Transwestern sells Amazon distribution facility in West Ten Business Park to Stonelake Capital Partners

A 238,000-square-foot “last mile” distribution center in Katy that is fully leased by Amazon has traded hands.

Houston-based Transwestern Development Co. announced July 13 that it sold the final phase of West Ten Business Park to Austin-based Stonelake Capital Partners.

The transaction between Transwestern and Stonelake Capital Partners included the facility leased by Amazon.com Inc. (Nasdaq: AMZN) at 28420 West Ten Blvd.

While the terms of the sale were not disclosed, Waller County Appraisal…