JLL Capital Markets announced today that it has closed on the sale of 11000 Equity Drive, a 63,693-square-foot, Class-A office building in West Houston, Texas.
JLL represented the seller in the transaction. Satterfield & Pontikes Construction, the original developer of the property, purchased the asset with plans to occupy the entire facility.
Completed in 2006 and renovated in 2019, 11000 Equity Drive is a state-of-the-art, three-story building with efficient floorplates and modern design.
The property is situated within the 150-acre Westway Park, which is located just off the Sam Houston Parkway in West Houston. This location provides tenants accessibility to all of Greater Houston’s employment hubs and easy access to some of Houston’s most prestigious residential communities, including the Memorial Villages and Tanglewood. Additionally, 11000 Equity Dr. is close to an abundance of retail, dining and entertainment options as well as a handful of business class hotels.
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Director Rick Goings and Senior Managing Director Jeff Hollinden.
