JLL is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Great 290 Distribution Center(“the Property”), a 500,840 square foot new construction class-A cross-dock facility in the Northwest submarket in Houston, TX. Built by Pagewood in 2023, the Property is currently 100% leased to Daikin Comfort Technologies, with 3.6 years of lease term remaining. The Property is strategically located along US Hwy 290 with excellent access to multiple major Texas population hubs and the Houston MSA. Daikin’s commitment to the building is evident via tenant investment is in the space. Additionally, Daikin’s long term belief in the submarket is demonstrated by their 3.9 million square foot distribution headquarters located just 4.8 miles away from the Property. The asset offers investors the opportunity to acquire a best-in-class building in Houston’s coveted Northwest submarket at a basis well below replacement cost.
- Institutional Quality Construction With A Committed Single Tenant
- Strategic Waller County Location Among Expansive Residential Development
- Substantial Population Growth - Historical And Future Growth In Waller County
- Proximity To Major Texas Population Centers