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NVntori Signs 300,000 Square Foot Industrial Lease At 9255 Railwood Drive In Houston

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LEASED

Texas

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Industrial300,000 SF
Leased 10/18/2024
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LEASED

NVntori Signs 300,000 Square Foot Industrial Lease At 9255 Railwood Drive In Houston

9255 Railwood Drive

See Similar Deals
Industrial300,000 SF
Leased 10/18/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:300,000 SF
Transaction Type:Lease

The property asset involved in the transaction is located at 9255 Railwood Drive in Houston. This industrial asset encompasses a total square footage of 300,000, indicating a significant size suitable for logistics and supply chain operations.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 9255 Railwood Drive
  • Market: Houston
  • Landlord: David Luski - DRA Advisors
  • Tenant: nVntori
  • Landlord's Representative: Boone Smith & Garret Geaccone - Stream Realty Partners
  • Tenant's Representative: Kent Willis - Colliers
  • Lease Type: Full-building lease

The deal involved David Luski representing DRA Advisors as the landlord, while nVntori, a logistics and supply chain solutions provider, was represented by Kent Willis from Colliers. Boone Smith and Garret Geaccone from Stream Realty Partners played a crucial role in negotiating on behalf of the landlord during the lease agreement for this large industrial space.

Players

Boone Smith
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Details

LEASED
IMAGE: David Luski, Boone Smith, Garret Geaccone & Kent Willis DATE: 10/18/2024 ADDRESS: 9255 Railwood Drive MARKET: Houston ASSET TYPE: Industrial ~ SF: 300,000 LANDLORD: David Luski - DRA Advisors TENANT: nVntori LANDLORD'S REP: Boone Smith & Garret Geaccone (@GarretGeaccone/) - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: Kent Willis - Colliers (@ColliersInternational) NOTE: Stream Realty Partners secured a 300,000-square-foot full-building industrial lease at 9255 Railwood Drive in northeast Houston for nVntori, a logistics and supply chain solutions provider. Boone Smith and Garret Geaccone represented the landlord, DRA Advisors, while Kent Willis of Colliers represented the tenant in the negotiations. ⁠

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Deal Type
Effective Rent (Annual)

$17,195,818.97

Total Lease Value

$171,958,189.67

Net Landlord Cash Flow$17,195,818.97