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Riteks Inc. Expands Lease By 45,185 Square Feet At 845 Greens Parkway In Houston

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LEASED
William Carpenter
Justin Clark
+ 2

Texas

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Industrial45,185 SF
Leased 01/24/2025
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Property Image
LEASED

Riteks Inc. Expands Lease By 45,185 Square Feet At 845 Greens Parkway In Houston

845 Greens Parkway

See Similar Deals
Industrial45,185 SF
Leased 01/24/2025
William Carpenter
Justin Clark
+ 2
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:45,185 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 845 Greens Parkway, Houston, and encompasses a total of 63,917 square feet of industrial space. The specific lease expansion amounts to 45,185 square feet. This industrial asset is situated in the North Houston market.

Summary of transaction details:

The lease transaction involved Riteks Inc., which has expanded its lease at the property. Prologis, represented by Stream Realty Partners, facilitated this arrangement, while Justin Clark of Clark Gaines Properties represented the interests of Riteks Inc.

Players

Jeremy Lumbreras
16 deals(713) 560-0608
BROKER




Hamid Moghadam
Prologis
51 deals$2.6B volume
LANDLORD

Details

LEASED
IMAGE: Hamid Moghadam, Edward Boss, Jeremy Lumbreras, Sherwood Hillyer & William Carpenter & Justin Clark DATE: 01/24/2025 ADDRESS: 845 Greens Parkway MARKET: Houston ASSET TYPE: Industrial ~ SF: 45,185 LANDLORD: Hamid Moghadam - Prologis (@Prologis) TENANT: Edward Boss - Riteks Inc. LANDLORD'S REP: Jeremy Lumbreras (@JerryVaquero), Sherwood Hillyer & William Carpenter - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: Justin Clark - Clark Gaines Properties (@ClarkGainesProperties) NOTE: Riteks Inc. expanded its lease by 45,185 square feet at 845 Greens Parkway, a 63,917-square-foot industrial property in North Houston. Stream Realty Partners represented landlord Prologis, while Justin Clark of Clark Gaines Properties represented Riteks. ⁠ ⁠

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Deal Type
Effective Rent (Annual)

$2,589,976.93

Total Lease Value

$25,899,769.33

Net Landlord Cash Flow$2,589,976.93