Industrial & Logistics

Amazon Clay 99 Sort Center

22525 Clay RD Katy, Texas United States 77499
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate 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

Building Area

Property Description

Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present the opportunity to purchase the fee simple interest in Amazon Clay 99 Sort Center, a 805,601 square foot sort center that is 100% leased to Amazon in Houston, Texas with 10.0 years of lease term remaining.

Currently being developed by Duke Realty, the best-in-class asset is expected to deliver in September 2020 with Amazon taking occupancy in October 2020. The facility is a build-to-suit project for Amazon that includes tenant funded improvements in excess of $16.5 million.

Investment Highlights

·      New class A construction

·      Houston's most dynamic submarket

·      Amazon investment grade tenancy (S&P AA-)

·      Mission-critical Amazon location for a sortation center

·      Significant tenant investment

·      10 years remaining lease term

Last Updated Date: 03 Sep 2020
Trent Agnew
Trent Agnew
Managing Director, Capital Markets
License details
TX-574897
Rusty Tamlyn
Rusty Tamlyn
Senior Managing Director, Industrial Group Leader
License details
TX-0225187

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Last Updated Date: 03 Sep 2020

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