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1415 Louisiana St, Houston,...

Royston, Rayzor, Vickery & Williams Sign 11,611-SF Office Lease At 1415 Louisiana St
LEASEDOffice

Royston, Rayzor, Vickery & Williams Sign 11,611-SF Office Lease At 1415 Louisiana St

1415 Louisiana St, Houston, TX 77002, USA

Building Size

11,611 SF

Asset Type

Office

Closing

Aug 15, 2023

AI

A law firm, Royston, Rayzor, Vickery & Williams, has signed an 11,611-square-foot office lease at 1415 Louisiana St. in downtown Houston. The office is located in a 43-story building that offers amenities such as a fitness center and dining options.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Square Footage: 11,611
  • Address: 1415 Louisiana Street, Houston
  • Market: Houston

The landlord, Wedge Commercial Properties, facilitated the lease agreement with Royston, Rayzor, Vickery & Williams as the tenant. The tenant's representatives in the deal were Griff Bandy and John Zivley from partners-real-estate'>partners-real-estate'>Partners Real Estate. Connor Saxe from Cushman & Wakefield represented the landlord.

Players

John Zivley

Partners

Broker

3 deals

Broker
WE
Williams EquitiesTenant

Vallejo Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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