HOUSTON — A partnership led by Houston-based Wile Interests has acquired two land parcels totaling more than 16 acres at the intersection of Katy Freeway and Greenhouse Road in the Energy Corridor submarket of Houston. The parcels comprise a more than 13-acre tract located at the southeast corner of the intersection and a 3-acre tract located at the southwest corner. Combined, the parcels feature more than 1,600 feet of frontage along Katy Freeway. They sit across the freeway from two new hospitals under construction, which are scheduled to open in 2010. To the immediate west of the property is the 93-acre west campus of Second Baptist church, and to the immediate south is the approximately 1,600-home Green Trails subdivision. Stan Creech of Stan Creech Properties represented the buyer. The seller, Barker Venture, was represented by Mavis Kelsey of Kelsey Commercial Real Estate Services. Future plans for the property were not released.
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