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Partners Real Estate Secures Industrial Lease For Tecmag In West Houston

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LEASED
Jon Silberman
Boone Smith
Luke Petherbridge

Texas

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LEASED

Partners Real Estate Secures Industrial Lease For Tecmag In West Houston

3630 Westchase Drive

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Industrial
Leased
Jon Silberman
Boone Smith
Luke Petherbridge
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Summary

TEXAS
Asset Type:Industrial
Transaction Type:Lease

An industrial lease for a 16,764-square-foot property located at 3630-3668 Westchase Drive in West Houston has been secured. The property is owned by Link Logistics Real Estate and the tenant is Tecmag, represented by Dr. Scott Riley. The lease was brokered by Jon Silberman and Pierce Beyer of Partners Real Estate, who represented Tecmag, and Boone Smith of Stream Realty Partners, who represented Link Logistics Real Estate.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: 3630-3668 Westchase Drive
  • Market: Houston

The lease for the property at 3630-3668 Westchase Drive in West Houston was secured by Tecmag, represented by Dr. Scott Riley. Link Logistics Real Estate, the landlord, was represented by Boone Smith of Stream Realty Partners. Partners Real Estate, through Jon Silberman and Pierce Beyer, brokered the deal on behalf of Tecmag.

Players

Jon Silberman
Partners Real Estate
Jon Silberman
12 deals(713) 985-4620
BROKER
Boone Smith
Stream Realty Partners⁠
Boone Smith
12 deals(281) 726-1299
BROKER
Luke Petherbridge
Link Logistics Real Estate
Luke Petherbridge
15 deals$1B volume
LANDLORD

Details

LEASED
IMAGE: Luke J. Petherbridge, Scott Riley, Boone Smith & Jon Silberman DATE: 11/28/2023 ADDRESS: 3630-3668 Westchase Drive MARKET: Houston ASSET TYPE: Industrial LANDLORD: Link Logistics Real Estate (@LinkLogisticsre) - Luke J. Petherbridge TENANT: Tecmag (@Tecmag) - Dr. Scott Riley LANDLORD'S REP: Boone Smith - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: Jon Silberman - Partners Real Estate (@Partners_cre) NOTE: Partners Real Estate secured a 16,764-square-foot industrial lease for Tecmag at 3630-3668 Westchase Drive in West Houston. Jon Silberman and Pierce Beyer of Partners represented the tenant, while Boone Smith of Stream Realty Partners represented the landlord, Link Logistics Real Estate. ⁠

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97