Stockbridge Capital Flips Two-Building Industrial Site Near IAH
Interwood Business Center, a two-building, Class A industrial park totaling 192,000 square feet near George Bush Intercontinental Airport, has been purchased by Black Equities Group from Stockbridge Capital Group for an undisclosed price. Interwood Business Center was 93 percent leased at the time of sale.
“After originally selling this to Stockbridge in 2014 at low 70-percent occupancy, they did a tremendous job of leasing up the vacancy and…