Office

Esperson

808 Travis & 815 Walker Avenue Houston, Texas United States 77002
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Confidentiality Agreement CA (Broker) Teaser
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1927
Building Area
Occupancy 66.0 %

Property Description

The property currently 52% leased consists of 599,107 square feet on 1.447 acres. The current ownership has invested over $14.5 million of non-leasing capital which has generated significant leasing momentum. At 52.3% leased and in-place rents well below market, Esperson offers investors a compelling value add opportunity at a price that represents a fraction of replacement cost.

Investment Highlights

  • Esperson consists of two interconnected office buildings comprising the Italian Renaissance influenced Niels Esperson
  • Building built in 1927 and the art deco style Mellie Esperson Building built in 1941 that contain almost 600,000 sq. ft. Including
  • the attached garage, they occupy a full city block in the geographic center of downtown and stand as the most iconic and
  • significant historical buildings in Houston’s Central Business District.
Last Updated Date: 03 Apr 2020
Dan Miller
Senior Managing Director
+34910602617
Martin Hogan
Martin T. Hogan
Managing Director, Capital Markets
License details
TX-0538781
+34910602617
Interested in this property?
Please fill out the form below.

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.
Last Updated Date: 03 Apr 2020

Do you have any questions?  Visit our FAQ page

View FAQ Page

Similar Properties

View more
View listing
Office
5718 Westheimer US - Houston, TX
View listing
Office
8101 West Sam Houston Parkway US - Houston, TX
View listing
Office
The Cannon US - Houston, TX
View listing
Office
Heron Lakes Office Park US - Houston, TX
View listing
Office
Ten West One US - Houston, TX
View listing
Office
1213 North IH-35 & 811 E 13th Street US - Austin, TX
View listing
Office
1005 St. Elmo US - Austin, TX
View listing
Office
Domain Gateway US - Austin, TX
View listing
Office
Park Oaks Centre US - San Antonio, TX
View listing
Office
2626 Cole US - Dallas, TX
View listing
Office
Bluffview Towers 2021 US - Dallas, TX
View listing
Office
Centreport Office Center US - Fort Worth, TX
View listing
Office
Fuller Ridge I & II US - Irving, TX
View listing
Office
Royal Ridge Office Portfolio US - Irving, TX
View listing
Office
Vistra Energy HQ (2020) US - Irving, TX
View listing
Office
Amber Trail Corporate Park US - Dallas, TX
View listing
Office
SRS Distribution HQ US - McKinney, TX
View listing
Office
West Memorial Place I and West Memorial Place II US - Houston, TX
View listing
Office
$9,725,000 Commercial Mortgage Loan Sale US - Various, TX
View listing
Office
2000 E MLK US - Austin, TX
View listing
Office
DCB - M1 - 2020 FR - Lyon
View listing
Office
50 Ann Street, Brisbane AU - Brisbane
View listing
Office
ADCB - Al Maryah Tower, Abu Dhabi, UAE AZ - Abu Dhabi
View listing
Office
Royal Hibernian Way, Dawson Street , Dublin 2 IE - Dublin
View listing
Office
25 Constitution Avenue, Canberra City AU - Canberra City
View listing
Office
570 Wellington St, Perth - HBF House - Sale AU - Perth
View listing
Office
241 O'Riordan Street, Mascot 2021 AU - Mascot

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.

Learn more