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Very Best of Texas Inc Leases 45,590 SF Industrial Space In Houston

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LEASED
Joseph (Joe) Smith
Savannah (Stait) Smith
Jacob Summers
+ 1

Texas

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Industrial45,590 SF
Leased 03/14/2024
the dealplayerscompscontact
Property Image
LEASED

Very Best of Texas Inc Leases 45,590 SF Industrial Space In Houston

7350 Langfield Road

See Similar Deals
Industrial45,590 SF
Leased 03/14/2024
Joseph (Joe) Smith
Savannah (Stait) Smith
Jacob Summers
+ 1
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:45,590 SF
Transaction Type:Lease

An industrial property spanning 45,590 square feet located at 7350 Langfield Road in Houston was involved in a recent lease transaction. The deal took place between the landlord, Cinch Kit LLC, and the tenant, Very Best of Texas Inc.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 7350 Langfield Road
  • Market: Houston
  • Landlord: Cinch Kit LLC
  • Tenant: Very Best of Texas Inc

The industrial sublease at 7350 Langfield Road was brokered by Jacob Summers & Stephen Hazen of Oxford Partners, representing the tenant, Very Best of Texas Inc. On the other side, representing the landlord, Cinch Kit LLC, were Joseph Smith & Savannah Smith from CBRE.

Players

Joseph (Joe) Smith
CBRE
Joseph Smith
11 deals$30.9M volume(619) 696-8325
BROKER
Savannah (Stait) Smith
CBRE
Savannah Smith
4 deals(713) 577-1851
BROKER
Jacob Summers
Oxford Partners
Jacob Summers
4 deals(832) 790-4200
BROKER
Stephen Hazen
Oxford Partners
Stephen Hazen
7 deals(713) 878-7502
BROKER

Details

LEASED
IMAGE: Joseph Smith, Savannah Smith, Jacob Summers & Stephen Hazen DATE: 03/14/2024 ADDRESS: 7350 Langfield Road MARKET: Houston ASSET TYPE: Industrial ~ SF: 45,590 LANDLORD: Cinch Kit LLC TENANT: Very Best of Texas Inc LANDLORD'S REP: Joseph Smith & Savannah Smith (@SavannahSmiithh) - CBRE (@CBRE) TENANT'S REP: Jacob Summers & Stephen Hazen - Oxford Partners (@OxfordPartnershtx) NOTE: Oxford Partners brokered a 45,590-square-foot industrial sublease at 7350 Langfield Road in northwest Houston, representing the sublessee, Very Best of Texas Inc., while CBRE represented the sublessor, Cinch Kit LLC.

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Deal Type
Effective Rent (Annual)

$2,613,191.29

Total Lease Value

$26,131,912.89

Net Landlord Cash Flow$2,613,191.29