Industrial & Logistics

Ella West Crossing

606 West Rd Houston, Texas United States 77038-2504
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
I accept the confidentiality agreement I accept the confidentiality agreement
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 2020
Building Area Net
Land Area Net ()
Occupancy 100.0 %

Asset Description

Jones Lang LaSalle (“JLL”), on behalf of ownership, is pleased to offer for sale Ella West Crossing (“the Property”), a 221,393 square foot Class A warehouse located in Houston’s premier Pinto Business Park. Developed in 2020 by USAA Real Estate and Seefried Industrial Properties (“the Sponsor”), the Property is 100% leased to three tenants with 5.3 years or weighted average lease term. With excellent ingress/egress on and off Ella Boulevard and West Road, tenants have direct access to two of Houston’s most trafficked thoroughfares: Interstate 45 (1.1 Mile) and Beltway 8 (1.6 Mile). The 971-acre Pinto Business Park is nearing full build-out and continues to outperform the broader Houston market with 98.7% occupancy. With rents well below market, new ownership is able to capitalize on Houston’s robust rent growth and fundamentals while acquiring a state-of-the-art, newly constructed, institutional asset with an irreplaceable location and attractive basis.

Investment Highlights

·   Newly-Constructed, Class A Institutional Product With No Capital Requirements

·   Secure Cash-Flow With Significant Upside Via Marking Rents To Market

·   Strategic Location Providing Regional Connectivity

·   Proximity To Institutional Ownership

·   Distribution Location Within Reach of 25 Million Residents

·   Record Breaking Leasing Velocity And Fundamentals

·   Houston: Nation-Leading Growth

Last Updated Date: 08 Jun 2022

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: 08 Jun 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

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