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OKT Lighting USA Leases 43760 Square Feet At 2304 Reed Road In Houston Industrial Market

Property Image
LEASED
Jim Foreman
Tyler Maner
Allison Bergmann
+ 1

Texas

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Industrial43,760 SF
Leased 11/25/2024
the dealplayerscompscontact
Property Image
LEASED

OKT Lighting USA Leases 43760 Square Feet At 2304 Reed Road In Houston Industrial Market

2304 Reed Road

See Similar Deals
Industrial43,760 SF
Leased 11/25/2024
Jim Foreman
Tyler Maner
Allison Bergmann
+ 1
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:43,760 SF
Transaction Type:Lease

The property asset involved in the transaction is an industrial space located at 2304 Reed Road, Houston. It encompasses a total area of 43,760 square feet suitable for LED lighting operations.

Summary of transaction details:

This lease has enabled OKT Lighting USA to establish its operations within a significant industrial space in South Houston. The transaction was facilitated by Stream Realty Partners representing the tenant, while Cushman & Wakefield acted on behalf of the landlord, Hines.

Players

Tyler Maner
Stream Realty Partners⁠
Tyler Maner
11 deals
BROKER
Jim Foreman
Cushman & Wakefield
Jim Foreman
4 deals
BROKER
Allison Bergmann
Cushman & Wakefield
Allison Bergmann
4 deals(713) 963-2865
BROKER
Will Mason
Stream Realty Partners⁠
Will Mason
4 deals(713) 300-0279
BROKER

Details

LEASED
IMAGE: Laura Hines-Pierce, Allison Bergmann, Jim Foreman, Tyler Maner & Will Mason DATE: 11/25/2024 ADDRESS: 2304 Reed Road MARKET: Houston ASSET TYPE: Industrial ~ SF: 43,760 LANDLORD: Laura Hines-Pierce (@TXHines57) - Hines (@Hines) TENANT: OKT Lighting USA LANDLORD'S REP: Allison Bergmann (@Allison4983) & Jim Foreman - Cushman & Wakefield (@CushWake) TENANT'S REP: Tyler Maner & Will Mason - Stream Realty Partners⁠ (@StreamRealtyPartners) NOTE: OKT Lighting USA leased 43,760 square feet at 2304 Reed Road in South Houston for its LED lighting operations. Stream Realty Partners represented the tenant, while Cushman & Wakefield represented the landlord, Hines. ⁠

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Deal Type
Effective Rent (Annual)

$2,508,296.79

Total Lease Value

$25,082,967.93

Net Landlord Cash Flow$2,508,296.79