
World Houston International Business Center 15, 31A & 31B
3955 World Houston Pkwy, Houston, TX, 77032, US
100,402 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire The Ashford & Corporate Southwest Houston Portfolio (the “Portfolio”). The Portfolio is comprised of two single-tenant buildings totaling 343,936 square feet of manufacturing and warehouse space that’s currently 100% leased to Texas Logistic & Fulfillment Services and Forum Energy Technologies. Situated within the infill Stafford industrial micro-market, the Portfolio enjoys the extremely favorable “Triple Freeport Tax Exemptions” specific to that municipality. 100% leased to two single-tenants with a 7.6 year WALT and a 41%+ mark-to-market opportunity, new ownership has the opportunity to acquire highly functional assets that are priced significantly below replacement cost with upside via the below market rents. Texas Logistics & Fulfillment Stafford TX LLC is a 3PL and Forum Energy Technologies is a global oilfield products company. Ownership will consider offers for the assets together or separately.