HOUSTON, TX – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Aker Solutions, (top left photo) a 94,800-square foot industrial facility in Houston.The listing price of $13.84 million represents $146 per square foot.
Daniel Danielak, a senior associate in the firm’s Detroit office is representing the seller.
“The facility includes operational support for the company’s three main activities on the property: drilling intervention, technology and subsea systems,” says Danielak.
“Aker Solutions ASA, an $8.3 billion company, is committed to being the industry leader in oil field operations and has chosen Houston and this facility to invest in their company’s operations.”
Located at 2201 North Sam Houston Parkway West, the site features two built-in water pits for engineering and laboratory testing and four overhead crane systems. The seller controls adjacent land that gives the tenant the availability to expand the existing facility.
Located at 2201 North Sam Houston Parkway West, the site features two built-in water pits for engineering and laboratory testing and four overhead crane systems. The seller controls adjacent land that gives the tenant the availability to expand the existing facility.
The built-to-suit asset was constructed in 2007. The current triple-net lease has eight years remaining, one five-year renewal option and 2.75 percent rent increase every two years.
“Low-rate financing through Mark One Capital, Inc. is available that would give a solid first-year return on a single-tenant asset such as Aker Solutions,” adds Danielak.“The Aker Solutions guarantee, the long-term triple-net lease, and the superior quality of this facility makes this industrial investment opportunity a best-of-class trophy asset acquisition opportunity.”
Press Contact: Stacey Corso, Communications Department, (925) 953-1716
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