Gutor Electronics America Leases 90,000 Square Feet At Houston Point 290 With Creation Equity
9210 North Highway 6
Building Size
90,000 SF
Asset Type
Industrial
Closing
Apr 21, 2026
AI
The asset involved in the transaction is a 90,000-square-foot industrial property located at 9210 Highway 6 North in Houston. The property is part of Houston Point 290, which comprises a total of 383,076 square feet of industrial development in the northwest area of Houston.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9210 Highway 6 North
- Market: Houston
- Landlord: Creation Equity
- Tenant: Gutor Electronics America
- Brokers: Robert Johnson IV & Charles Fertitta Jr. - Hughes Marino
The lease agreement was facilitated by Robert Johnson IV and Charles Fertitta Jr. from Hughes Marino, representing Gutor Electronics America, while the landlord, Creation Equity, self-represented in the transaction. The lease brings the three-building project to full occupancy.
Players
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