Stonelake Capital Partners Secures Six-Building Industrial Campus in Houston

Cabot Properties Sells Pine Forest Business Center

Stonelake Capital Partners, a Texas-based privately-held real estate investment company, purchased the Pine Forest Business Center on Yale St. in northwest Houston for an undisclosed price from Cabot Properties.

Part of the master-planned Pine Forest Business Park, Pine Forest Business Center is a 259,705-square-foot business campus comprised of six fully-leased, light industrial buildings. Notable tenants in the business center include DXP Enterprises, Superior Plus, CTC Contractors, Power Supply Components, Highland Distributing, Recovercare and CCLD Technologies.

HFF’s senior managing director Rusty Tamlyn and director Trent Agnew represented the seller in the transaction.