Good news for four Houston suburbs was released today. Hewlett-Packard Co. purchased 97 acres just outside of Hockley. The land purchase was 38 miles Northwest of downtown Houston and just 18 miles from the main Houston campus. The land purchase was made in preperation for a new $250 million facility. This expansion could mean reduced commutes for residents of Cypress, Tomball, Magnolia and Hockley.
HP bought the acerage from John Beeson of John Beeson Proerties and Monzer Hourani of Medistar Corporation. HP is the first to buy land in a Northwest 389 acre industrial park that Beeson and Hourani are planning just Northwest of Houston. The property is located near Highway 290 and Betka Road. The development, which still does not have a name, is being established because of an increasing demand for industrial and light industrial space in the area, Hourani says.


November 11th, 2008 at 7:25 pm
Congrats, hopefully HP will be brining some good paying jobs to your area. I am sure it would be welcome.
November 15th, 2008 at 12:51 am
Dell made a big land purchase in North Fort Worth but never did anything with it. I think they have sold it now. We have a big mall going in in the same area now.
November 18th, 2008 at 9:26 pm
Hi Mike,
Thanks for comming by the blog. Sorry to hear that Dell didn’t make use of that land in a way that would add to your job market.
December 6th, 2008 at 3:29 am
Finally! Some good news…I’m glad to hear that HP is still planning on doing business. It seems like most companies have halted everything. Texas seems to be the “best performing” state of the decade so far.
December 8th, 2008 at 6:51 pm
Jayson,
Well I believe Texas will be just fine as long as oil stays above $40 a barrel.
December 10th, 2008 at 3:50 pm
Very good incentive to the area for a lot of new jobs. Houston is a hot market right now.
December 14th, 2008 at 12:36 pm
No problem they have since sold the property to a open air mall and they are starting to move around the dirt a bit.
December 16th, 2008 at 12:34 pm
From one realtor to another. You should be trying to figure out who handles relocations for HP right now and start smoozing him or her! This could be a gold mine for you in the near future.
December 28th, 2008 at 8:10 pm
I agree with Sam. You need to get on buying someone lunch lol
January 12th, 2009 at 4:10 pm
Bwah! Excellent point, Sam and Mike! I hope that good things come from this HP land purchase for the Houston area.
February 2nd, 2009 at 11:46 pm
sounds like a great oppurtunity for an investor to buy
February 13th, 2009 at 7:40 am
Hey Mike,It really seem to be a good idea, but DELL had a similar proposition but never went far though!1
February 19th, 2009 at 10:47 pm
I would tend to agree… seems like a good opp. to buy, wouldn’t you say.
February 20th, 2009 at 10:44 pm
sounds like good news
March 2nd, 2009 at 5:16 pm
I agree with Sam and the others…I would be trying really hard to get some relo business out of this. Good luck with it!!
March 3rd, 2009 at 12:16 am
It sounds as if this purchase by HP will improve the area for locals and might also people in!
May 11th, 2009 at 8:06 pm
Hope it all works and you can get some relo business out of it.
May 19th, 2009 at 1:32 am
Its nice to see HP moving forward with a new facility. It seems the economy is finally turning a corner. Thinks for now seem to be finally looking up.
May 22nd, 2009 at 5:32 pm
Sounds like this is a great opportunity for both yourself and your community as a whole. Great to hear some positive business news.
June 5th, 2009 at 3:47 pm
That’s really good news. Congratulations–Texas likes high tech companies.
June 17th, 2009 at 7:31 am
This is pretty much what we expected.Really this is a good news for us.
June 29th, 2009 at 12:10 am
That’s great! It should bring a whole lot of additional jobs to the area as well. It’s good to hear that something positive is happening in our economy!