$77.5 Million Non-Performing Office Loan
US - Washington, DC
71.072.000 € | 28.508 m²
JLL, as exclusive advisor to the owner, is pleased to offer for sale Sugar Creek Place I, a 151,772 square foot, Class A office building located in Sugar Land, one of Houston’s most sought-after and best performing suburbs. The six-story property is 42.2% leased with 1.8 years of weighted average remaining lease term and offers a 3.9 per 1,000 square foot parking ratio in a four-story, pre-cast concrete structured parking garage. At its current occupancy, Sugar Creek Place I offers the most attractive value-add investment opportunity in suburban Houston. Its premier location along Highway 59 combined with the Property’s efficient floor plates creates the ideal suburban Class-A office environment and the greatest potential for a user opportunity in Sugar Land.