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Informations principales sur l'investissement
- DURABLE IN PLACE CASH FLOW WITH SIGNIFICANT UPSIDE POTENTIAL
- TENANTS SEEKING NEWLY RENOVATED AND WELL-LOCATED ASSETS
- HIGHLY ACCESSIBLE INFILL LOCATION
- MEANINGFUL VALUE CREATION VIA MARK-TO-MARKET
- SIGNIFICANT CAPITAL IMPROVEMENTS BY OWNERSHIP
- TOP-TIER ONSITE AMENITIES
Résumé analytique
JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Park Towers (the “Property”), two modernized, Class A office towers within the Galleria/Uptown submarket of Houston, Texas. The 18-story, office buildings consist of 552,250 rentable square feet and is currently 89.5% leased to a diverse collection of tenants with 6.3 years of weighted average lease term remaining. Park Towers is located in the heart of the Galleria submarket, situated along the West Loop at the intersetion of Post Oak Blvd. With direct freeway frontage and Post Oak access, the Property presents superior access to Houston’s employee base due to the Property’s proximity to major thoroughfares, surrounded by high-density luxury multifamily, and an affluent residential base in Tanglewood and River Oaks. The Opportunity provides stable in-place cashflow with the ability to increase income via a tangible mark-to-market opportunity. Park Towers represents a unique opportunity to acquire a premier Class-A stabilized asset in Houston’s preferred infill submarket at an extremely attractive basis with a clear path to value enhancement.
Informations sur l’immeuble
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Surface totale de l’immeuble | 46 468 m² |
| Nb de biens | 2 | Surface totale du terrain | 1,92 ha |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 46 468 m² |
| Surface totale du terrain | 1,92 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Park Towers South
1333 West Loop S, Houston, TX 77027 |
Bureau | 25 327 m² | 1971 | - |
|
Park Towers North
1233 West Loop S, Houston, TX 77027 |
Bureau | 21 141 m² | 1972 | - |
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Présenté par
Park Towers
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