Key Facts
| Building Area |
|
| Land Area |
|
Property Description
Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present the opportunity to purchase the fee simple interest in Amazon Clay 99 Sort Center, a 805,601 square foot sort center that is 100% leased to Amazon in Houston, Texas with 10.0 years of lease term remaining.
Currently being developed by Duke Realty, the best-in-class asset is expected to deliver in September 2020 with Amazon taking occupancy in October 2020. The facility is a build-to-suit project for Amazon that includes tenant funded improvements in excess of $16.5 million.
Investment Highlights
· New class A construction
· Houston's most dynamic submarket
· Amazon investment grade tenancy (S&P AA-)
· Mission-critical Amazon location for a sortation center
· Significant tenant investment
· 10 years remaining lease term
Similar Properties
View moreThe value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.
Please go to the below link for our commitment to compliance (Japanese only).
https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation
JLL financing
JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.