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Attributes
Building Area Net |
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Asset Description
Jones Lang LaSalle (“JLL”), as exclusive advisor the owner, is pleased to present for sale the 100% fee simple interest in NRG Towers (“the Property”), an 82% leased, two-building, 189,269 square foot office park located near NRG Stadium (home to the Houston Texans) in Houston, Texas. The property offers investors the unique opportunity to purchase two exceptionally located office assets near major entertainment and employment centers that present the ability to create significant value through the lease-up of vacant space, as well as offer excellent in-place yield.
Investment Highlights
- ATTRACTIVE BASIS BELOW REPLACEMENT COSTS
- SMALLER SUITES IN-LINE WITH CURRENT LEASING TRENDS
- SIGNIFICANT INVESTMENT BY OWNERSHIP
- WELL-OCCUPIED BUSINESS PARK ROBUST DEMOGRAPHICS &
- RESIDENTIAL BASE STRATEGIC LOCATION IN
- PROXIMITY TO EMPLOYMENT AND ENTERTAINMENT HUBS
- PRIME FRONTAGE ALONG LOOP 610 WITH SIGNAGE OPPORTUNITIES
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