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Houston Corporate Campus on 48.9 acres Scheduled for Auction
TULSA, Okla., March 14, 2018 /PRNewswire/ -- Williams & Williams, a leader in global live and interactive real estate auctions will hold a live and online auction for oilfield services giant Halliburton (NYSE: HAL), a leading oilfield services company, at 1 p.m. Central Daylight Time on Friday April 27, at the firm's vacant Oak Park Campus, 10200 Bellaire Blvd. Williams & Williams will conduct the auctions in conjunction with strategic broker partner JLL.
The property consists of 48.9 acres and offers 605,261+/- sf of office, meeting and employee common areas such as a cafeteria and conference center. Additional buildings on the property include buildings previously used for daycare and a wellness center with exercise room, full basketball court and men's and women's locker rooms. The property is also served by an onsite central plant and a five-level, 1,500 space parking garage.
An additional 3.3-acre development parcel with visibility from Beltway 8 will be sold separately at the auction.
Fontana Fitzwilson, Executive Vice President of Williams & Williams, says both Oak Park properties are opportunities to expand or redevelop. "Assembling 48.9 contiguous acres for redevelopment would be a challenge," she said. "Conversely, there's room to grow here. The original plan was to build a midrise office tower on the southwest corner of the property. If you are looking for a property of this size, you have options."
The auctions will be open to the public and bids may be placed in person, or online at AuctionNetwork.com, a sister company to Williams & Williams. Public inspections will be held from 11-2pm Friday March 23 & 30 and April 13 & 20.
Fitzwilson said the high bidders will be required to make a non-refundable 10% down payment immediately after the auctions, and close in 30 days. For more information and to request a due diligence package please visit https://www.williamsauction.com/halliburton
About Williams & Williams:
Williams & Williams (www.williamsauction.com) is a worldwide real estate auction firm and the leader in global live and interactive auctions. A full-service brokerage with an operating footprint in all 50 United States and U.S. Territories, Williams & Williams also cooperatively partners with residential, commercial and land brokers to auction properties throughout the United States and abroad.
About Auction Network:
www.AuctionNetwork.com is a subsidiary of Williams, Williams & McKissick, LLC, whose holdings include Williams & Williams and Auction Network™, a 24-hour global broad-band television network that lets bidders participate from anywhere in the world during live and online auctions.
www.JLL.com (Jones Land LaSalle Inc.) is a leading global professional services and investment management firm specializing in real estate. Their expert teams provide integrated services to clients seeking increased value by owning, occupying, developing or investing in real estate. JLL is characterized by its growth orientation, operational excellence, financial strength, premium brand, collaborative culture and high ethical standards.
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SOURCE Williams & Williams
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