Remington Square _Property for Sale
Remington Square _Property for Sale
Houston, TX, US, Americas

Remington Square

Portfolio description

JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in Remington Square (“the Property”), a three-building office portfolio comprised of 392,357 square feet, situated on approximately 16.78 acres. Remington Square has excellent regional accessibility, located between U.S. Highway 290 and State Highway 249 along the Sam Houston Parkway, providing employees with attractive commutes to Houston’s fastest growing residential areas and most prolific suburban communities.


Buildings 1 and 2 were built in 2008, comprise 191,795 sf, and are 52.8% leased with a WALT of 4.7 Years. Building 3 was built in 2015, is 200,551 sf, and is 100% leased. Together, the Portfolio of office and retail space is 77.2% leased with a WALT of 4.9 years. Offered at a significant discount to replacement cost and with accretive seller financing, the Portfolio provides consistent double-digit in-place yield with a tremendous NOI growth opportunity.


OFFERED WITH FAVORABLE SELLER FINANCING

Potential investors have the opportunity to acquire these assets via competitive seller financing terms, subject to customary review of buyer(s) financial profile and credit worthiness.

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Attributes

Building area gross
715,596 sf
Remington Square (3 Properties)
Remington Square (3 Properties)

Media

Investment highlights

  • Class-A Construction and Amenities
  • Significant Development Potential
  • Name Brand Tenancy and Investment Grade Credit
  • Stable Cash Flow Plus Embedded Upside
  • Differentiated Product with Unmatched Amenity Base
  • "Flight to Quality" Trend Continues
  • Beltway Frontage and Visibility with Excellend Ingress/Egress
Remington Square  4_Property for Sale
Remington Square  4_Property for Sale

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Last updated
Jun 6, 2024