Atrium Crest_Property for Sale
Atrium Crest_Property for Sale
18333 Egret Bay Blvd, Houston, TX, 77058-3860, US

Atrium Crest

Asset description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present for sale a 100% fee simple interest in Atrium Crest (“the Property”), a 107,529 square-foot office building in a highly accessible location within the premier municipality of Clear Lake, TX. Atrium Crest presents an investor the opportunity to purchase a high-quality office building at an outstanding basis well below replacement cost in the diverse economic base of Southeast Houston, coveted for its strong presence in aerospace, medical, technology, logistics, tourism, and booming petrochemical industry. At the Property’s current occupancy, Atrium Crest offers a significant value-add opportunity through the lease-up of vacant space while acquiring the asset at an extremely competitive basis that allows new ownership to lease vacant space at highly attractive deal terms.

...

Attributes

Building area net
9,990 sm
Occupancy
79%
Year built
1984
Year renovated
2004
Floors
6 floors
Investment strategy
Value Add
Land area net
1.71 ha
Parking spaces
360

Media

Investment highlights

  • Exceptional Value-Add Opportunity in High Barrier-to-Entry Submarket
  • Highly Educated and Differentiated Workforce
  • Prime Speculative Suite Opportunity
  • Attractive Risk-Adjusted Basis at a Fraction of Replacement Cost
  • Prime Location in the Texas Aerospace Corridor
Atrium Crest 4_Property for Sale
Atrium Crest 4_Property for Sale

Contact brokers

Atrium Crest (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jun 20, 2024