CityNorth 5
CityNorth 5
Marketing description
Colliers is pleased to present the exclusive opportunity to acquire CityNorth 5, a class A office building located at 17001 Northchase Drive in Houston, TX (the “Property”). The property was built in 1992 and is situated on 2.81 acres in the North Houston District and features 461,185 square feet of sophisticated office space distributed across nineteen (19) floors. In 2014 the building was awarded LEED certification at the Gold level.
Investment highlights
• Strategic Location: Positioned off I-45 and the Central Intersection of Beltway 8. The property is 15 minutes from George Bush Intercontinental Airport, Downtown Houston and desirable residential neighborhoods.
• Modern Amenities: The property features amenities including a fitness center, conference rooms, and advanced security systems. Recent renovations have enhanced the building’s façade, outdoor areas, and lobby, including the addition of a highly amenitized tenant lounge.
• Repositioning Potential: With the current focus on rebranding and redevelopment within the North Houston District, there are substantial opportunities to attract new tenants and reposition the property to meet modern office and industrial needs.
• Economic Incentives: Potential access to economic development incentives aimed at revitalizing the area and attracting new businesses.
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