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14699 Almeda School Road

Creative Innovation Leases 496560 SF Industrial Space At Levey Logistics Park In Pearland
LEASEDIndustrial

Creative Innovation Leases 496560 SF Industrial Space At Levey Logistics Park In Pearland

14699 Almeda School Road

Building Size

496,560 SF

Asset Type

Industrial

Closing

Aug 6, 2025

AI

An industrial asset located at 14699 Almeda School Road in Houston has completed a lease transaction. The property encompasses a total of 496,560 square feet, serving as a full cross-dock building within Levey Logistics Park in Pearland.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 496,560 SF
  • Address: 14699 Almeda School Road
  • Market: Houston
  • Landlord: David Ebro - Levey Group
  • Tenant: Creative Innovation
  • Landlord's Representative: Allison Bergmann & Michael Foreman - Cushman & Wakefield
  • Tenant's Representative: USWHSE Inc.

The lease for Creative Innovation was facilitated by USWHSE Inc., representing the tenant. Cushman & Wakefield played a crucial role by representing the landlord, Levey Group, through Allison Bergmann and Michael Foreman.

Players

Allison Bergmann

Cushman & Wakefield

Broker

4 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

David Ebro

Levey Group

Landlord

3 deals

Landlord

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