2925 Briarpark

2925 Briarpark Drive, Houston, TX, 77042, US

Asset Description

JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in 2925 Briarpark ("the Property"), a 59% leased 229,061 square foot Class A office property located in Houston's Westchase submarket. The Property has been institutionally owned and maintained with limited non-leasing capital needed. 2925 Briarpark is well positioned to cater towards West Houston's flight to quality trend and capitalize on leasing momentum experience over the last 12-24 months.

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Attributes

Building area net

21,280 m²

Occupancy

59.2%

Year built

1983

Number of floors

Investment strategy

Value Add

Parcel

3.07 Acres

WALT

5.1 years

Media

Investment Highlights

Strategic Vacancy Primed for Lease-Up
Offered at a Competitive Basis and at a Significant Discount to Replacement Cost
Institutionally Owned and Maintained with Significant Capital Improvements
Exceptional Accessibility to Major Thoroughfares
Well-positioned to Capitalize on West Houston’s Flight to Quality
Ability to Build on Existing Leasing Momentum at an Exceptional Basis