JLL arranges sale of Park 845 Crossing in North Houston
United States, Aug. 19 -- JLL Capital Markets announced the sale of Park 845 Crossing, a 757,325-square-foot Class A multi-tenant industrial portfolio located at 11710 North Freeway in Houston.JLL represented the seller, an affiliate of Equus Capital Partners, Ltd., in the transaction. INDUS Realty Trust acquired the asset.Constructed between 2008 and 2014, Park 845 Crossing comprises five concrete tilt-wall buildings situated on 38.9 acres at the interchange of Interstate 45 and Beltway 8. The portfolio offers a versatile mix of rear-load and cross-dock configurations, with individual buildings ranging from approximately 54,000 to 245,000 square feet and clear heights from 18 to 30 feet.At the time of sale, the property was 99% leased to 1...
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