Listed by Avison Young - Houston Galleria
Unpriced
785 Greens Parkway Data Center
Details
Property Type Office, Special Purpose
Sub Type Traditional Office, Telecom/Data Center
Square Footage 124,480
Tenancy Vacant
Class B
Year Built 2002
Stories 2
Acreage 10.010
Parking Spaces 7.79 per 1,000 sq ft
Investment Type Value Add
+\- 4 MW Data Center Investment Opportunity | 785 Greens Parkway
Marketing description
This currently vacant building can quickly be developed into a +/- 4 MW data center and can expand to +/-20 MW, with significantly reduced lead times compared to ground-up construction. The property is located in the Greens Crossing Area off N. Sam Houston Parkway E. (Beltway 8) west of Interstate 45 (North Freeway), surrounded by a variety of restaurants, hotels, health clubs, and banking facilities, with convenient access to George Bush Intercontinental Airport (IAH) just minutes away.
Investment highlights
- Currently vacant building that can quickly be developed into a +/- 4 MW data center and can expand to +/-20 MW, with significantly reduced lead times compared to ground-up construction.
- Well-suited for a variety of high-value alternative uses including a corporate campus, call center, or other commercial applications, offering investors multiple exit and leasing strategies.
- Existing power infrastructure and building systems significantly reduce capital expenditure versus new development, accelerating the path to stabilized returns.
- Opportunity to acquire a vacant asset at a discount to replacement cost and unlock value through conversion into a high-demand use.
Listing Contacts
Listed by Avison Young - Houston Galleria
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