In December of 2021, Emerald Creek Capital provided a $13,250,000 acquisition loan in the Westchase neighborhood of Houston, TX. The loan is secured by a four-story, 107,923 square foot single-tenant office building 100% leased to a credit tenant. The subject property is situated on a 5.76-acre lot with great exposure along a major avenue. Located 15 miles west of downtown Houston, Westchase is a high-quality residential and business district with access to many restaurants, shopping centers, parks, golf courses, and entertainment. The city of Houston is a major transportation hub and popular location for offices and corporate headquarters such as Sysco, Philips 66, and Hewlett Packard. The subject property is easily accessible by the Sam Houston Tollway and Westpark Tollway.
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