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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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.