Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2014
Building Area Net
Rentable Area
Occupancy 100.0 %

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.

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
Last Updated Date: 07 Nov 2022

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Last Updated Date: 07 Nov 2022

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