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|Last Updated Date||31 Jul 2020|
JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors
the opportunity to acquire Park 225 (the “Property”), a 100% leased, 29,954
square foot single-tenant asset located in Houston’s Southeast submarket. The
Property was recently completed in 2020 as a build-to-suit and features 40 ton
crane capability as well as direct access to both Beltway 8 and Highway 225.
The tenant, Johnson Controls International, has 10 years of term remaining and
investment grade credit. Park 225 offers investors the opportunity to acquire a
stabilized, cash-flowing property in Houston’s institutionally preferred submarket.
PREMIER SOUTHEAST LOCATION NEAR PORT OF HOUSTON
INVESTMENT GRADE TENANCY WITH 10 YEARS OF REMAINING TERM AND 3%
ANNUAL RENT INCREASES
NEW CONSTRUCTION WITH PROVEN SPONSORSHIP
PROXIMITY TO CRITICAL OPERATIONS/LOCATIONS
PETROCHEMICAL HUB OF THE UNITED STATES