Pagewood Sells Building 1 at Mosielee Commerce Park to Southwest ADI

Northwest Houston Industrial Project Lands Automotive Logistics Tenant

Pagewood, a Houston-based commercial real estate owner, operator, and developer, has sold Building 1 at Mosielee Commerce Park to Southwest ADI, a firm specializing in automotive parts logistics.

The sale marks a major milestone for the northwest Houston development, which Pagewood announced in December 2024 when it acquired 32 acres near Highway 249 and broke ground on the two-building, Class A speculative industrial project inside Beltway 8.

Building 1, a cross-dock configuration totaling roughly 275,000 square feet with access from Old Foltin Road, was purpose-built for the type of high-throughput distribution operations that Southwest ADI runs. The building's six points of ingress and egress and efficient site circulation make it well suited for automotive parts logistics, where speed and truck access are critical.

"We've consistently seen strong demand for Class A warehouse space in this size range inside Beltway 8," said Mat Volz, Managing Principal of Pagewood, when the project was first announced. The sale to Southwest ADI validates that conviction, delivering a successful disposition well in line with the firm's development playbook — the same approach that drove its earlier build, lease-up, and sale of The Great 290 in the same submarket.

Mosielee Commerce Park's second building, a front-load configuration totaling approximately 155,000 square feet adjacent to Highway 249, continues to progress. David Buescher and Geoff Perrott with JLL are handling leasing for Building 2.