- 2401 Fountain view is a 10-story office building located just west of Houston’s Galleria
- Jetall acquired this property out of Bankruptcy in July 2015 through creative structuring
- The asset was tied up in litigation prior to Jetall’s involvement
- Jetall acquired one of the Limited Partners’ positions which provided Jetall with the right to take over management of the property
- Jetall negotiated with four different parties in bankruptcy and successful in forcing its right to acquire the asset at a price significantly below fair market value
PROPERTY FACTS
Building Type
Office
Year Built/Renovated
1981/1999
LoopNet Rating
4 Star
Building Height
10 Stories
Building Size
353,028 SF
Building Class
B
Typical Floor Size
18,140 SF
Unfinished Ceiling Height
12’
Parking
60 Surface Parking Spaces
523 Covered Parking Spaces
Reserved Parking at $50/month
