Point North Sort Center

Jones Lang LaSalle (“JLL”), as the exclusive advisor to the Owner, is pleased to present the opportunity to purchase the fee simple interest in Point North Sort Center (the “Property”), a 240,000 square foot, sortation center in Houston, TX with 4.9 years of lease term remaining. Developed in 2013 by Duke Realty, the state-of-the-art warehouse is currently 100% leased to a leading e-commerce tenant and offers 2.5% annual rent increases throughout the remainder of the term. The tenant also put significant capital investment into the building, totaling over $1.5 million worth of tenant-funded improvements. Located directly East of George Bush Intercontinental Airport, the Property is a mission critical location for the tenant, providing the most convenient access to Northeast Houston.

·    Secure Cash Flow With Back-End Upside Potential

·    State-Of-The-Art Facility

·    Investment Grade Tenant

·    Mission Critical Location For A Sort Center

·    Premier Business Park Location With Exceptional Access

·    Growth Of E-Commerce

·    Houston: Nation-Leading Growth