Marquis Distributors Expands Industrial Lease By 23130 SF At 525 Julie Rivers Drive In Sugar Land
525 Julie Rivers Drive
Building Size
23,130 SF
Asset Type
Industrial
Closing
Jul 18, 2025
AI
The property involved in the transaction is an industrial asset located at 525 Julie Rivers Drive in Sugar Land. It encompasses a total square footage of 23,130. The landlord of the property is Oxford Properties, and the tenant is Marquis Distributors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Specified
- Address: 525 Julie Rivers Drive
- Market: Sugar Land
- Landlord: Oxford Properties
- Tenant: Marquis Distributors
- Brokers: Will Mason, Tyler Maner, Boone Smith, Garret Geaccone & Natalie Gilbert - Stream Realty Partners
This transaction highlights the involvement of Stream Realty Partners, who represented both the tenant, Marquis Distributors, and the landlord, Oxford Properties, in the lease expansion deal.
Players
Sugar Land 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