{"id":1004574188,"date":"2022-04-01T02:23:18","date_gmt":"2022-04-01T10:23:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004574188"},"modified":"2022-12-09T01:48:38","modified_gmt":"2022-12-09T09:48:38","slug":"hewlett-packard-sells-2-msf-houston-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/","title":{"rendered":"Hewlett Packard Enterprise Sells Houston Campus"},"content":{"rendered":"

An affiliate of Mexcor<\/strong>, a growing national beverage and spirits company, has acquired the former Hewlett Packard Enterprise<\/strong> campus in northwest Houston that spans 2 million square feet and includes five office buildings and two manufacturing\/distribution buildings. The sale price was not disclosed.<\/p>\n

JLL Capital Markets<\/strong> represented the seller, HPE, which recently relocated to a new campus at CityPlace, a 60-acre mixed-use project in Springwoods Village, a master-planned community in the Houston suburb of Spring, Texas.<\/p>\n

A joint venture between Patrinely Group<\/strong>, USAA Real Estate<\/strong> and CDC Houston<\/strong> broke ground on the HPE properties in February 2020<\/a>. The 11.7-acre site has two interconnected buildings with about 440,000 square feet of space and a parking structure with more than 2,000 spaces.<\/p>\n

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READ ALSO<\/strong>: Q&A: TBG Partners\u2019 Mark Meyer on Dallas\u2019 Evolving Office Design<\/a><\/p>\n

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Located at 11445 Compaq Center West Drive, the former HPE campus is situated on 66 acres at the intersection of State Highway 249 and Louetta Road. Completed between 1984 and 1988, the campus also has four buildings that house maintenance and\/or amenity space.<\/p>\n

\"11445<\/a>

11445 Compaq Center West Drive. Image courtesy of JLL<\/p><\/div>\n

There are about 1.3 million square feet of industrial space and 727,400 square feet of office space, according to CommercialEdge data. Features include climate-controlled skywalks, a full-service cafeteria, a fitness center, numerous employee lounges and conference rooms, coffee\/snack bars and an outdoor pavilion with a kitchen area for events. The property has five parking garages, which along with surface lots provide about 5,300 spaces.<\/p>\n

Mexcor plans<\/strong><\/h2>\n

Mexcor will immediately occupy a portion of the space. In May 2021, Mexcor moved its corporate headquarters to an adjacent 28-acre property at 11177 Compaq Center West Drive. Established in 1989, the company imports and distributes more than 4,900 brands of spirits and wine from over 80 countries to 46 U.S. states. The 250,000-square-foot facility at 11177 Compaq Center West Drive contains a warehouse for the company\u2019s direct imported products as well as a temperature-controlled warehouse for its liquor, wine and beer inventory.<\/p>\n

Eduardo Morales, Mexcor CEO, said in a prepared statement the combined 94-acre campus will position Mexcor for continued growth for its distribution and logistics operations and allow it to diversify into various technology-driven ventures. He said the purchase of the former HPE campus and the earlier acquisition represents the company\u2019s long-term optimism and commitment to the community.<\/p>\n

David Munson with Boyd Commercial<\/strong> represented Mexcor.<\/p>\n

The JLL Capital Markets team representing HPE was led by Kevin McConn, Rick Goings, Ronnie Deyo, Beau Bellow and Ethan Goldberg.<\/p>\n","protected":false},"excerpt":{"rendered":"

This transaction follows the company\u2019s move to its new suburban headquarters.<\/p>\n","protected":false},"author":1068,"featured_media":1004574205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21748,21783,21742,21747],"tags":[33949,42779,44006,33948,44930],"class_list":["post-1004574188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-industrial","category-investment","category-latest","category-office","tag-cdc-houston","tag-hewlett-packard","tag-jll-capital-markets","tag-patrinely-group","tag-usaa-real-estate"],"acf":[],"yoast_head":"\nHewlett Packard Enterprise Sells Houston Campus - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"An affiliate of Mexcor has acquired the former Hewlett Packard Enterprise office and industrial campus in Houston.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hewlett Packard Enterprise Sells Houston Campus\" \/>\n<meta property=\"og:description\" content=\"An affiliate of Mexcor has acquired the former Hewlett Packard Enterprise office and industrial campus in Houston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-01T10:23:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:48:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/11445-Compaq-Center-West-Drive-featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"806\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/\",\"name\":\"Hewlett Packard Enterprise Sells Houston Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/11445-Compaq-Center-West-Drive-featured.jpg\",\"datePublished\":\"2022-04-01T10:23:18+00:00\",\"dateModified\":\"2022-12-09T09:48:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"description\":\"An affiliate of Mexcor has acquired the former Hewlett Packard Enterprise office and industrial campus in Houston.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hewlett-packard-sells-2-msf-houston-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/11445-Compaq-Center-West-Drive-featured.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/04\/11445-Compaq-Center-West-Drive-featured.jpg\",\"width\":806,\"height\":600,\"caption\":\"11445 Compaq Center West Drive. 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