LEASEDIndustrial
Reliable HealthCare Logistics Renews 48600 Square Foot Industrial Lease At 1113 Gillingham Lane
1113 Gillingham Lane
Building Size
48,600 SF
Asset Type
Industrial
Closing
Dec 4, 2025
AI
The property involved in this transaction is an industrial asset located at 1113 Gillingham Lane, within Sugar Land’s Interchange Distribution Center. The total square footage of the space is 48,600, and the landlords are Coleman Logistics Assets along with Mapletree US.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1113 Gillingham Lane
- Market: Sugar Land
- Landlord: Coleman Logistics Assets/Mapletree US
- Tenant: Reliable HealthCare Logistics
- Brokers: Ryan Hartsell - Oxford Partners; Michael Feuerman & Daniel Silver - Berger Commercial Realty
Players
Sugar Land Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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