JLL Capital Markets announced today that it has completed the sale of Energy Crossing II, a 327,404-square-foot office building in Houston’s Energy Corridor.
JLL represented the seller in the sale of the property to Capital Commercial Investments, Inc.
Completed in 2014, Energy Crossing II is an eight-story property offering some of the highest quality available office space in the Energy Corridor. The property offers flexible floorplates averaging 42,648 square feet that can accommodate a variety of single or multi-user configurations and features amenities, including a fitness center and on-site parking garage. Overall, the building is approximately 30% leased and is positioned to capitalize on the “flight-to-quality” trend occurring across the office market.
Energy Crossing II is situated on a 5.47-acre site at 15011 Katy Freeway in the heart of Houston’s Energy Corridor. The property has visibility and immediate access to Interstate 10, providing connections to Beltway 8 and Westpark Tollway as well as downtown Houston, the Galleria and the George Bush Intercontinental Airport. Additionally, Energy Crossing II is close to some of Houston’s most prestigious residential areas, including The Villages, Briar Forest and River Oaks. West Houston has been recognized as the number one leasing submarket in the nation, fueled by the diverse economy consisting of energy, life sciences, manufacturing, logistics and aerospace companies.
The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Kevin McConn and Senior Director Rick Goings.
