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Partners Real Estate Secures 47,736 Square Foot Industrial Lease At 3012 Venergy Drive In Brookshire
LEASED
Texas
See Similar DealsIndustrial47,736 SF
Leased 09/03/2024
LEASED
Partners Real Estate Secures 47,736 Square Foot Industrial Lease At 3012 Venergy Drive In Brookshire
3012 Venergy Drive
See Similar DealsIndustrial47,736 SF
Leased 09/03/2024
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:47,736 SF
Transaction Type:Lease
The property involved in this transaction is a 47,736-square-foot industrial building located at 3012 Venergy Drive in the Brookshire market of Houston. The asset is under the management of VEnergy Industrial Park I LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 47,736
- Address: 3012 Venergy Drive
- Market: Brookshire
- Landlord: VEnergy Industrial Park I LLC
- Landlord's Representative: Braedon Emde & Travis Land - Partners Real Estate
- Tenant's Representative: Jon Farris - CBRE
Travis Land and Braedon Emde from Partners Real Estate represented the landlord in the lease transaction, while Jon Farris of CBRE represented the tenant, ensuring a successful agreement for the single-tenant industrial space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,736,198.71
Total Lease Value
$27,361,987.14
Net Landlord Cash Flow$2,736,198.71
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