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
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