 156 Second Street, this office building comprises 24,564 of creative office space well located in the Second Street corridor office market, a short walk from the …

Date Purchased: 2012
Size: 24,564 SF
Date Built: 1910
Office

156 Second Street

156 Second Street, San Francisco

Purchased in conjunction with 144 Second Street, this office building comprises 28,584 of creative office space located a short walk from the San Francisco CBD and directly across from the …

Date Purchased: 2012
Size: 28,584 SF
Date Built: 1908