Stream Realty Partners Leases 212,800 SF Industrial Space In Houston
9333 South Sam Houston Parkway West, Houston, TX, USA
Building Size
212,800 SF
Asset Type
Industrial
Closing
Dec 20, 2020
AI
The leased property located at 9333 South Sam Houston Parkway W. in Houston was involved in a recent transaction. The asset is an industrial space with a total area of 212,800 square feet. The lease was executed on 12/21/2020.
Summary of transaction details
- Property Type: Industrial
- Tenants: Advanced Wheel Sales, Edvivi Lighting, Rasa Floors, & Texas Plumbing Supply
- Landlord: 4M Investments & Clarion Partners, LLC
- Brokers: Matteson Hamilton, Justin Robinson, & Woody Hillyer - Stream Realty Partners
The deal involved several tenants, including Advanced Wheel Sales, Edvivi Lighting, Rasa Floors, and Texas Plumbing Supply. The lease was facilitated by Stream Realty Partners, specifically Matteson Hamilton, Justin Robinson, and Woody Hillyer.
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