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TexasOffice

Morales Capital Group acquires 2.3-million-square-foot former Compaq campus in Houston

March 1, 2024
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Photo courtesy of Morales Capital Group.

In the face of Houston’s challenging commercial real estate market conditions, entrepreneur Eduardo Morales, chief executive officer of Mexcor International and Morales Capital Group, has acquired the 2.3-million-square-foot former HPE/Compaq Computer Campus in Houston.

Morales envisions the newly rebranded Viva Center as, “a transformative tech hub that seamlessly blends Houston’s rich history with futuristic innovations. With a focus on integrating cutting-edge infrastructure and next-gen application platforms, Viva Center aims to lead the charge in shaping Houston’s technological landscape for years to come.”

Brandi Sikes and Liz Westcott, both of SVN | J. Beard Real Estate – Greater Houston, have been appointed to lease the office buildings at Viva Center. Recently, Sikes and Westcott facilitated a 54,247-square-foot lease on behalf of Morales Capital Group. The tenant, SynergenX, was represented by Chris Sacco of Lumicre.

At the forefront of the Viva Center revitalization is Freddy Vaca, a dynamic tech entrepreneur based in Dallas. Morales and Vaca have teamed up to found VivaVerse Solutions, a pioneering venture specializing in cutting-edge, high-density, immersion-cooling data center solutions aimed at catering to the needs of hyperscalers.

Strategically located on SH 249 between Beltway 8 and the Grand Parkway, Viva Center offers 1.3 million square feet of industrial space, one million retail square feet of office and tech lab space, and two million square feet of parking garages.

The campus features a host of amenities designed to support its vibrant community of innovators. These include versatile conference facilities, 6,000-plus garage parking spaces with climate-controlled skywalks, a full-service cafeteria, a fitness center, and an outdoor pavilion. Hike and bike trails connect to the adjacent 80-acre Kickerillo-Mischer Preserve. Morales invites the community to join Viva Center’s transformative journey, encouraging collaboration and the exploration of synergistic ideas to drive innovation forward.

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