Interwell US Leases 18.5K SF Industrial Space At Four Seasons Business Park Houston
6832 Bourgeois Road
Building Size
18,471 SF
Asset Type
Industrial
Closing
Jan 3, 2024
AI
Houston's Finial Group has facilitated an 18,471-square-foot industrial lease at 6832 Bourgeois Road in Four Seasons Business Park. The undisclosed landlord leased the property to global energy services firm Interwell US. The lease was completed on January 3, 2024.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: N/A
- Market: Houston
- Address: 6832 Bourgeois Road
- Square Footage: 18,471
The lease negotiations were handled by Jack Gaffney and John Buckley of Finial Group, representing Interwell US. They successfully secured the industrial space for their client in Four Seasons Business Park.
Note: John Buckley and Jack Gaffney of Finial Group represented the undisclosed landlord in the lease negotiations.
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