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Horizon Forest Products Leases 30.6K SF Industrial Space In Houston

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LEASED
Jon Michael
Jon Dale Dieckman
+ 1

Texas

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Industrial30,600 SF
Leased 09/13/2023
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Property Image
LEASED

Horizon Forest Products Leases 30.6K SF Industrial Space In Houston

9284 Baythorne Dr Houston, TX 77040, USA

See Similar Deals
Industrial30,600 SF
Leased 09/13/2023
Jon Michael
Jon Dale Dieckman
+ 1
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:30,600 SF
Transaction Type:Lease

Horizon Forest Products has leased 30,600 square feet of industrial space located at 9284 Baythorne Drive in northwest Houston. The property, owned by Teachers Insurance & Annuity Association of America and represented by Thasunda Duckett, offers a spacious and versatile area for industrial activities. The lease transaction took place on September 13, 2023, with Bridge Commercial Real Estate serving as the landlord's representative and Cypressbrook Co. representing the tenant.

Summary of transaction details

The lease of the industrial space at 9284 Baythorne Drive in Houston was facilitated by Bridge Commercial Real Estate as the landlord's representative. Thasunda Duckett, the owner of the property on behalf of Teachers Insurance & Annuity Association of America, worked alongside Jon Michael, Ed Bane, and Jon Dale Dieckman from Bridge Commercial Real Estate. On the other side of the transaction, Cypressbrook Co. represented Horizon Forest Products, with David Williams leading the tenant's team. This lease showcases the cooperation and expertise of the individuals and companies involved in the deal.

Players

Ed Bane
4 deals
BROKER

Jon Michael
Bridge Commercial
3 deals(713) 589-7014
BROKER


Details

LEASED
IMAGE: Thasunda Duckett, David Williams, Jon Michael, Ed Bane, Jon Dale Dieckman & George Montes DATE: 09/13/2023 ADDRESS: 9284 Baythorne Drive MARKET: Houston ASSET TYPE: Industrial ~ SF: 30,600 LANDLORD: Teachers Insurance & Annuity Association of America - Thasunda Duckett TENANT: Horizon Forest Products (@HorizonForestProducts) - David Williams LANDLORD'S REP: Jon Michael, Ed Bane & Jon Dale Dieckman - Bridge Commercial Real Estate (@Bridge.CRE) TENANT'S REP: George Montes - Cypressbrook Co. NOTE: Horizon Forest Products has leased 30,600 square feet of industrial space at 9284 Baythorne Drive in northwest Houston. Bridge Commercial Real Estate represented the landlord, TIAA, while Cypressbrook Co. represented the tenant.

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Deal Type
Effective Rent (Annual)

$1,753,973.53

Total Lease Value

$17,539,735.35

Net Landlord Cash Flow$1,753,973.53