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EN Group Corp Leases 41274 Square Feet Industrial Space At 16420 West Hardy Road

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LEASED

Texas

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Industrial41,274 SF
Leased 08/08/2024
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LEASED

EN Group Corp Leases 41274 Square Feet Industrial Space At 16420 West Hardy Road

16420 West Hardy Road

See Similar Deals
Industrial41,274 SF
Leased 08/08/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:41,274 SF
Transaction Type:Lease

The property asset involved in this transaction is a 41,274-square-foot industrial space located at 16420 West Hardy Road in the Houston market. The total building size is 77,499 square feet and was constructed in 1983, serving as an industrial sublease.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 16420 West Hardy Road
  • Market: Houston
  • Landlord: Atosa Catering Equipment Inc
  • Tenant: EN Group Corp.
  • Landlord's Representative: Cape Bell - CBRE
  • Tenant's Representative: John Hornbuckle - Cypressbrook

This deal was facilitated by brokers from Cypressbrook and CBRE. John Hornbuckle represented the tenant, EN Group Corp., while Cape Bell represented the landlord, Atosa Catering Equipment Inc., indicating a collaboration between the two agencies for this industrial lease transaction.

Players

Cape Bell
5 deals$170.5K volume
BROKER

Details

LEASED
IMAGE: Cape Bell & John Hornbuckle DATE: 08/08/2024 ADDRESS: 16420 West Hardy Road MARKET: Houston ASSET TYPE: Industrial ~ SF: 41,274 LANDLORD: Atosa Catering Equipment Inc TENANT: EN Group Corp. LANDLORD'S REP: Cape Bell - CBRE (@CBRE) TENANT'S REP: John Hornbuckle - Cypressbrook NOTE: Cypressbrook Co. brokered a 41,274-square-foot industrial sublease at 16420 W. Hardy Road, North Houston, for third-party logistics firm EN Group Corp. The building, totaling 77,499 square feet and built in 1983, was represented by John Hornbuckle of Cypressbrook and Cape Bell of CBRE.

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Deal Type
Effective Rent (Annual)

$2,365,800.77

Total Lease Value

$23,658,007.74

Net Landlord Cash Flow$2,365,800.77