$77.5 Million Non-Performing Office Loan
US - Washington, DC
€71,072,000 | 28,508 m²
Office
Two Riverway
2 Riverway, Houston, TX, 77056-1939, US
Gallery
Asset Description
Jones Lang LaSalle ("JLL"), as exclusive advisor, is pleased to present for sale a 100% fee simple interest in 2 Riverway ("the Property"), a 369,479 square-foot Class A office building located in an irreplaceable urban infill, walkable location with close proximity to some of Houston's most prestigious residential neighborhoods and commercial districts
Attributes
Building area Net
34,326 m²
Occupancy
60.00%
Year built
1980
Land area net
0.02 km² (21,408 m²)
Investment Highlights
- CORE INFILL LOCATION
- INSTITUTIONALLY PREFERRED SUBMARKET FOR HOUSTON OFFICE INVESTORS
- OFFERED AT A SUPERIOR BASIS, SIGNIFICANT DISCOUNT TO REPLACEMENT COST
- DIVERSIFIED RENT ROLL WITH LIMITED ENERGY EXPOSURE
- RECENT LEASING VELOCITY DUE TO SUCCESSFUL SPEC SUITE PROGRAM
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Last updated
30 Nov 2022