Brian Sanders Sells Industrial Property At 1301 Lathrop Street In Houston With Rep Trent Grothues
1301 Lathrop Street
Building Size
45,000 SF
Asset Type
Industrial
Closing
Sep 29, 2025
AI
The property involved in this transaction is an industrial asset situated at 1301 Lathrop Street in Houston. The total square footage of the property is 45,000 square feet. The seller of the property is Brian Sanders.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1301 Lathrop Street
- Market: Houston
- Seller: Brian Sanders
- Buyer's Representative: Derick Perkins, Kyle Fischer, Jonas Fertitta - Alpine Partners
- Seller's Representative: Trent Grothues - Pollan Hausman
- Debt Broker: Troup Rolland - Capital Real Estate Commercial
The transaction involved key individuals, with Derick Perkins, Kyle Fischer, and Jonas Fertitta representing the buyer through Alpine Partners. The seller was represented by Trent Grothues from Pollan Hausman, while Troup Rolland from Capital Real Estate Commercial acted as the debt broker in the deal.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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