JLL completes sale of Class A office building in Houston

HOUSTON, Jan. 23, 2026 –  JLL Capital Markets announced today that it has closed the sale of 1400 Ravello Drive, a 137,000-square-foot, Class A office building in West Houston, Texas.

JLL represented the seller, a large lending institution, in the sale to a joint venture between a local investor and a medical user who will occupy a large portion of the premises.

Completed in 2009 and renovated in 2015, 1400 Ravello Drive is a two-story LEED-Gold certified property offering modern office spaces and sustainable building features. The property was sold fully vacant after the sole tenant, which had occupied the building since completion, vacated the space in December 2025. The 6.84-acre site also includes a 435-space parking garage and 135 surface parking spaces.

1400 Ravello Dr. is situated within the Mason Creek Business Park, a deed-restricted, master-planned office and industrial park in Houston’s Energy Corridor. The property is close to the Mason Rd. / Interstate 10 intersection just 30 minutes west of downtown Houston and close to the residential communities of Katy, Briar Forest and Memorial. The surrounding area offers a variety of retail, dining and entertainment amenities as is immediately adjacent to two new multi-housing communities as well as a proposed HCC development. 

JLL’s Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Rick Goings and Managing Director Kevin McConn.

“There were eight office assets purchased by end-users in 2025 across the Houston market, making up about 15% of the buyside capital by dollar volume, and 2026 is off to a strong start with this continuing theme. These user sales are great for the overall market, as they reduce the amount of competitive vacancy the day the asset trades,” said Goings.

“The Houston office market had a tremendous 2025 and we continue to see strong demand from the investment community as new properties hit the market in 2026,” added McConn.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.