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7500 Uvalde Rd, Houston, TX...

Updated Oct 28, 2024

Lineage Logistics Leases Industrial Property At 7500 Uvalde Rd. In Houston
LEASEDIndustrial

Lineage Logistics Leases Industrial Property At 7500 Uvalde Rd. In Houston

7500 Uvalde Rd, Houston, TX 77049, USA

Building Size

315,111 SF

Asset Type

Industrial

Closing

Sep 14, 2022

About this deal

AI

The industrial property located at 7500 Uvalde Rd. in Houston has been leased. The property spans 315,111 square feet and is owned by Boomerang Interests & CenterSquare Investment Management. The tenant for this lease is Lineage Logistics.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 09/15/2022
  • Address: 7500 Uvalde Rd., Houston
  • Square Footage: 315,111
  • Landlord: Boomerang Interests & CenterSquare Investment Management
  • Tenant: Lineage Logistics

Greg Lehmkuhl was involved in the lease transaction as Lineage Logistics' representative.

Traded’s record for 7500 Uvalde Rd, Houston, TX 77049, USA in Houston, Texas covers a industrial lease from 2022. Published size for 7500 Uvalde Rd, Houston, TX 77049, USA is 315,111 square feet. This page is the Houston, Texas file for the 7500 Uvalde Rd, Houston, TX 77049, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else leased near 7500 Uvalde Rd, Houston, TX 77049, USA around 2022. Cite this Lineage Logistics Leases Industrial Property At 7500 Uvalde Rd. In Houston lease when underwriting similar industrial product around Houston, Texas.

Players

CenterSquare Investment Management
CenterSquare Investment ManagementLandlord

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

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