For Sale | Strategic Investment Opportunity - 2315-2327 Commerce

Highlights:

• The properties are strategically located at a major entry point to East Houston and the EaDo District. This area continues to see new residential and commercial development occurring and generating new jobs. One major contributor is the East River Master planned project.
• The owner completely renovated both properties and maintained the historical significance of the property while restoring and updating the common areas and lease spaces. Today the 2327 Commerce building has beautifully built out loft style tenant spaces offering exposed steel and wood floors with 17’ ceilings.
• The 2315 Commerce Building is occupied by numerous artists and creative groups that have found a facility providing the perfect place to collaborate and create a variety of artwork.
• Both buildings have experienced consistent leasing activity over the years and maintain healthy occupancies and continued base rental growth.

Description:

Colliers is pleased to exclusively present for sale to qualified investors the opportunity to acquire 100% fee simple interest in the 2315 & 2327 Commerce buildings located east of Downtown Houston. This neighborhood is a growing part of the city offering entertainment, dining, residential and commercial development. Major employment centers are located nearby as well as many of the city’s sports complexes. These properties are strategically located on Commerce Street which is a major corridor leading into East Houston and the EaDo District offering a prime location for office users, retail businesses, design firms, artists, and other creative workspaces.

2315 Commerce is a one (1) and two (2) story building consisting of approximately 16,873 SF.
2327 Commerce is a two (2) story building consisting of approximately 27,737 SF.
Both properties are located on ± 1.4395 acres of land and share a surface lot for parking.

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