JLL expands Houston portfolio by 1M SFJLL expands Houston portfolio by 1M SFhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=123772016-03-07T06:00:00Z2016-03-07T18:55:00Z

​​HOUSTON - JLL has expanded its Houston property management portfolio by approximately 1 million sf with four recent assignments including 1300 Main, the Great Southwest building at 1314 Texas, Westchase Place and 5300 Memorial.

The addition of these properties has raised JLL’s total property management portfolio in Houston to 5.9 million sf.

The firm was awarded the property management assignment for 1300 Main St. in the fourth quarter of 2015. The 508,000-sf office building is located in Houston’s Central Business District.

Built in 1955 and renovated in 1999, the 21-story building includes first floor retail space and a tunnel-connected, 892-space parking garage.

In addition, JLL has been tapped for property management of the Great Southwest Building, located at 1314 Texas Ave. A mainstay in Houston’s Central Business District, the 148,000-sf office building was originally built in 1926 and underwent renovations in 2001.

Purchased by its current owner in February 2016, the 22-story building features a restaurant on the ground floor.

JLL has also been selected by CREA Investments for property management of Westchase Place, located at 11200 Richmond Ave. The building is situated in Houston’s Westchase submarket, approximately 20 miles west of the city’s Central Business District.

The 151,000-sf office building was built in 1999.

Additionally, JLL has been selected by Equus Capital Partners to provide property management services to their newly-acquired 150,000-sf office building located at 5300 Memorial Dr.

The 11-story, office building is three miles west of Houston’s Central Business District.

Realty News Report
Houston-The Woodlands-Sugar Land
http://realtynewsreport.com/2016/03/02/jll-expands-houston-portfolio/Source: {Source}

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