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Colliers Arranges 189000 Square Foot Lease For Provident Industrial At 8020 Northcourt Road
LEASED
+ 1
Texas
See Similar DealsIndustrial189,000 SF
Leased 08/22/2025
LEASED
Colliers Arranges 189000 Square Foot Lease For Provident Industrial At 8020 Northcourt Road
8020 Northcourt Road
See Similar DealsIndustrial189,000 SF
Leased 08/22/2025
+ 1
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:189,000 SF
Transaction Type:Lease
The property asset involved in this transaction is an industrial facility located at 8020 Northcourt Road in the Houston market. The asset encompasses a total square footage of 189,000, occupying 77% of the newly built facility.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 8020 Northcourt Road
- Market: Houston
- Landlord: Leon Backes - Provident Industrial
- Brokers: Robert McGee, Taylor Schmidt & Austin Bartula - Colliers
The lease was arranged by Colliers on behalf of landlord Provident Industrial, successfully securing the lease for the significant portion of the newly constructed industrial facility.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$10,833,365.95
Total Lease Value
$108,333,659.49
Net Landlord Cash Flow$10,833,365.95
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