HOUSTON’S MEDITERRA AT WESTCHASE TRADES
HOUSTON – Mediterra at Westchase, a 312-unit, 250,014-square-foot multifamily property located at 3131 Hayes Rd., between Westheimer Road and Richmond Avenue, in Houston has changed hands. Miami-based Alterra Capital Group sold the property to Houston-based Mosaic Residential for an undisclosed amount. Matthew Kesterson of Marcus & Millichap’s Vero Beach, Fla., office and Jeffrey Fript of the firm’s Houston office represented the seller. Marcus & Millichap also represented the buyer. Mediterra at Westchase is comprised of 21 two-story buildings built in 1980 on approximately 10.5 acres. It features one-, two- and three-bedroom units.