Ashford 5, 6 & 7
Houston, TX, US, Americas
52,916 m²
JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in Timberway One (“the Property”), a 93,578 SF Class B office property located in the heart of the Energy Corridor submarket of West Houston, one of the hottest leasing markets in the United States. The property’s location is highly accessible to all areas of Houston with immediate access to Interstate 10 and Highway 6.
The Property sits in a highly amenitized micro-market, surrounded by leading residential neighborhoods including Memorial Villages and Eldridge Oaks, as well as countless retail and dining options. Currently 92% occupied with 4.9 years of remaining lease term, Timberway One offers the opportunity to acquire a stabilized asset with additional upside via lease up at a fraction of replacement cost.
The asset is well-positioned to benefit from the Energy Corridor’s exceptional leasing velocity and capture tenants in the market looking to locate West.