Houston IOS/Manufacturing Single Tenant Portfolio

JLL Capital Markets, as exclusive advisor, is pleased to offer for sale the Houston IOS / Manufacturing Single-Tenant Portfolio (the “Portfolio”). Located in the Southeast, Northeast, North, and Northwest submarkets of Houston, TX, the assets are situated along major industrial thoroughfares and offer direct access to distribution routes and the workforce. The Portfolio features 9 buildings totaling 167,291 square feet of manufacturing and industrial outdoor storage space with diverse loading configurations. The buildings are situated on a total of 18.3 acres and have a total coverage ratio of 21% leading to sticky tenancy with the combination of highly functional buildings and outdoor storage. With an impressive weighted average tenure of 12+ years, the portfolio is currently 100% leased with 3.1 years of weighted average lease term remaining and a 38%+ mark-to-market opportunity. The Portfolio allows investors to break into the booming Houston manufacturing and industrial outdoor storage market.

These assets are located along critical thoroughfares including Highway 290, Interstate 45, Beltway 8, and Hwy 225. These locations provide immediate connectivity to industrial corridors and highly populated residential centers with access to deep labor forces.

Currently 100% leased with 3.1 years of weighted average lease term remaining, potential investors have the unique opportunity to capitalize on strong in-place cash flow coupled with upside through marking rents to market. The offering provides investors with an attractive risk-adjusted return profile in a dynamic manufacturing market that is less than 2% in overall vacancy .