Updated Mar 4, 2026
Shahrukh Ahmed, Amir Qureshi, Haroon Dosani And Akil Kurji Secure Construction Loan For 92,200 SF Industrial Project In Houston
11220 Fm 1960
$6,300,000
$68/SF
Building Size
92,200 SF
Asset Type
Industrial
Closing
Feb 17, 2026
About this deal
AI
The property involved in this transaction is a flex industrial project located at 11220 FM 1960 in Houston. This asset spans 92,200 square feet and is situated in the FM 1960 corridor, an established market known for its high visibility and small-bay infill properties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Construction loan by City Bank
- Landlord: Shahrukh Ahmed, Amir Qureshi, Haroon Dosani, Akil Kurji
- Attorney: Zeshaan Samani - ESS Law Partners
- Groundbreaking: March
The individuals and companies involved in the deal include Shahrukh Ahmed and Amir Qureshi from Amirhtx, along with Haroon Dosani and Akil Kurji as the landlords. The construction loan was facilitated by City Bank, with legal counsel provided by attorney Zeshaan Samani of ESS Law Partners. The landlords express pride in the execution of the loan closure on February 18, 2026, indicating plans for further developments ahead.
On the Map
$6,300,000
$68/SF
Industrial
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Players
Houston 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93