W-Industries Expands Operations With 241712 Square Foot Industrial Lease In Houston At Champions Business Park
11500 Antoine Drive
Building Size
241,712 SF
Asset Type
Industrial
Closing
Dec 1, 2025
AI
The asset involved in this transaction is an industrial property located at 11500 Antoine Drive in Houston. It encompasses a total square footage of 241,712 and serves as a facility for electrical manufacturing operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 11500 Antoine Drive
- Market: Houston
- Square Footage: 241,712
- Tenant: W-Industries
- Landlord's Representative: Jason Dillee, Joseph Smith & Greg Holmes - CBRE
- Tenant's Representative: Wesley Williams - Colliers
The deal marks W-Industries' expansion of its operations within Champions Business Park in North Houston. The landlord was represented by CBRE, specifically by Jason Dillee, Joseph Smith, and Greg Holmes, while Wesley Williams from Colliers represented the tenant in this lease transaction.
Players
Houston 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