facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

10161 Harwin Drive

Pressify Inc Leases 12,192 SF Industrial Space In Houston
LEASEDIndustrial

Pressify Inc Leases 12,192 SF Industrial Space In Houston

10161 Harwin Drive

Building Size

12,192 SF

Asset Type

Industrial

Closing

May 10, 2024

AI

Located at 10161 Harwin Drive in West Houston, the industrial property spans 12,192 square feet. The lease was secured by Pressify Inc., a custom printing services provider for the apparel industry.

Summary of transaction details:

The lease negotiations for the industrial property were handled by Stephen Hazen and Jacob Summers from Oxford Partners, representing Pressify Inc. Lesley Rice and Andy Parish, from Partners Real Estate, acted as the landlord's representatives.

Players

Lesley Rice

Partners Real Estate

Broker

4 deals

Broker

Houston Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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