Value-add office building in Houston trades to private investor

• JLL Capital Markets arranged the sale of 2350 N Sam Houston Parkway East, a 161,750-square-foot office building in Houston, Texas

• A private investor acquired the asset from a publicly traded REIT

• The property features exceptional visibility with Beltway 8 frontage and an above-market parking ratio of 3.7 spaces per 1,000 SF

HOUSTON, Sept. 28, 2026 – JLL Capital Markets announced today that it has completed the sale of 2350 N Sam Houston Parkway East, a 161,750-square-foot office building in Houston, Texas.

JLL represented the seller in the sale of the asset to a private investor. The property was marketed via the RealInsight Marketplace auction platform, generating significant market interest.

Built in 1982 and renovated in 2018, the 10-story office building is currently 20% occupied and features a seven-story parking garage with 595 structured spaces, providing an above-market parking ratio of 3.68 per 1,000 square feet. This robust parking infrastructure offers significant flexibility for future leasing and supports multi-tenant occupancy while mitigating utilization risk.

The property is strategically located directly off Sam Houston Parkway (Beltway 8), just south of George Bush Intercontinental Airport, offering exceptional visibility to more than 100,000 vehicles per day. The location provides tenants with multi-directional regional accessibility through Beltway 8, Hardy Toll Road, U.S. Interstate 69 and Interstate 45, connecting the property to Houston's growing suburban residential communities and employment centers.

JLL's Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Marty Hogan and Analyst Burke Tilton.

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. 

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.