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

/

10330 Veterans Memorial Drive

Smurfit Westrock Signs 78,683 Square Foot Lease At Patriot Business Park In Houston
LEASEDIndustrial

Smurfit Westrock Signs 78,683 Square Foot Lease At Patriot Business Park In Houston

10330 Veterans Memorial Drive

Building Size

78,683 SF

Asset Type

Industrial

Closing

Apr 21, 2026

AI

An industrial asset totaling 78,683 square feet is located at 10330 Veterans Memorial Drive in the Houston market. The property is part of Patriot Business Park, a newly delivered three-building industrial campus developed by Standard Real Estate Investments and Investment & Development Ventures.

Summary of transaction details:

The transaction marks the first lease at the 462,591-square-foot project, indicating a strong demand for modern logistics space in the North Houston industrial corridor.

Players

Tyler Maner

Stream Realty Partners⁠

Broker

12 deals

Broker
Robert Jue

Robert Jue

Standard Real Estate Investments

Landlord

$43M

vol

2 deals

Landlord
IL
Investment & Development Ventures LLCLandlord
Tony Smurfit

Tony Smurfit

Smurfit Westrock

Tenant

1 deal

Tenant

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