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|Building Area Net||
|Call for Offers||2022-06-22|
JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire Market Street (the “Property”), two Class A, front-load industrial buildings totaling 395,725 square feet located at the Southeast corner of Beltway 8 and Interstate 10 in Houston, TX. The buildings were completed in 2020 and are currently 100% leased to Lone Star Integrated Distribution and Gulf Stream Marine with 6.2 years of weighted average lease term remaining. The larger of the two buildings, which is leased to Lone Star Integrated Distribution, is PTRA rail-served with two existing rail lines with the potential to add two additional lines. The Property offers investors the opportunity to acquire two brand new, state-of-the-art buildings located in one of Houston’s institutionally preferred submarkets.
· Premier Port Of Houston Location
· Accessibility In All Directions Via I-10 and Beltway 8
· Coveted Rail-Served Property With Limited Submarket Availability
· Newly-Constructed, Class A, Irreplaceable, Institutional Quality Industrial Product
· Value-Add Opportunity Via Marking Rents To Market
· Record Breaking Leasing Velocity And Fundamentals
· Houston: Nation-Leading Growth