Updated Jan 28, 2026
Shahrukh Ahmed Umar Qureshi Sunil Parmar Landlord Secures Construction Loan From Integrity Bank For Industrial Asset
18660 Kuykendahl Road
$6,000,000
$100/SF
Building Size
60,000 SF
Asset Type
Industrial
Closing
Nov 3, 2025
About this deal
AI
The property asset involved in this transaction is an industrial building located at 18660 Kuykendahl Road in Spring, featuring a square footage of 60,000. The loan type associated with this property is a construction loan, provided by Integrity Bank.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 60,000
- Address: 18660 Kuykendahl Road
- Market: Spring
- Lender: Integrity Bank
- Landlord: Shahrukh Ahmed, Umar Qureshi, Akil Kurji & Sunil Parmar - Nextforce Capital Kuykendahl LP
- Loan Type: Construction
The key individuals involved in this deal include Shahrukh Ahmed, Umar Qureshi, Akil Kurji, and Sunil Parmar, who represent the landlord in this transaction under the entity Nextforce Capital Kuykendahl LP.
On the Map
$6,000,000
$100/SF
Industrial
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Players
Spring Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93