Updated Nov 14, 2025
Johnson Brothers Of Texas Inc Leases 11250 SF Industrial Space From Prologis In Houston
3340 Greens Road
Building Size
11,250 SF
Asset Type
Industrial
Closing
Nov 5, 2025
About this deal
AI
The property involved in this transaction is an industrial building located at 3340 Greens Road in Houston. The total square footage of the asset is 11,250 SF, and it is part of a larger 126,968-SF facility owned by Prologis.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3340 Greens Road
- Market: Houston
- Landlord: Prologis
- Tenant: Johnson Brothers of Texas Inc
- Landlord's Representatives: Jack Rathe & Natalie Gilbert - Stream Realty Partners; Kyle Whieldon - Prologis
- Tenant's Representative: Ryan Hartsell - Oxford Partners
In this transaction, Ryan Hartsell represented Johnson Brothers of Texas Inc. while the landlord, Prologis, was represented by Jack Rathe and Natalie Gilbert from Stream Realty Partners, alongside Kyle Whieldon from Prologis.
On the Map
Industrial
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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