Updated Oct 29, 2024
Kalera Leases 83,436 SF Industrial Space In Humble With Landlord Jackson-Shaw - Lewis W. Shaw
18870 Eastex Fwy, Humble, TX 77338, USA
Building Size
834,360 SF
Asset Type
Industrial
Closing
Jul 22, 2020
About this deal
AI
The industrial property located at 18870 Eastex Freeway in Humble has been leased in a closed transaction. The property spans 83,436 square feet, offering ample space for various industrial operations.
Summary of transaction details
- Property Type: Industrial
- Tenant: Kalera – Daniel Malechuk
- Landlord: Jackson-Shaw – Lewis W. Shaw
- Date: 07/23/2020
Kalera, represented by Daniel Malechuk, has become the tenant of this industrial property. The leasing agreement has been facilitated by Lewis W. Shaw from Jackson-Shaw. This transaction signifies the successful partnership between the tenant and landlord, ensuring the optimal use of the property's industrial space.
Players
Humble Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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