15425 North Freeway

15425 North Freeway is a three story Class “B” multi-tenant office building located in North Houston, Texas. The property is situated on the west side of the Interstate 45 Freeway along the Southbound access lane and is approximately 18 miles north of downtown Houston directly in the path of growth. It is approximately four miles north of the Greenspoint business area and seven miles south of the Woodlands and the 385 acre Exxon Mobil North American campus. The building sits on an approximately 2.53 acre lot and consists of approximately 66,809 square feet gross rentable. It is designed around an enclosed central courtyard with waterscapes and landscaping. The building and parking area provide a fully gated and controlled access environment. The tenant spaces within the building are completely built-out, many with upgraded finishes. The existing tenant improvements can accommodate office users with space requirements from a single room office to over 12,000 square feet. The building is wired for fiber optic cabling. The existing tenant layouts can be modified without significant tenant improvement costs to accommodate a variety of size requirements.

Investment period: June 2011 – April 2013