Custom Goods LLC Leases 353,600 SF Industrial Space At 515 Post Oak Blvd Houston With Barry Hill & Doug Nicholson Representing The Tenant And Justin Robinson & Woody Hillyer Representing The Landlord
LEASED
Texas
See Similar DealsIndustrial353,600 SF
Leased 06/16/2021
LEASED
Custom Goods LLC Leases 353,600 SF Industrial Space At 515 Post Oak Blvd Houston With Barry Hill & Doug Nicholson Representing The Tenant And Justin Robinson & Woody Hillyer Representing The Landlord
515 Post Oak Boulevard, Houston, TX, USA
See Similar DealsIndustrial353,600 SF
Leased 06/16/2021
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:353,600 SF
Transaction Type:Lease
The industrial property located at 515 Post Oak Blvd in Houston has been leased. The property spans 353,600 square feet and is owned by Principal Real Estate Investors.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Custom Goods LLC
- Tenant's Representative: Barry Hill & Doug Nicholson - Newmark
- Landlord: Principal Real Estate Investors
- Landlord's Representative: Justin Robinson & Woody Hillyer - Stream Realty Partners
- Square Footage: 353,600
Barry Hill and Doug Nicholson from Newmark represented the tenant, Custom Goods LLC, in the lease transaction. Justin Robinson and Woody Hillyer from Stream Realty Partners represented the landlord, Principal Real Estate Investors.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$20,268,138.62
Total Lease Value
$202,681,386.23
Net Landlord Cash Flow$20,268,138.62
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