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| Sam Houston Crossing II office property, northwest Houston, TX |
HOUSTON, TX – JLL Capital Markets announced it has arranged a $20 million refinancing for Sam Houston Crossing II, a 160,000-square-foot office property in northwest Houston, Texas.
JLL worked on behalf of the borrower, Buchanan Street Partners, to secure the five-year, 4.0% loan with East West Bank.
Sam Houston Crossing II is a three-story office building fully leased to three tenants.
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| Laura Sellingsloh |
Located at 10344 Sam Houston Park Drive, the property is positioned on 8.5 acres along the Sam Houston Tollway (Beltway 8) providing connectivity to all of Houston’s major freeways, including 290 and Interstates 10, 45 and 69.
The JLL Capital Markets team representing the borrower was led by Senior Vice President John Ream and Associate Laura Sellingsloh.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization.
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| John Ream |
The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.
Contact:
Kristen Murphy
JLL Senior Manager
Public Relations
Phone: +1 617 848 1572
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