facebook
Traded Co logo
Submit
Daily limit: 0/10

Porcelanosa USA Leases 70K SF Industrial Space At The Business Center At Five Corners In Houston

Property Image
LEASED
Joseph (Joe) Smith
Savannah (Stait) Smith
+ 1

Texas

See Similar Deals
Industrial70,000 SF
Leased 08/23/2023
the dealplayerscompscontact
Property Image
LEASED

Porcelanosa USA Leases 70K SF Industrial Space At The Business Center At Five Corners In Houston

4610 S Sam Houston Pkwy W Houston, TX 77053, USA

See Similar Deals
Industrial70,000 SF
Leased 08/23/2023
Joseph (Joe) Smith
Savannah (Stait) Smith
+ 1
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:70,000 SF
Transaction Type:Lease

Porcelanosa USA has leased a 70,000 square foot industrial space at The Business Center at Five Corners in Houston. This property is owned by Levey Group and ANICO Eagle, and it is located at 4610 South Sam Houston Pkwy West. The industrial space is part of an industrial complex which offers a prime location for businesses to operate in Houston's bustling market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 4610 South Sam Houston Pkwy West, Houston
  • Market: Houston
  • Asset Size: 70,000 square feet

The lease negotiations for this property were facilitated by two prominent real estate companies. CBRE, represented by Nathan Wynne, Joseph Smith, and Savannah Smith, acted as the landlord's representative. On the other hand, John Talhelm from JLL served as the tenant's representative for Porcelanosa USA. These individuals played vital roles in bridging the leasing agreement between the landlord, Levey Group and ANICO Eagle, and the tenant, Porcelanosa USA.

This lease agreement signifies Porcelanosa USA's expansion plans and their choice of The Business Center at Five Corners as the ideal location for their operations within the Houston market. The property's strategic location, combined with its spacious 70,000 square feet, provides Porcelanosa USA with the necessary space to thrive in the industrial sector. The lease agreement represents a significant milestone for all parties involved, paving the way for mutual success in the Houston market.

Players

Nathan Wynne
21 deals$170.5K volume(713) 577-1724
BROKER

Joseph (Joe) Smith
CBRE
11 deals$30.9M volume(619) 696-8325
BROKER



LANDLORD

Details

LEASED
IMAGE: John Talhelm, Nathan Wynne, Joseph Smith & Savannah Smith DATE: 08/23/2023 ADDRESS: 4610 South Sam Houston Pkwy West MARKET: Houston ASSET TYPE: Industrial ~ SF: 70,000 LANDLORD: Levey Group & ANICO Eagle TENANT: Porcelanosa USA LANDLORD'S REP: Nathan Wynne, Joseph Smith & Savannah Smith - CBRE (@CBRE) TENANT'S REP: John Talhelm (@John.Talhelm) - JLL (@JLL) NOTE: Porcelanosa USA leased a 70,000 sq ft industrial space at The Business Center at Five Corners in Houston, owned by Levey Group and ANICO Eagle. CBRE and JLL facilitated the lease negotiations.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$4,012,357.76

Total Lease Value

$40,123,577.59

Net Landlord Cash Flow$4,012,357.76