HALBERDIER Real Estate Closes another 46 Acre Project on FM 1488 west of The Woodlands
After months of complicated negotiations, Trey Halberdier, Chris Boone, Eric Day, and The H Team have secured another gem of a property just west of The Woodlands Texas, across the FM 1488 from Lake Windcrest.
Superior Business Park, now called West Lands Centre, sits on 46 acres with numerous buildings and 2 large billboards. The retail, office, and industrial facilities garner significant tenant income for The Woodlands-based, thriving Commercial Real Estate HALBERDIER brand. The H Real Estate plans to renovate some of the buildings and vacant land to a Class A mixed-use project to serve the hyper growth moving west of The Woodlands. The site has over 1,000 feet of FM 1488 frontage with multiple curb cuts, direct access to I-45, FM 2978, SH 149, Magnolia, The Woodlands, and Tomball.
Trey Halberdier, President and Chief Believer, explains, “We are thrilled to own this site as our cost basis is well below market. The project has immense development upside and bolsters The H Companies growing portfolio, now reaching $200,000,000 in CRE asset value. We strongly believe in the periphery of The Woodlands and our growing north Houston communities.”
Trey Halberdier’s team and private investors remain bullish on more acquisitions despite an uncertain oil and gas market and international looming debt challenges. HALBERDIER’s latest acquisition is another calculated initiative to expand west, northwest, and north from the ExxonMobil Campus, the Grand Parkway, and The Woodlands sterling master-planned community.
West Lands Centre has propelled HALBERDIER Real Estate to launch a new property management division headed up by Eric Day, Director of Operations at HALBERDIER Real Estate. With over a dozen West Land tenants and future build-to-suits on the horizon, combined with several other large H development projects in the pipeline (see www.theHrealestate.com), the boutique H Companies have creatively scaled up quickly. Eric Day declares, “There is a time to move fast and a time to move slow, and we fully realize we are at the right place and that the right time is now.”
HALBERDIER Real Estate boldly runs “the hurry up offense” by design, as land owners are raising their prices, the Fed Bank interest rate hike is imminent, and competition is everywhere. The insatiable appetite for solid value-add investment deals are feeding HALBERDIER’s well-oiled, high octane machine – and fanatical disciplined momentum is clearly a part of THE H playbook.
HALBERDIER is actively courting private investors and institutional debt and equity as the sun shines over North Harris and Montgomery Counties. Trey Halberdier tells us they will announce some more exciting opportunities in the area in next few months. Stay tuned to HALBERDIER’s run on the real estate market- they move fast!
Inquire to Trey Halberdier (281-362-2829 or info@theHrealestate.com) for more exceptional real estate opportunities.