JLL Capital Markets closed the sale of DHT-4 Last Mile, a 141,360-square-foot, Class-A industrial facility in the Northwest Houston submarket of Cypress, Texas.
JLL worked on behalf of the seller, Vigavi Realty, LLC. Allegra Holding Group acquired the asset.
Completed in 2022, DHT-4 Last Mile features 32-foot clear heights, LED lighting, ESFR fire suppression and high-quality office finishes. The state-of-the-art distribution center, which is fully leased to a premier e-commerce user, sits on approximately 37 acres, providing ample parking with 233 auto spaces and 940 van spaces.
The property is strategically located at 15302 Cypress North Houston Road, offering immediate access to Highway 290 and Beltway 8. This prime infill location in Northwest Houston allows the tenant to efficiently serve the dense and rapidly growing population centers in the region.
The JLL Capital Markets team was led by Senior Managing Director Trent Agnew, Senior Director Charles Strauss and Director Lance Young.
