JLL Capital Markets experts today announced the firm, in conjunction with Williams & Williams, completed the sale of Halliburton’s former Oak Park campus, a 48-acre corporate campus in west Houston. A local, private investment group purchased the property. 

Williams & Williams held an auction for the property on April 27, 2018. No plans for the site have been announced at this time. 

“Given its prominent location and size, this site has high potential for any number of uses,” said JLL Managing Director Rudy Hubbard. “However this property is purposed, we look forward to seeing it fully utilized to the benefit of the market and new ownership alike.” 

The property is located in Houston’s Westchase District, just west of the intersection of Bellaire Boulevard and Sam Houston Tollway. It currently includes a 568,000-square-foot office building, a 17,500-square foot fitness facility, a daycare center, central plant and five-level parking garage. The building was built in 1979, but cosmetic, mechanical and electrical upgrades have been made since 2013. 

Rudy Hubbard, Kevin McConn, Rick Goings and Dan Bellow led the JLL team on the sale. 

According to JLL research, Houston’s total office sales volume in 2018 has been approximately $600 million.  

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2017 alone, the firm’s 2,000 Capital Markets specialists completed $170 billion in investment sale and debt and equity transactions globally.