Lewis W. Shaw Of Jackson-Shaw Leases Industrial Space To Triad Electric & Controls In Houston
1823 Haden Road
Building Size
—
Asset Type
Industrial
Closing
Jan 28, 2026
AI
The property involved in this lease transaction is an industrial development located at 1823 Haden Road in Houston, comprised of two buildings totaling 535,478 square feet on a site of 38.26 acres. The lease reflects the strong market demand for industrial spaces in proximity to the Port of Houston.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1823 Haden Road
- Market: Houston
- Acres: 535,478
- Landlord: Lewis W. Shaw - Jackson-Shaw
- Tenant: Triad Electric & Controls
The deal showcases the effective leasing strategies employed by Lewis W. Shaw and highlights the rapid occupancy turnover at Jackson-Shaw’s GreensPort Logistics Park, which achieved full occupancy shortly after completion in December.
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