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10001 Fannin Street

Franz F. Colloredo-Mansfeld Of Cabot Properties Acquires 370,000 SF Industrial Portfolio In Houston
SOLDIndustrial

Franz F. Colloredo-Mansfeld Of Cabot Properties Acquires 370,000 SF Industrial Portfolio In Houston

10001 Fannin Street & 11030 Almeda Road

Building Size

740,000 SF

Asset Type

Industrial

Closing

Jan 30, 2026

AI

Cabot Properties acquired a fully leased industrial portfolio located at 10001 Fannin Street and 11030 Almeda Road in Houston. The asset comprises two buildings with a total square footage of 370,000. The properties are strategically positioned near Loop 610 and include a 2002 cross-dock facility and a 2022 front-load building, both featuring clear heights of 30–32 feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 370,000
  • Address: 10001 Fannin Street & 11030 Almeda Road
  • Market: Houston
  • Buyer: Franz F. Colloredo-Mansfeld - Cabot Properties
  • Seller: Peter A. Merrigan - Taurus Investment Holdings
  • Brokerage Firm: JLL
  • Key Individuals: Trent Agnew, Charles Strauss, Lance Young, Brooke Petzold, Dawson Hastings

JLL Capital Markets represented the seller, Taurus Investment Holdings, in this transaction. The sale reflects ongoing investor interest in infill warehouse assets, highlighting the demand in the industrial sector. The acquisition aligns with market trends favoring properties with strong leasing profiles.

Players

Charlie Strauss

JLL

Broker

30 deals

Broker
JLL
JLLBrokerage

Franz F. Colloredo-Mansfeld

Cabot Properties

Buyer

$536.7M

vol

12 deals

Buyer
Cabot Properties
Cabot PropertiesBuyer
Peter A. Merrigan

Peter A. Merrigan

Taurus Investment Holdings

Seller

$1.2B

vol

13 deals

Seller
Taurus Investment Holdings
Taurus Investment HoldingsSeller

Houston Industrial Market Snapshot

Boundary boundary · Industrial · Sale 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