The 219,000 SF Class A multi-tenant warehouse was 87 percent leased at acquisition in Q3 of 2019. Located in Houston, in close proximity to the Houston Medical Center, and provides excellent accessibility to I-610, Houston’s inner-loop. Our business plan calls for immediate roof replacement, vacancy lease-up and increasing rents to market rates as leases expire.

Location
Fannin I
Houston, TX
Industrial | Unrealized
Asset Summary
- Acquisition Date:
- Q3 2019
- Size:
- 219,000 SQ FT
- Property Type:
- Industrial
- Deal Profile:
- Fund III, Acquisition
- Investment Profile:
- Value-Add
- Deal Source:
- Off Market