Updated Aug 27, 2026
Stream Realty Partners Preleases 90,961 Square Foot Industrial Space To Oil And Gas Manufacturer In Spring Texas
21737 Holzwarth Road & 21811 Holzwarth Road
Building Size
90,961 SF
Asset Type
Industrial
Closing
Aug 17, 2026
About this deal
AI
The property asset involved in this transaction is located at 21737 & 21811 Holzwarth Road in Spring, TX. It comprises an industrial space totaling 90,961 square feet, which is part of a larger industrial development with a total area of 215,891 square feet. The building has been preleased to a manufacturer serving the oil and gas industry, achieving full occupancy prior to the project's completion.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 90,961
- Address: 21737 & 21811 Holzwarth Road
- Market: Spring, TX
- Landlord's Representative: Tyler Maner, Grant Wisenbaker & Abe Richardson - Stream Realty Partners
- Tenant's Representative: Garrett Thomas, David Munson - Cushman & Wakefield & David Munson
The transaction was facilitated by Stream Realty Partners, which successfully preleased the building ahead of its completion. The other part of the industrial development, a second building with 124,930 square feet, is still available for lease.
Players
Spring 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