Passco Younan Opportunity Fund I, LLC
A joint venture with Passco Companies, LLC and Younan Properties, Inc.
established to manage two office buildings in Houston, Texas.
Shepherd Place
2323 Shepherd Dr.
Houston, TX 77019
Overview:
The property is an approx. 116,621 square-foot suburban office building in
Houston's Midtown submarket, constructed in 1983. It is a 14-story structure on
a 1.35-acre site.
Major tenants include United States of America (35%) and Spencer Partnership Architects
(10%).
Property Highlights:
- Located in the prestigious River Oaks area of Houston.
- Superior views of the CBD and Galleria.
- Excellent amenities in the local area.
- Close proximity to the CBD and the Galleria
- U.S. Government occupies nearly 35% of building through a long-term lease.
Click here to see map and directions.
1700 West Loop South
1700 West Loop South
Houston, TX 77027
Overview:
The property is an approx. 253,138 suare-foot multi-tenant suburban office
building in the prominent Galleria submarket of Houston. Constructed in 1978 and
renovated in 2000, it is a 14-story structure with an eleven-level sturctured parking
garage on a 1.57-acre site.
Major tenats include Christus Health (43%) and Cornell Companies, Inc. (12%).
Property Highlights:
- Excellent freeway visibility and access.
- Shared lobby with Marriott Hotel.
- Located in the renewed Galleria marketplace.
- The property is 99.5% leased with limited rollover risk over the near-term.
- Excellent amenities within walking distance.
Click here to see map and directions.
PASSCO Contact:
Alan Clifton, Vice President
Direct Line: (949) 263-7970
aclifton@passco.net