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JLL Income Property Trust Acquires Medical Office In Sugar Land For $18.4M

Property Image
SOLD
$18,400,000

Texas

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37,000 SF
Sold 04/12/2022
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Property Image
SOLD

JLL Income Property Trust Acquires Medical Office In Sugar Land For $18.4M

1327 Lake Pointe Parkway, Sugar Land, Texas 77478, United States

See Similar Deals
37,000 SF
Sold 04/12/2022
the dealplayerscompscontact
Contact now

Summary

TEXAS
Price Per Square Foot:$497
Total Square Footage:37,000 SF
Transaction Type:Sale

The medical office located at 1327 Lake Pointe Parkway in Sugar Land has been sold in a closed transaction. The property spans approximately 37,000 square feet and is situated in the bustling market of Sugar Land. The sale price for this medical office transaction was approximately $18,400,000, resulting in a price per square foot of $497.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $18,400,000 (Approx.)
  • Address: 1327 Lake Pointe Pkwy
  • Market: Sugar Land
  • Square Footage: 37,000

The buyer of this medical office property was JLL Income Property Trust, represented by Allan Swaringen. The transaction was completed on 04/12/2022.

Players

Allan Swaringen
JLL
Allan Swaringen
13 deals$885.9M volume
BUYER

Details

SOLD
IMAGE: Allan Swaringen DATE: 04/12/2022 ADDRESS: 1327 Lake Pointe Pkwy MARKET: Sugar Land ASSET TYPE: Medical Office BUYER: JLL Income Property Trust (@Jll_USA) - Allan Swaringen (@CASwaringen) SALE PRICE: $18,400,000 (Approx.) SF: 37,000 ~ PPSF: $497

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