$77.5 Million Non-Performing Office Loan
US - Washington, DC
€71,477,000 | 28,508 m²
JLL Capital Markets, as exclusive advisor to the owner, is pleased to present for sale TC Energy Center and the Alley Theatre Center garage (“the Property”), a 1,291,862 SF Class A office tower recognized as an architectural icon across the globe.
INVESTMENT HIGHLIGHTS BUILDING REVITALIZATION - Over $22M has been invested in an extensive, multiphase
renovation program to completely transform and revitalize the building’s former banking hall, and Western Union Building.
INDUSTRY LEADING SUSTAINABILITY - TC Energy Center implements green building practices in a uniquely classic building. The building is LEED Gold certified, WELL Health Safety rated, and has high efficiency building systems in place.
DIVERSIFIED RENT ROLL - Tenants in TC Energy Center represent a favorable mix of industries with limited exposure to the energy industry at 38.8%. Outside of energy, the Property is not heavily made
up of any single industry, with the biggest representation from law firms and financial companies.
PRIME NORTH DOWNTOWN LOCATION - TC Energy Center is optimally located in the heart of downtown Houston’s lively Theatre District. The building benefits from vibrant streetscapes and walkable amenities including restaurants, food halls, hotels, and
VERSATILE FLOOR PLATES - The tower boasts highly efficient rectangular floor plates and also offers more creative and unique spaces. TC Energy Center offers a wide array of office spaces able
to suit a diverse range of tenant needs.