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Junction Commercial Real Estate Leases Industrial Property To 4Logic In Houston

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LEASED
Reed Vestal
John Saucer
+ 1

Texas

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Industrial169,677 SF
Leased 01/16/2024
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Property Image
LEASED

Junction Commercial Real Estate Leases Industrial Property To 4Logic In Houston

5115 South Shaver Street

See Similar Deals
Industrial169,677 SF
Leased 01/16/2024
Reed Vestal
John Saucer
+ 1
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:169,677 SF
Transaction Type:Lease

The industrial property located at 5115 South Shaver Street in Houston spans a total of 169,677 square feet. The property is leased to the tenant, 4Logic. The deal was facilitated by Reed Vestal, John Erck, and John Saucer from Junction Commercial Real Estate, representing the landlord, Reed Vestal's company, Junction.

Summary of transaction details:

David Wang from PropNex Realty Group acted as the tenant's representative in the lease transaction. The collaboration between the landlord's representatives, Reed Vestal, John Erck, and John Saucer, from Junction Commercial Real Estate, and David Wang of PropNex Realty Group ensured the successful conclusion of the lease agreement for the industrial property in Houston.

Players

Reed Vestal
12 deals(281) 687-7580
BROKER


John Saucer
Junction Commercial Real Estate
2 deals
BROKER

David Wang
PropNex Realty Group
4 deals$49.2M volume(832) 806-8886
BROKER

Details

LEASED
IMAGE: Reed Vestal, John Erck, John Saucer & David Wang DATE: 01/16/2024 ADDRESS: 5115 South Shaver Street MARKET: Houston ASSET TYPE: Industrial ~ SF: 169,677 OWNER/DEVELOPER: Reed Vestal - Junction TENANT: 4Logic LANDLORD'S REP: Reed Vestal (@Reed_Vestal), John Erck (@JohnErck) & John Saucer (@JaSaucer) - Junction Commercial Real Estate (@JunctionCRE) TENANT'S REP: David Wang - PropNex Realty Group

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Deal Type
Effective Rent (Annual)

$9,725,783.25

Total Lease Value

$97,257,832.50

Net Landlord Cash Flow$9,725,783.25