
3° Red Bluff
1015 Red Bluff Road, Pasadena, TX, 77506, US
9,280 m²
JLL Capital Markets is excited to present qualified investors with the chance to acquire the Texas Tri-Pack (the “Portfolio” or “Offering”). This three asset Portfolio, totals 200,343 square feet of infill industrial product, offering investors a unique opportunity to acquire scale in the highly sought-after Dallas / Fort Worth and Houston markets. The Portfolio is comprised of eleven buildings located in South Stemmons and Great Southwest in DFW and the Southwest Corridor of Houston. The Texas Tri-Pack is 98% occupied by 64 diverse tenants offering a robust investment profile. With an average lease term of 2.1 years, the Portfolio boasts steady cash flow and significant growth potential. Featuring an average suite size of 2,990 SF and 16’ average clear heights, the properties provide ideal configurations for a variety of business operations. Projections indicate a ~29% NOI increase over three years through lease up and a strong mark-to-market opportunity of 26%.