JLL Capital Markets closes sale of 3-property Houston office portfolio
United States, April 9 -- JLL Capital Markets announced that it has closed the sale of a three-property office portfolio totalling 570,045 square feet in Houston's Energy Corridor.JLL represented the seller, a court appointed receiver, and procured the buyer, LFFP Ashford Portfolio.The portfolio consists of Ashford 5 at 14701 St. Mary's Ln.; Ashford 6 at 1155 Dairy Ashford Rd. and Ashford 7 at 900 Threadneedle St. The three buildings sit on 12.23 acres immediately adjacent to Interstate 10 and near Beltway 8, providing access to the entire Houston metropolitan area within approximately 25 minutes. The Energy Corridor has been the fastest growing area of Houston and has witnessed tremendous leasing momentum over the last 12 months. In additi...
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