Haven atLouetta is near the Exxon-Mobile campus on 7.1 acres at 20330Whitewood Dr.
SPRING, TX—Developed in 2018, Haven at Louetta has 150 unitswith an additional 30 units to be developed during the next 36months. Houston-based Newport Real Estate Partners LLC recentlyacquired the multifamily asset in northwest Houston for anundisclosed price. The seller was an entity of GuefenDevelopment.
"We acquired this class-A asset off-market and are planning toadd value by leasing up the remaining vacancy, as well asdeveloping the final shovel-ready 25,500-square-foot residentialbuilding which includes 30 additional units," said Matt Wilson,co-founder and principal with Newport Real Estate Partners, whichwas founded last year.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
