Transwestern negotiates sale of 120 acres in Northwest Houston

Transwestern Real Estate Services (TRS) negotiated the sale of a 119.7-acre tract at the southwest corner of FM 2920 and Telge Road in Tomball, Texas. An affiliate of Silvestri Investments purchased the site for an undisclosed price from Martens Land Gershaft, which was represented by Transwestern vice presidents Carlos P. Bujosa and A. David Schwarz III, SIOR. “This property is at a key intersection in the heart of Tomball with quick access to both Highway 249 and Grand Parkway with excellent future development potential for either residential or mixed-use,” said Schwarz. Located in the rapidly growing area of northwest Houston, this is a prime site for residential and commercial development. It is approximately two miles from major Houston thoroughfares, including Grand Parkway, and only 20 minutes from the Exxon Mobil campus.