Beltway 8 Shallow Bay Portfolio_Propriété à vendre
Beltway 8 Shallow Bay Portfolio_Propriété à vendre

Beltway 8 Shallow Bay Portfolio

Houston, TX, US, Americas

Description du portefeuille

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Beltway 8 Shallow Bay Portfolio (the “Property” or “Portfolio”), a Class-B light industrial park located in the North and Northwest submarkets of Houston, TX. The Portfolio is comprised of six buildings totaling 203,124 square feet of light industrial and warehouse space offering both single and multi-tenant flexibility. The irreplaceable infill locations with convenient access to Beltway 8 and Highway 290 is the “Main-and-Main” destination for Houston light industrial tenants serving the dense population in North & Northwest Houston, exemplified by the quality of tenancy and ownership surrounding the Property.


Beltway 8 Shallow Bay Portfolio is home to a diverse range of suite configurations featuring six rear-load buildings and suite sizes ranging from 1,950 square feet to 41,310 square feet. 96% of the portfolio’s suites are sub 20,000 square feet, catering to a growing tenancy base insulated from Houston’s development pipeline. Currently 79% leased with 2.2 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.


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Attributs

Superficie du bâtiment brute
18 871 mètres carrés
Classe du bâtiment
B
Occupation
79 %
Année de construction
1995
VALSE
2.2 années
Beltway 8 Shallow Bay Portfolio (2 Propriétés)
Beltway 8 Shallow Bay Portfolio (2 Propriétés)

Média

Points forts de l'investissement

  • Irreplaceable, Infill Locations With Immediate Access To Employment & Population Centers
  • Institutionally Preferred Submarket Surrounded By Best-In-Class Ownership
  • Versatile Light Industrial Product
  • Vintage Shallow Bay Product Outperforming Class A Industrial
  • Institutionally Maintained Product With Significant Value-Add Opportunity Via Lease-Up
  • Land Constrained Infill Location Insulated From Future Supply
Beltway 8 Shallow Bay Portfolio 4_Propriété à vendre
Beltway 8 Shallow Bay Portfolio 4_Propriété à vendre

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Dernière mise à jour
13 déc. 2024