Shell USA HQ Campus — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Houston, TX 77079
  • Size: 1,484,062 SF

Photos

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Description

JLL Capital Markets, as exclusive advisor to Shell USA, Inc. (“Shell”), is pleased to present the offering of the Shell Woodcreek Campus (the Property), located at 150 N Dairy Ashford, a 6-building, corporately owned Class-A+ office campus in the heart of the Energy Corridor. Qualified investors have the opportunity to acquire 1,484,062 rentable square feet on 43.6 acres of land with a structured leaseback to Shell USA, Inc. (S&P A+). The offering presents a rare opportunity to purchase a best-in-class corporately owned and maintained headquarter campus in the heart of Houston’s most active leasing market at a very attractive basis. Shell’s long-term leaseback will be at a fraction of market rent to reduce their occupancy costs, and the short-term leaseback component provides ample runway for an investor to avoid punitive carrying costs during the execution of their business plan.

Market Context

This office in Houston, TX is listed for sale across 1,484,062 SF. Compare it against other office listings for sale in Houston, TX — view the full market.

As of Q1 2026, the Houston office market showed a 26.1% vacancy rate, and average asking rents near $31.77/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Houston office market tightening or softening?
Vacancy is around 26.1% (Q1 2026).

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