Texas Logistic & Fulfillment Services Signs 299731 SF Lease At 12900 W. Airport Blvd. In Sugar Land
12900 West Airport Boulevard
Building Size
299,731 SF
Asset Type
Industrial
Closing
Aug 1, 2025
AI
The asset involved in this transaction is an industrial property located at 12900 West Airport Boulevard in Sugar Land. The total square footage of the property is 299,731 square feet, and it is owned by Sagard Real Estate.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 12900 West Airport Boulevard
- Market: Sugar Land
- Landlord: Rick Stone - Sagard Real Estate
- Tenant: Texas Logistic & Fulfillment Services
- Broker Representatives: Joe Smith & Pearce Martens - CBRE
The deal was facilitated by CBRE, with Joe Smith and Pearce Martens representing Texas Logistic & Fulfillment Services as the tenant. The lease agreement fully occupies the cross-dock facility owned by Sagard Real Estate.
Players
Sugar Land 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