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
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