Office

Westgate III

17325 Katy Fwy, Houston, TX, 77094-1303, US

Executive Summarydownload
Westgate III_Property for Sale

Gallery

Westgate III 2_Property for Sale

Asset description

JLL Capital Markets, on behalf of Ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in Westgate III (“the Property”), a 226,287 square foot office building located in the heart of the Energy Corridor submarket of West Houston. Westgate III is located within the Park Ten office park, a 550-acre master-planned, mixed-use development that comprises a major portion of the Energy Corridor. The Property is currently 100% leased on a triple net basis to Wood Group USA, Inc. (the “Tenant” or "Wood Group”) as its

global headquarters, and guaranteed by John Wood Group, PLC (the “Parent” or “WG”), one of the largest international

engineering firms serving companies throughout the energy industry worldwide.

Attributes

Building area Net
225,882 sf
Occupancy
100.00%
Year built
2014

Investment highlights

  • Net Leased to Wood Group with Strong, Stable Cash Flow
  • Committed Tenancy
  • Desirable Corporate Asset in Business Park Location
  • Excellent Visibility and Accessibility
Westgate III 4_Property for Sale
Westgate III 4_Property for Sale

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Last updated
Nov 30, 2022