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Houston Energy Corridor Asset Acquired by Capital Commercial
Capital Commercial Investment (CCI) has purchased Energy Crossing II, a 327,404-square-foot office building in Houston’s Energy Corridor. Overall, the building is approximately 30% leased and is positioned to capitalize on the “flight-to-quality” trend occurring across the office market. Energy Crossing II is situated on a 5.47-acre site at 15011 Katy Freeway in the heart of Houston’s Energy Corridor.
Completed in 2014, Energy Crossing II is an eight-story property. The property offers flexible floorplates averaging 42,648 square feet that can accommodate a variety of single or multi-user configurations and features amenities, including a fitness center and on-site parking garage.
JLL Capital Markets represented the seller.
CCI says on its webpage that for over 31 years, Capital Commercial Investments, Inc. has been a consistent, contrarian, value-focused real estate investor realizing average annual returns of 26% on completed investments with CCI’s full discretion over major decisions. After more than 210+ successful investments, CCI remains unwavering in its commitment to this principle.
- ◦Sale/Acquisition