facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

3265 US Highway 290 West

Berry Cos. Leases Industrial Space In Brenham With George Montes Representing Tenant
LEASEDIndustrial

Berry Cos. Leases Industrial Space In Brenham With George Montes Representing Tenant

3265 US Highway 290 West

Building Size

Asset Type

Industrial

Closing

Mar 12, 2024

AI

An industrial lease for a 12,000-square-foot property located at 3265 US Highway 290 in Brenham, Texas, has been successfully transacted. The deal involved Lindi Braddock from Coldwell Banker Properties Unlimited representing the landlord and George Montes from Cypressbrook Co. representing the tenant, Berry Cos.

Summary of transaction details:

Cypressbrook Co. played a significant role in brokering this industrial lease deal at 3265 US Highway 290. George Montes, representing Berry Cos., and Lindi Braddock, representing the landlord, were key figures ensuring the successful completion of this transaction.

Players

Lindi Braddock

Coldwell Banker

Broker

2 deals

Broker

Brenham Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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