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Todd Briddell Of CenterSquare Investment Management Acquires Industrial Portfolio In Houston For 244,946 SF
SOLD
National
See Similar DealsIndustrial244,946 SF
Sold 10/31/2025
SOLD
Todd Briddell Of CenterSquare Investment Management Acquires Industrial Portfolio In Houston For 244,946 SF
Industrial244,946 SF
Sold 10/31/2025
Summary
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:244,946 SF
Transaction Type:Sale
The property involved in the transaction is a four-building industrial service portfolio located in Houston. The asset comprises a total of 244,946 square feet and was 88% leased at the time of closing.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Buyer: Todd Briddell
- Buyer's Company: CenterSquare Investment Management
- Market: Houston
- Asset Size: 244,946 square feet
- Lease Status: 88% leased at closing
Todd Briddell of CenterSquare Investment Management represents the buyer in this transaction. The company plans to implement a value-add program that includes roof and concrete repairs along with selective HVAC upgrades.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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