Ideal Steel Leases 66000 Square Feet From Welcome Group At 5900 Brittmoore Rd Houston
LEASED
Texas
See Similar DealsIndustrial66,000 SF
Leased 10/04/2016
LEASED
Ideal Steel Leases 66000 Square Feet From Welcome Group At 5900 Brittmoore Rd Houston
5900 Brittmoore Rd, Houston, TX, 770...
See Similar DealsIndustrial66,000 SF
Leased 10/04/2016
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:66,000 SF
Transaction Type:Lease
The transaction involves the lease of 66,000 square feet of industrial manufacturing space located at 5900 Brittmoore Rd, Houston, TX 770. This property is situated in the Houston market.
Summary of transaction details:
- Property Type: Industrial Leasing
- Transaction Amount: Not specified
- Square Feet: 66,000
- Tenant: Ideal Steel
- Landlord: Welcome Group
- Tenant's Representatives: Darren O’Conor - NAI Capital, Jake Wilkinson - NAI Capital
- Landlord’s Representative: Ryan Wasaff
Darren O’Conor and Jake Wilkinson from NAI Capital represented Ideal Steel in this leasing transaction. Ryan Wasaff acted on behalf of the landlord, Welcome Group, to facilitate the deal.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,783,080.17
Total Lease Value
$37,830,801.73
Net Landlord Cash Flow$3,783,080.17
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