Updated Oct 29, 2024
Safespill Systems Leases 54,869 SF Industrial Property At 1900 Crosspoint Avenue In Houston
1900 Crosspoint Ave, Houston, Tx 77054, Usa
Building Size
54,869 SF
Asset Type
Industrial
Closing
Sep 20, 2020
About this deal
AI
The industrial property located at 1900 Crosspoint Avenue in Houston has been leased. The property spans 54,869 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Safespill Systems
- Landlord: Evtex Companies
- Square Footage: 54,869
- Tenant's Representative: Carter Thurmond - Transwestern
- Landlord's Representatives: Robyn Berry & Janae Evans
Carter Thurmond of Transwestern acted as the tenant's representative for Safespill Systems in the lease deal. Robyn Berry and Janae Evans represented the landlord, Evtex Companies.
Traded’s record for 1900 Crosspoint Ave, Houston, Tx 77054, Usa in Houston, California covers a industrial lease from 2020. Published size for 1900 Crosspoint Ave, Houston, Tx 77054, Usa is 54,869 square feet. Robyn Berry, Janae Evans, Carter Thurmond, Evtex Companies appear on the lease alongside Evtex Companies, Transwestern. This page is the Houston, California file for the 1900 Crosspoint Ave, Houston, Tx 77054, Usa industrial leased: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else leased near 1900 Crosspoint Ave, Houston, Tx 77054, Usa around 2020. Cite this Safespill Systems Leases 54,869 SF Industrial Property At 1900 Crosspoint Avenue In Houston lease when underwriting similar industrial product around Houston, California.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse California industrial leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93