Westmount Realty Capital Purchases 18-Building Portfolio

TEXAS REAL ESTATE BUSINESS
April 2005 Edition

Dallas-based Westmount Realty Capital has acquired North Belt Industrial, an 18-building office/showroom/warehouse portfolio located 3 miles west of Bush International Airport in north Houston. The 471,145-square-foot portfolio is comprised of several adjacent properties: Greenbriar Square Plaza (71,101 square feet); Greenbriar I Plaza (96,937 square feet); Greenbriar II Plaza (77,474 square feet); Greenbriar 8 Plaza (85,692 square feet); and Hedgecroft Square (142,941 square feet). Tenants include Continental Airlines, Securitas Security Systems, Majewski Transportation, Goodman Manufacturing, Multi-Seal Corp. and Constant Power Manufacturing. Westmount partnered with Houston-based InSite Commercial Real Estate in the acquisition.

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