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3100 Hayes Rd, Houston, TX,...

Updated Oct 19, 2026

Mission Companies Acquires 149,893 SF Office/Flex Complex In Houston
SOLD

Mission Companies Acquires 149,893 SF Office/Flex Complex In Houston

3100 Hayes Rd, Houston, TX, 77082

Building Size

149,843 SF

Asset Type

—

Closing

Nov 22, 2023

About this deal

AI

The sale involved Westchase Commons, a three-building office/flex industrial complex located at 3100 Hayes Rd, Houston, TX, 77082. The property spans 149,893 square feet and is situated in the Houston market.

Summary of transaction details:

  • Property Type: Office/Flex Industrial Complex
  • Transaction Amount: Not disclosed
  • Seller's Representative: Trent Agnew (JLL)
  • Buyer: Mission Companies
  • Square Footage: 149,893 SF
  • Market: Houston

JLL Capital Markets facilitated the sale of Westchase Commons and arranged financing for the transaction. The property, completed in 2001, offers a flexible building design suitable for a variety of tenants. It features grade-level, semi-dock, and dock-high loading areas, as well as open floorplan layouts and an above-average parking ratio. Currently, the property is 77.2% leased to an investment-grade tenant roster. The seller was represented by Kevin McConn and Trent Agnew, while the financing was handled by John Ream and Michael Johnson from JLL.

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Players

Trent Agnew

JLL

Broker

$547.5M

vol

67 deals

Broker
Mission Companies
Mission CompaniesBrokerage
Mission Companies
Mission CompaniesBuyer
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Houston CRE Market Snapshot

Boundary boundary · CRE · Sale 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

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