Woodside Buys Northwest Houston Office Campus

Woodside, a Fort Worth-based private equity firm, acquired a four-building office campus in northwest Houston totaling 200,155 square feet. The property, previously known as the Heron Lakes campus, was purchased from Washington, D.C.-based CW Capital and has been renamed Saddlebrook Place.

The acquired buildings are located at 7904, 7906, and 7908 North Sam Houston Parkway West, plus 10740 North Gessner Drive. Woodside began a three-to-six-month renovation program, including campus clean-up, enhanced landscaping, LED lighting, new lobby furniture, renovated restrooms, updated corridors, and speculative suites. The campus has a 64% occupancy rate, with the largest vacancy at 10740 North Gessner Drive (80% vacant).