Northwest Houston manufacturing portfolio trades hands
United States, Feb. 18 -- JLL Capital Markets announced that it has secured the sale and financing of the Northwest Houston Manufacturing Portfolio, a fully leased industrial manufacturing portfolio totaling 127,626 square feet in Houston.JLL represented the seller in the transaction. The buyer was MoxieBridge, for whom JLL arranged the loan through WaFd Bank.The Northwest Houston Manufacturing Portfolio consists of four single-tenant manufacturing buildings built between 2000 and 2005. The crane-served and crane-capable facilities feature overhead cranes and average clear heights of 24.5 feet. The portfolio was 100% leased at the time of sale, with a weighted average lease term of 3.8 years.The properties are located at 7505, 7509 and 7519...
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