HOUSTON–JLL has announced the sale of 13401 North Freeway in the Greenspoint/North Belt area in Houston. An undisclosed seller sold the property to Houston-based Fuller Realty Partners. The 143,410-square-foot, seven-story, class A office building is fully leased to a single tenant who will be vacating the building by year's end.

JLL's managing director Rudy Hubbard, vice president Kevin McConn and associate Rick Goings led the team on the transaction.

“This offering was attractive for many reasons and stood out as a unique opportunity to buy a quality building at an attractive basis in a growing location,” Hubbard told GlobeSt.com. “Greenspoint will have to contend with additional vacancy as tenants like ExxonMobil, Noble Energy and Southwestern Energy move to their new campuses. However, quality assets like 13401 North Freeway will be the first buildings in the submarket to lease up due to its accessibility and significant parking ratio.”

Located in a 12-square-mile community known as the downtown of Houston's north side, 13401 North Freeway is located on Interstate 45, just north of Beltway 8 (Sam Houston Tollway), 10 miles south of the new ExxonMobil campus and 15 miles south of The Woodlands.

“This is a true class A building that has been impeccably maintained by ownership,” says Hubbard. “Fuller Realty Partners will be able to immediately capitalize on this unique, high-quality asset in a strong and growing location. Houston's 4 percent annual job growth rate—one of the strongest in the nation—will help propel this property as one of the top draws in the submarket.”