Office
Under Contract

NRG Towers

2616 & 2626 S Loop W, Houston, TX, 77054, US

Executive Summarydownload
NRG Towers_Property for Sale

Gallery

NRG Towers 2_Property for Sale

Asset description

Jones Lang LaSalle (“JLL”), as exclusive advisor the owner, is pleased to present for sale the 100% fee simple interest in NRG Towers (“the Property”), an 82% leased, two-building, 189,269 square foot office park located near NRG Stadium (home to the Houston Texans) in Houston, Texas. The property offers investors the unique opportunity to purchase two exceptionally located office assets near major entertainment and employment centers that present the ability to create significant value through the lease-up of vacant space, as well as offer excellent in-place yield.

Attributes

Building area Net
189,269 sf

Investment highlights

  • ATTRACTIVE BASIS BELOW REPLACEMENT COSTS
  • SMALLER SUITES IN-LINE WITH CURRENT LEASING TRENDS
  • SIGNIFICANT INVESTMENT BY OWNERSHIP
  • WELL-OCCUPIED BUSINESS PARK ROBUST DEMOGRAPHICS &
  • RESIDENTIAL BASE STRATEGIC LOCATION IN
  • PROXIMITY TO EMPLOYMENT AND ENTERTAINMENT HUBS
  • PRIME FRONTAGE ALONG LOOP 610 WITH SIGNAGE OPPORTUNITIES
NRG Towers 4_Property for Sale
NRG Towers 4_Property for Sale

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Last updated
Mar 4, 2022