Portfolio

Megacenter Houston Portfolio

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Attributes

Building Area Net
Occupancy 98.0 %
Call for Offers

Portfolio description

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire the West/ Northwest Houston Light Industrial Portfolio (the “Portfolio”), a 216,834 square foot portfolio consisting of three stabilized industrial assets located in infill locations within Houston’s West and Northwest submarkets. The Portfolio is currently 98.17% leased with 2.79 years of weighted average lease term, offering investors the opportunity to acquire a stabilized, cash-flowing portfolio with significant mark to market rent upside potential, as average expiring rents are 22.6% below market.

Investment Highlights

·    Large Scale Opportunity

·    Infill Locations With Excellent Accessibility

·    Assorted Tenancy

·    Versatile Industrial Product Catering To Different Tenant Sizes

·    Vintage Shallow Bay Product Outperforming Class A Industrial

·    Nation Leading Industrial Market

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Megacenter Houston Portfolio (3 Properties)
Megacenter Katy
Katy, TX, United States
Megacenter Westway
Houston, TX, United States
Megacenter Pineway
Houston, TX, United States
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Last Updated Date: 09 May 2022

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