Glass Manufacturing Group Leases 53,510 SF Industrial Space At 11660 Brittmoore Park Drive
11660 Brittmoore Park Drive
Building Size
53,510 SF
Asset Type
Industrial
Closing
May 17, 2026
AI
The asset involved in this transaction is an industrial property located at 11660 Brittmoore Park Drive in the Houston market. The facility encompasses a total of 53,510 square feet and is fully HVAC and crane served. The lease has been established for a duration of 7 years under a NNN lease structure, managed by GBP Properties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Address: 11660 Brittmoore Park Drive
- Market: Houston
- Square Footage: 53,510
- Landlord: GBP Properties
- Lease Term: 7 Years
- Lease Type: NNN Lease
- Tenant's Representative: Jared Edelman, James Mashni & Patrick McKiernan - First Houston Properties
Jared Edelman, along with James Mashni and Patrick McKiernan of First Houston Properties, represented the tenant, a glass manufacturing group, in this lease transaction. Their expertise facilitated the negotiation of the lease terms for the crane-served asset situated in Northwest Houston.
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