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Office Vacant-User

CityNorth 1

233 Benmar Dr, Houston, TX 77060

Listing Price: $25,356,200

Gross SF
253,562
Rentable SF
253,562
Price/Gross SF
$100.00
Year Built
1982

Investment Overview

Strategically located near the crossroads of I-45 North and Beltway 8 North, CityNorth is the go-to destination for an Owner/Occupier desiring a Corporate Campus environment in North Houston; one block from Beltway 8 which allows accessibility to all parts of the City of Houston; minutes to George Bush IAH Airport; and a secured Class A office campus environment totaling approximately 2.1 MM square feet within six (6) office buildings. The 36 acres of landscaped grounds and newly designed outdoor spaces includes nearly 80,000 square feet of ground level retail including 8 restaurants and a Starbucks.

CityNorth has strong institutional ownership via a joint venture with Lincoln Property Company and H.I.G. Realty Partners a division of H.I.G. Capital. Lincoln Property Company, established in 1965, is one of the most respected and diversified service firms in the United States, employing thousands of experienced, dedicated people who serve a growing client base that reaches coast-to-coast, as well as into Mexico and Europe. H.I.G. Realty has completed real estate investments with a gross asset value of more than $5 billion.

The campus includes a complete 2020 renovation of the 480 room Hilton Hotel and 50,000 SF of remodeled exhibit space. Additionally, CityNorth offers a 10,000 SF Conference Center with flexible meeting room sizes and Wi-Fi; a 7,000 square foot Fitness Center with free weights, cardio machines, fully stocked locker rooms and towel service; Basketball & Racquetball Courts; a tenant lounge (Third Place) that can serve as an extension to ones office and includes a 50 putting green, 3 Full Swing Golf Simulators, a pool table, Big Screen TVs, a ping pong table and an area for entertaining; and finally an outdoor activity and eating area.

CityNorth 1 is LEED Silver Certified. The Class A office building has 24 Strand, high-speed fiber lines with a direct connection to the I-45 trunk line, which is the largest and fastest in the state. Power is dual fed from CenterPoint (Circuits 41 & 43).

The CityNorth campus has 24/7 manned security officers covering the entire campus. All garages are gated card access control. All buildings have card access control. CityNorth has golf cart and vehicular patrol 24/7. In addition, M-F there is one HPD officer 6:30 a.m. to 7 p.m. There are 135 new digital security cameras throughout the campus located in the interiors of each building as well as exteriors of the 6 buildings and garages. All cameras are monitored and recorded 24/7 in the Command Center located in CityNorth 2. On the Northchase Drive side of the campus at the entrance to CityNorth 2, there is a security kiosk manned Monday through Friday 6 a.m. 6 p.m. Additionally, CityNorth 1 and its adjacent garage has fifteen (15) digital cameras. Access to the CityNorth 1 Garage can be programmed to open with an Easy Tag sticker.

Investment Highlights

  • CityNorth 1 Offers Corporate Environment for Owner/Occupier
  • Secure Class A Office Campus in North Houston
  • Located at Crossroads of I-45 North & N. Belt aka Sam Houston Pkwy North
  • Access to All CityNorth Campus Amenities
  • 24/7 Round-the-Clock Security Personnel
  • 115 Digital Cameras Throughout the Campus including 15 cameras for CityNorth 1

Exclusively Listed By

Financing By

Listing Price: $25,356,200

Gross SF
253,562
Rentable SF
253,562
Price/Gross SF
$100.00
Year Built
1982

Investment Highlights

  • CityNorth 1 Offers Corporate Environment for Owner/Occupier
  • Secure Class A Office Campus in North Houston
  • Located at Crossroads of I-45 North & N. Belt aka Sam Houston Pkwy North
  • Access to All CityNorth Campus Amenities
  • 24/7 Round-the-Clock Security Personnel
  • 115 Digital Cameras Throughout the Campus including 15 cameras for CityNorth 1

Investment Overview

Strategically located near the crossroads of I-45 North and Beltway 8 North, CityNorth is the go-to destination for an Owner/Occupier desiring a Corporate Campus environment in North Houston; one block from Beltway 8 which allows accessibility to all parts of the City of Houston; minutes to George Bush IAH Airport; and a secured Class A office campus environment totaling approximately 2.1 MM square feet within six (6) office buildings. The 36 acres of landscaped grounds and newly designed outdoor spaces includes nearly 80,000 square feet of ground level retail including 8 restaurants and a Starbucks.

CityNorth has strong institutional ownership via a joint venture with Lincoln Property Company and H.I.G. Realty Partners a division of H.I.G. Capital. Lincoln Property Company, established in 1965, is one of the most respected and diversified service firms in the United States, employing thousands of experienced, dedicated people who serve a growing client base that reaches coast-to-coast, as well as into Mexico and Europe. H.I.G. Realty has completed real estate investments with a gross asset value of more than $5 billion.

The campus includes a complete 2020 renovation of the 480 room Hilton Hotel and 50,000 SF of remodeled exhibit space. Additionally, CityNorth offers a 10,000 SF Conference Center with flexible meeting room sizes and Wi-Fi; a 7,000 square foot Fitness Center with free weights, cardio machines, fully stocked locker rooms and towel service; Basketball & Racquetball Courts; a tenant lounge (Third Place) that can serve as an extension to ones office and includes a 50 putting green, 3 Full Swing Golf Simulators, a pool table, Big Screen TVs, a ping pong table and an area for entertaining; and finally an outdoor activity and eating area.

CityNorth 1 is LEED Silver Certified. The Class A office building has 24 Strand, high-speed fiber lines with a direct connection to the I-45 trunk line, which is the largest and fastest in the state. Power is dual fed from CenterPoint (Circuits 41 & 43).

The CityNorth campus has 24/7 manned security officers covering the entire campus. All garages are gated card access control. All buildings have card access control. CityNorth has golf cart and vehicular patrol 24/7. In addition, M-F there is one HPD officer 6:30 a.m. to 7 p.m. There are 135 new digital security cameras throughout the campus located in the interiors of each building as well as exteriors of the 6 buildings and garages. All cameras are monitored and recorded 24/7 in the Command Center located in CityNorth 2. On the Northchase Drive side of the campus at the entrance to CityNorth 2, there is a security kiosk manned Monday through Friday 6 a.m. 6 p.m. Additionally, CityNorth 1 and its adjacent garage has fifteen (15) digital cameras. Access to the CityNorth 1 Garage can be programmed to open with an Easy Tag sticker.

Exclusively Listed By

Financing By

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