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Highway 90 Brookshire

Pointsmith Leases 94,931 Square Feet At Empire West Business Park In Brookshire Texas
LEASEDIndustrial

Pointsmith Leases 94,931 Square Feet At Empire West Business Park In Brookshire Texas

Building Size

94,931 SF

Asset Type

Industrial

Closing

May 20, 2025

AI

The property involved in this transaction is an industrial asset located at Interstate 10 & Highway 90 in Brookshire, Texas, encompassing a total of 94,931 square feet. The asset is situated within the Empire West Business Park.

Summary of transaction details:

Pointsmith has secured a lease for the specified square footage at the Empire West Business Park. The landlord was represented by Stream Realty Partners’ brokers Jeremy Lumbreras, Heath Donica, Justin Robinson, and Matteson Hamilton, while the tenant was represented by Abraham Richardson and Grant Wisenbaker of Stream Realty Partners.

Players

Matteson Hamilton

Stream Realty Partners⁠

Broker

9 deals

Broker

Market 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