498 7th Avenue
498 7th Avenue, New York, NY, 10018, US
958,870 sf
Description
JLL Capital Markets, as exclusive advisor to Shell USA, Inc. (“Shell”), is pleased to present the offering of the Shell Woodcreek Campus (the Property), located at 150 N Dairy Ashford, a 6-building, corporately owned Class-A+ office campus in the heart of the Energy Corridor. Qualified investors have the opportunity to acquire 1,484,062 rentable square
feet on 43.6 acres of land with a structured leaseback to Shell USA, Inc. (S&P A+). The offering presents a rare opportunity to purchase a best-in-class corporately owned and maintained headquarter campus in the heart of Houston’s most active leasing market at a very attractive basis. Shell’s long-term leaseback will be at a fraction of market rent to reduce their occupancy costs, and the short-term leaseback component provides ample runway for an investor to avoid punitive carrying costs during the execution of their business plan.
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Attributes
Total NRA
1,484,062 sf
Land Size
43.6 acres
Buildings
6
Total Parking
4,305 SPACES (2.90/1,000)
Media
Investment highlights
- High Investment Grade Anchor
- Class A+ Office Campus at Very Attractive Basis
- Highly Amenitized Asset with Mixed-Use Opportunity
- Positioned to Capitalized on Houston's Booming Energy Corridor
- Forward Thinking Environmental Design
Contact brokers
Shell USA HQ Campus (0 Properties)
