Acuren Inspection Renews 10,829 SF Industrial Lease In Houston
6810 Bourgeois Road & 6838 Bourgeois Road
Building Size
21,658 SF
Asset Type
Industrial
Closing
Nov 30, 2023
AI
An engineering firm, Acuren Inspection, has renewed its 10,829-square-foot industrial lease in Four Seasons Business Park located at 6810-6838 Bourgeois Road in northwest Houston. This property is part of the industrial asset type, offering ample space for the firm's operations.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Square Footage: 10,829
- Address: 6810-6838 Bourgeois Road
- Market: Houston
Acuren Inspection's lease renewal was facilitated by the undisclosed landlord. Representing the landlord in the deal were Jack Gaffney III and John Buckley from Finial Group. On the tenant's side, Judd Harrison from KBC Advisors served as Acuren Inspection's representative.
Players
Houston 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