描述

JLL capital markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Port 10 Logistics Center - Building 3 (“the Property”), a 450,873 square foot front-load, rail-served industrial asset located in Houston’s Southeast submarket. The Property delivered in Q1 2024 and is 100% leased to Old World Industries and ZXP Technologies with 7.9 years of WALT and 3.44% average annual rental escalations. With an excellent Port of Houston location, the Property is well positioned to capitalize on the robust rent growth the Southeast submarket has experienced as a result of the aggressive TEU growth seen at Houston’s two container terminals, Barbour’s Cut and Bayport.

The location offers tenants easy access to Highway 146 via Spur 330 enabling connectivity to the Houston Ship Channel and both container terminals. Building 3 is optimally located within the Port 10 Logistics Center, offering dual access to I‑10 via the East Freeway ramp to the north and Thompson Road to the west. Built to the highest institutional standards, the opportunity allows investors to acquire a recently constructed Port of Houston asset and capitalize on a significant long-term cash flow via attractive 3.44% average annual rental escalations.

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