The Offices at Pin Oak North

JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Pin Oak North (the “Property”), a three-building, 352,664 square-foot medical office asset located in Houston’s Bellaire submarket. As one of Bellaire’s most iconic assets, this well-known MOB portfolio is currently 56.1% leased with 3.4 years of weighted average lease term remaining. With immediate highway frontage along the 610 Loop, the Property offers exceptional visibility and convenient access for employees and medical patients throughout the Houston MSA. Pin Oak North serves as the closest medical hub to the Texas Medical Center—the world’s largest medical center— attracting outpatient clinics seeking to provide patients convenient access when traveling to and from the medical center. The leased portion of the Property is currently 55% medical tenancy, establishing it as a value-add medical office opportunity. Given the concentration of medical office buildings surrounding the Property, including tenants such as UT Physicians and Harris Health, Pin Oak North offers investors the opportunity to purchase an asset well-below replacement cost with significant upside potential to capitalize on higher medical rental rates.