Description

JLL Capital Markets, representing the ownership, is offering the opportunity to acquire 100% fee simple interest in 3411 Richmond, an 82,692-square-foot office asset located in Houston’s Greenway Plaza submarket.The property is currently 89% leased and is owned by DMC Builders, who occupy roughly 40% of the building. Following the sale, DMC Builders will execute a short-term leaseback (1–2 years) at market rates for their space. This provides investors with a value-add opportunity through the lease-up of the remaining vacancy in a well-maintained, walkable location.