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Wallenius Wilhelmsen Leases 273,480 SF Industrial Space In Houston

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LEASED

Texas

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Industrial273,480 SF
Leased 04/26/2024
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LEASED

Wallenius Wilhelmsen Leases 273,480 SF Industrial Space In Houston

7561 South Sam Houston Parkway East

See Similar Deals
Industrial273,480 SF
Leased 04/26/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:273,480 SF
Transaction Type:Lease

The industrial property at 7561 South Sam Houston Parkway East in Houston spans 273,480 square feet and features a cross-dock facility with 48 dock doors and ample parking. The lease transaction involved the landlord, Bob Faith of Greystar Real Estate Partners, and the tenant, Lasse Kristoffersen of Wallenius Wilhelmsen.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 7561 South Sam Houston Parkway East
  • Market: Houston
  • Landlord: Bob Faith - Greystar Real Estate Partners
  • Tenant: Lasse Kristoffersen - Wallenius Wilhelmsen
  • Landlord's Rep: JLL
  • Tenant's Rep: Hoan Le & Quinten Davis - CBRE

CBRE's Hoan Le and Quinten Davis represented the tenant, Wallenius Wilhelmsen, in the lease negotiations for Building 2 at Beltway 35 Business Park. JLL acted on behalf of the landlord, Greystar Real Estate Partners, in facilitating the significant industrial lease deal.

Players

Quinten Davis
1 deal(281) 235-7889
BROKER

Details

LEASED
IMAGE: Bob Faith, Lasse Kristoffersen, Hoan Le & Quinten Davis DATE: 04/26/2024 ADDRESS: 7561 South Sam Houston Parkway East MARKET: Houston ASSET TYPE: Industrial ~ SF: 273,480 LANDLORD: Bob Faith - Greystar Real Estate Partners (@GreystarApartments) TENANT: Lasse Kristoffersen - Wallenius Wilhelmsen LANDLORD'S REP: JLL (@JLL) TENANT'S REP: Hoan Le & Quinten Davis - CBRE (@CBRE) NOTE: CBRE facilitated a significant industrial lease at Beltway 35 Business Park in southeast Houston, securing 273,480 square feet of space for global shipping and logistics firm Wallenius Wilhelmsen. The tenant will occupy Building 2, a cross-dock facility equipped with 48 dock doors and ample parking. Quinten Davis and Hoan Le of CBRE represented the tenant in lease negotiations, while JLL acted on behalf of the landlord, Greystar Real Estate Partners.

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Deal Type
Effective Rent (Annual)

$15,675,708.57

Total Lease Value

$156,757,085.71

Net Landlord Cash Flow$15,675,708.57