SOLDIndustrial
TF Warren Group Acquires 104957 SF Industrial Building On Hirsch Road In Houston
12001 Hirsch Road
Building Size
104,957 SF
Asset Type
Industrial
Closing
Jun 2, 2025
AI
The transaction involved an industrial property located at 12001 Hirsch Road in Houston. The asset, built in 2010, encompasses a total square footage of 104,957 and is situated on 11.7 acres of land.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Terry Warren - TF Warren Group
- Buyer's Representative: Matt Rogers, Stephen Hazen & Ryan Hartsell - Oxford Partners
- Seller's Representative: Carlton Anderson & Nathan Mai - Mohr Partners
- Market: Houston
Oxford Partners facilitated the sale on behalf of the buyer, TF Warren Group, while Mohr Partners represented the undisclosed seller in this transaction.
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