Attributes
Year Built | 2000 |
Building Area |
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Property Description
Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present the opportunity to purchase the fee simple interest in Waterway Plaza I, a 223,516 square foot Class A+ office tower that is 100% leased to Huntsman International in The Woodlands, TX with 9.6 years of lease term remaining.
The property serves as the global headquarters for Huntsman International (NYSE: HUN), an investment-grade credit rated multinational manufacturer and marketer of chemical products with a $4.64 billion market capitalization. Huntsman continues to show tremendous commitment to the location and building as evidenced by its lease extension in 2018 and significant tenant investment into the build-out on top of the landlord’s improvement allowance.
Investment Highlights
· Impeccably maintained institutionally-owned Class A+ product
· Committed long-term tenant in a mission-critical location
· Optimally located in the woodlands, Houston's top ranked master planned community
· Irreplaceable 24/7 location in the Woodlands Town Center
· A rare opportunity to invest in a high barriers to entry market
· Houston's top performing suburban submarket

