{"id":1004270558,"date":"2018-10-10T03:41:16","date_gmt":"2018-10-10T11:41:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004270558"},"modified":"2022-12-08T00:30:49","modified_gmt":"2022-12-08T08:30:49","slug":"emerson-buys-houston-office-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/emerson-buys-houston-office-property\/","title":{"rendered":"Emerson Buys Houston Office Property"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004270561\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004270561\" data-attachment-id=\"1004270561\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/emerson-buys-houston-office-property\/1-opo-exterior-drive-entry-r\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;13&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D800&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1391796640&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;16&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1 OPO exterior drive entry-r\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1 OPO exterior drive entry-r&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg?w=800\" class=\"wp-image-1004270561 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1-OPO-exterior-drive-entry-r.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004270561\" class=\"wp-caption-text\">6001 Rogerdale Road<\/p><\/div>\n<p>Emerson has acquired&nbsp;Oak Park Office Center III, a vacant office building in Houston&#8217;s Westchase office submarket. JLL Capital Markets arranged the sale on behalf of the seller, Mallick Group.&nbsp;<\/p>\n<p>Located at 6001 Rogerdale Road, the two-story building was constructed in 2008 and comprises 151,000 square feet. Features include a cafe and break rooms for tenant use, ample parking and convenient access to Beltway 8 and Westpark Tollway.&nbsp;The building has served as a single-tenant corporate campus since it was completed.<\/p>\n<p>Managing Director Rudy Hubbard, Senior Vice President Kevin McConn and Vice President Rick Goings led the JLL team on the sale. Curt Stanton of Axiom represented Emerson in the transaction. Last week, the JLL team represented&nbsp;The D\u2019Agostino Cos. in its <a href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-buys-houston-office-asset\/\">sale of&nbsp;a 114,400-square-foot office property in Houston<\/a>.&nbsp;<\/p>\n<p><em>\u201cThis offering presented the perfect opportunity for the buyer to gain control of the property next door and accommodate growth in their business,\u201d<\/em> Hubbard&nbsp;said in a prepared statement.&nbsp;<\/p>\n<p><em>Image courtesy of JLL&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL Capital Markets represented the seller, The Mallick Group, in its disposition of a 151,000-square-foot vacant building in the Westchase submarket.<\/p>\n","protected":false},"author":746,"featured_media":1004270561,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1589,21783,21742,21747],"tags":[36754,32796,36365],"class_list":["post-1004270558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-investment","category-latest","category-office","tag-emerson","tag-jll","tag-rudy-hubbard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. 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