Newly Constructed Office Anchored by GE Acquired by Mexico-Based Fund
Westway Plaza, a 313,420-square-foot, Class AA office building anchored by General Electric, has been purchased by The Aztec Fund, a Mexico-based private equity fund.
Developed by Transwestern Development Co. and delivered in 2015, the five-story building situated on 9.85 acres at 11330 Clay Road in Houston was fully leased at the time of sale.
“Given the recent softness in the broader market, this sale is a testament to the importance of…