The property involved in the transaction is a 17,250-square-foot industrial flex property located at 850 E Little York Rd, Houston, TX. The structure was built in 1975 and features 12-foot clear heights, two dock-high doors, and six drive-in doors.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Market: Houston
• Borrower's Representative: Michael Borden - NorthMarq
• Lender: Undisclosed Institutional Investor
• Loan Type: Nonrecourse
• Loan Term: Five-year
• Interest Rate: Fixed
• Amortization Schedule: 25 years

The deal was arranged by Michael Borden of NorthMarq, representing the borrower. The identity of the borrower and the direct lender has not been disclosed in the context of this transaction.