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12900 West Airport Boulevard

Texas Logistic & Fulfillment Services Signs 299731 SF Lease At 12900 W. Airport Blvd. In Sugar Land
LEASEDIndustrial

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

Joseph Smith

CBRE

Broker

$30.9M

vol

11 deals

Broker
CBRE
CBREBrokerage
Rick Stone

Rick Stone

Sagard Real Estate

Landlord

$329.8M

vol

14 deals

Landlord
Sagard Real Estate
Sagard Real EstateLandlord

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