Darvesh Investments Sells 58 Acres In Houston's Industrial Corridor Via Brokers Kadlick, Hutcheson & Kane
Building Size
—
Asset Type
Development Site
Closing
Sep 24, 2025
AI
The property asset involved in the context is a development site located at Grand Parkway & Mueschke Road, encompassing 58 acres within the Houston market. This site is situated in one of Houston's fastest-growing industrial corridors, characterized by a strong demand for logistics and distribution space.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: Grand Parkway & Mueschke Road
- Market: Houston
- Seller: Darvesh Investments
- Brokers: James Kadlick, Chris Hutcheson & Harrison Kane - Colliers
The transaction was brokered by Colliers, representing the seller, Darvesh Investments. The buyer, whose identity remains undisclosed, acquires a prime site that aligns with the growing logistics needs in the area.
Players
Market Development Site Market Snapshot
Boundary boundary · Development Site · 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