Industrial & Logistics

Park 225 - Johnson Controls BTS

4111 Green Shadow Dr Pasadena, Texas United States 77503-1429
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

Enter the "Deal room" for exclusive documents related to this property.

I accept the confidentiality agreement I accept the confidentiality agreement

Attributes

Year Built 2018
Building Area

Property Description

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors

the opportunity to acquire Park 225 (the “Property”), a 100% leased, 29,954

square foot single-tenant asset located in Houston’s Southeast submarket. The

Property was recently completed in 2020 as a build-to-suit and features 40 ton

crane capability as well as direct access to both Beltway 8 and Highway 225.

The tenant, Johnson Controls International, has 10 years of term remaining and

investment grade credit. Park 225 offers investors the opportunity to acquire a

stabilized, cash-flowing property in Houston’s institutionally preferred submarket.

Investment Highlights

PREMIER SOUTHEAST LOCATION NEAR PORT OF HOUSTON


INVESTMENT GRADE TENANCY WITH 10 YEARS OF REMAINING TERM AND 3%

ANNUAL RENT INCREASES


NEW CONSTRUCTION WITH PROVEN SPONSORSHIP


PROXIMITY TO CRITICAL OPERATIONS/LOCATIONS


PETROCHEMICAL HUB OF THE UNITED STATES

Last Updated Date: 31 Jul 2020
Trent Agnew
Trent Agnew
Managing Director, Capital Markets
License details
TX-574897
Charlie Strauss
Charlie Strauss
Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 31 Jul 2020

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.