Portfolio
Under Contract

Claymoore Northwest Portfolio

3600 Brittmoore Rd, Houston, TX, 77043-1188, US

Executive Summarydownload
Claymoore Northwest Portfolio_Property for Sale

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Claymoore Northwest Portfolio 2_Property for Sale

Portfolio description

Jones Lang LaSalle (“JLL”) and Transwestern on behalf of Ownership, are pleased to offer for sale the Claymoore Northwest Portfolio (“the Portfolio”), a 1,397,900 square foot, 10 building business park located proximate to Beltway 8 and Highway 290 in the Northwest industrial submarket of Houston, TX. The Portfolio is 100% occupied to 21 tenants with 3.7 years of weighted average lease term.


The Portfolio features a diverse range of site plans with front-load and cross-dock configurations and suite sizes ranging from 12,375 square feet to 275,600 square feet. 73% of the Portfolio’s suites are sub 50,000 square feet catering to a growing tenancy base insulated from Houston’s development pipeline. Located on a total of 70.49 acres, the Portfolio consists of 8 buildings directly accessible to Beltway 8 via Clay Road (“Claymoore I, II, & III”) and 2 buildings located with frontage on Highway 290 (“West by Northwest”).


Attributes

Building area Net
57,902 sm
Occupancy
100.00%
Year built
1997
Claymoore Northwest Portfolio (4 Properties)
Claymoore Northwest Portfolio (4 Properties)

Investment highlights

·    Irreplaceable, Infill Location at the Heart of Houston's Population Center

·    Institutionally Preferred Submarket Surrounded by Best-In-Class Ownership

·    Highly Accessible Locations Proximate to Houston's Most Desirable Industrial Thoroughfares

·    Exceptional Ingress & Egress

·    Institutionally Maintained Product with Value-Add Upside via Significant Mark-to-Market

·    Diverse Rent Roll with Committed Tenancy

Claymoore Northwest Portfolio 4_Property for Sale
Claymoore Northwest Portfolio 4_Property for Sale

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Last updated
Nov 30, 2022