Pearl Woodlake

Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the unique opportunity to purchase a feesimple interest in Pearl Woodlake (The “Property” or The “Asset”), a 376-unit, 4-building wrap apartment complex in urban West Houston. Pearl Woodlake is located proximate to some of Houston’s most desirable neighborhoods and largest employment centers, including the Energy Corridor less than 10 minutes away. The Energy Corridor was the #1 office leasing submarket in the nation for 2023, attracting a large tenant base of employees to the surrounding areas. Pearl Woodlake benefits from being in an insulated future supply submarket, as no new properties are planned or under construction in the Woodlake/Westheimer submarket. This scarcity of supply ensures limited competition and presents investors with a promising outlook for rent growth, especially with the property’s strong recent performance and the notable increase in nearby home prices. By acquiring Pearl Woodlake, investors will gain a 376-unit urban core asset in an ideal location, all at a significant discount to replacement cost.