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29597897
29597898

8708 Technology Forest Pl, The Woodlands, TX 77381

MH
TX 538781
JLL - Houston, Texas
KM
TX 604147
JLL - Houston, Texas
JLL - Houston, Texas
Listed by JLL - Houston, Texas
Unpriced
118 days on market
Updated 118 days ago

Venture Tech VIII

Details
Property Type Office
Sub Type Traditional Office
Square Footage 70,212
Occupancy 87.3%
Tenancy Multi
Class B
Year Built 1998
Buildings 1
Stories 1
Acreage 8.240
Parking Spaces 262 per 1,000 sq ft
Investment Type Value Add

Venture Tech VIII | 87% Leased Value-Add Single Story Office | 8.2 Acre Site | The Woodlands, TX

Marketing description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present for sale a 100% fee simple interest in Venture Tech VIII (“the Property”), a 70,212 squarefoot single story office building in a highly accessible location within The Woodlands submarket. The Woodlands is a mature master-planned community with an impeccable reputation for a high quality of life and superior commercial real estate fundamentals. The area boasts a business-friendly environment with significant tax incentives, best-in-class master planned residential communities, top tier Class-A multifamily communities, and luxury retail & noncommercial offerings only found in top MSAs. The Woodlands continues to prove resiliency and enjoy strong leasing activity due to the lack of significant supply and superior live-work-play environment. Venture Tech VIII benefits from its prime location within the Venture Tech Business Park, just minutes from I-45, offering immediate access to one of Houston’s major thoroughfares and a robust employee base. The Property provides investors with the ability to acquire a well-located, high-quality asset with meaningful in-place cash flow and valueadd potential via lease-up of the remaining vacancy.

Investment highlights

  • Value-Add Offering Within Houston's Preferred Suburban Submarket

  • Single-Story Efficiency & Acessibility

  • Attractive Risk-Adjusted Basis

  • Strong Lease-Up Opportunity with Market Leading Fundamentals

  • Superior Demographics and Accessibility

  • Iconic Location in the Heart of The Woodlands

Listing Contacts

MH
TX 538781
JLL - Houston, Texas
KM
TX 604147
JLL - Houston, Texas
JLL - Houston, Texas
Listed by JLL - Houston, Texas

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