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3340 Greens Road

Johnson Brothers Of Texas Inc Leases 11250 SF Industrial Space From Prologis In Houston
LEASEDIndustrial

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

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.

Players

Jack Rathe

Stream Realty Partners⁠

Broker

6 deals

Broker
Prologis
PrologisBrokerage
Prologis
PrologisLandlord

Houston 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