HOUSTON-CBRE has been selected as the exclusive marketing advisor for the JPMorgan Chase Contact Center in west Houston's premier Memorial Corridor. This 235,201-square-foot property includes a one-story customer service center and a two-story administrative wing.
The JPMorgan Chase Contact Center is 100% triple-net leased to JPMorgan Chase, NA through August 2027 with the tenant responsible for all expenses, including any capital items. Consistently and institutionally maintained, the mission-critical facility features raised flooring throughout, fiber connectivity, non-interruptible power supplies, constant air conditioning, large and open floor plates, and high ceilings. The property also includes a daycare facility, cafeteria and patio lounge. It also offers an above-market parking ratio of 4.7/1,000.
With a 10-year, average occupancy rate of 91.4%, Memorial Corridor is one of Houston's top performing office submarkets where demand far exceeds supply. Furthermore, as Memorial land values range from $40 to $50+ per square foot and are projected to increase, the property also presents a longer-term, future redevelopment opportunity.
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