PAGEWOOD & Long Wharf Capital Acquire Prime 292K SF Houston Business Park for Value-Add Transformation
FEATURED PRESS:
Houston Business Journal
Realty News Report
Bisnow Houston
ConnectCRE
Class A, shallow bay infill property poised for upgrade with comprehensive renovations to meet underserved Northwest Houston industrial submarket
HOUSTON, TX – June 2, 2025 – PAGEWOOD, a leading real estate owner, operator, and developer, and Long Wharf Capital, a Boston-based private equity real estate firm, today announced the joint acquisition of Crossroads at Brittmoore, a prime 292,200-square-foot business park in Northwest Houston. The 20-acre infill shallow bay business park comprises 13 buildings and is currently 91% leased. Located at 2121 Brittmoore, its premier location in the southern Brittmoore corridor positions the property at the intersection of both I-10 and Highway 290.
“This partnership with Long Wharf Capital highlights our vision to revitalize high-potential infill properties and create dynamic environments where businesses thrive,” said Paul Coonrod, Founder and Managing Principal of PAGEWOOD. “Crossroads at Brittmoore’s central location and functional layout make it an ideal candidate for modernization. With strategic upgrades, we’ll elevate the park to a new standard that will lead the underserved industrial market along the Brittmoore Corridor.”
Acquired from ABCO, the property features 13 buildings with suites ranging from 2,000 to 20,000 square feet with an average suite size of 3,500 square feet, catering to small and midsize businesses. Planned enhancements include:
· Extensive landscaping upgrades to increase existing visibility and prominence along the Brittmoore Corridor
· New perimeter fencing and secure access points to enhance safety
· Walkway canopies across all buildings for added convenience
· Vibrant exterior paint refresh to modernize the park’s appeal
· Improved wayfinding signage
· Concrete repairs throughout the park
Renovations are planned to begin this summer and be completed by Q3 2026.
Warren Hitchcock and Blane Eikenhorst with Northmarq represented PAGEWOOD securing new debt with Veritex Community Bank, represented by Brent Reed and Aaron Gowe in the transaction. Tyler Manor, Brandon Preece, and Natalie Gilbert with Stream Realty Partners are leasing the project.
The acquisition of Crossroads at Brittmoore brings Pagewood’s Houston shallow bay portfolio to a total of 1.2 million square feet.
About PAGEWOOD
PAGEWOOD is a Houston-based commercial real estate owner, operator, and developer with a growing portfolio exceeding 2 million square feet across Texas. Combining data-driven insights with hands-on asset management, the company specializes in retail, office, entertainment, and restaurant properties, delivering institutional-grade results for investors and tenants alike. Known for its innovative approach, PAGEWOOD is reshaping Texas real estate through strategic acquisitions, transformative developments, and community-focused enhancements.
For more information, visit www.Pagewood.com or follow @PagewoodCRE on social media.
About Long Wharf Capital
Long Wharf Capital LLC is a Boston-based private equity real estate firm specializing in value-added investments in the U.S. Founded in 2011, the firm invests on behalf of institutional clients including pension funds, endowments, foundations, and family offices. Long Wharf’s investment approach utilizes multiple value creation strategies across property sectors and U.S. markets. Since Long Wharf’s first fund in 2012, the team has invested over $1.4 billion of equity in more than 80 investments across the U.S., with an aggregated gross cost of $4.1 billion.
For more information, visit www.longwharf.com.