Bayou City Infill - Houston Industrial Portfolio

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire the Bayou City Infill - Houston Industrial Portfolio (the “Property” or “Portfolio”), a Class B-light industrial portfolio located in the Northwest, Southwest, and Northeast submarkets of Houston, TX. The Portfolio is comprised of five buildings totaling 124,535 square feet of light industrial and warehouse space offering investors the opportunity to acquire a stabilized, cash-flowing portfolio with significant upside as the remaining vacancy is leased and rents are marked-to-market at expiration. The irreplaceable infill locations with immediate access to major highway systems positions the Portfolio to cater towards Houston’s light industrial tenants serving the dense populations in the surrounding areas.

The Bayou City Infill - Houston Industrial Portfolio is home to a diverse range of suite configurations featuring five rear-load buildings and suite sizes ranging from ~1,700 square feet to ~10,500 square feet. No single suite exceeds 11,000 square feet allowing the Portfolio to cater to the robust small tenant base and be further insulated from Houston’s development pipeline given the cost to replace similar assets. Currently 78% leased with 1.9-years of weighted average lease term remaining, potential investors have the unique value-add opportunity to significantly grow NOI through the lease-up of existing vacancies and a continued program of marking rents to market.