After more than 50 years of operating as an airport for smaller aircraft, Weiser Airpark in Cypress will soon become a massive industrial park following one of the largest land transactions of the year.

Dallas-based developer Trammell Crow Co., in a partnership with New York-based Clarion Partners, closed on the Weiser property at 21904 Northwest Freeway earlier this month. Terms of the deal were not disclosed. Trammell Crow and Clarion Partners purchased the 102.3-acre airpark from members of the Weiser family, who were represented by Wendy Cline of Wendy Cline Properties.

Separately, Trammell Crow and Clarion Partners purchased adjacent property at 10815 Huffmeister Road from Huffmeister Interests, bringing the total acquisition to 130 acres.  Terms of that deal also were not disclosed.

Reed Vestal, Taylor Schmidt and John Erck of Lee & Associates represented Trammell Crow and Clarion Partners on both deals. The two properties are located between U.S. Highway 290 and Huffmeister Road in Cypress. Data from the Harris County Appraisal District is incomplete for some parcels included in the two deals, so a total valuation of the property cannot be determined.

Vestal said the deal for Weiser Airpark came together over a period of several years. His firm had been in touch with the Weiser family for some time.  But it was only in early 2018 that the family decided… read more here.