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
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