Bo Ricks Acquires Industrial Property At 1310 Spears Road In Houston With Buyer’s Rep Jared Gillespie & Peyton Easley
1310 Spears Road
Building Size
17,200 SF
Asset Type
Industrial
Closing
Sep 1, 2025
AI
The property asset involved in the transaction is an industrial facility located at 1310 Spears Road in Houston. The square footage of the asset is 17,200. The specifics regarding the transaction amount are not disclosed in the available information.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1310 Spears Road
- Market: Houston
- Buyer: Bo Ricks
- Buyer's Representative: Jared Gillespie & Peyton Easley - Titan Commercial
Key individuals involved in this transaction include Bo Ricks, the buyer. Representing Bo Ricks in the transaction are Jared Gillespie and Peyton Easley from Titan Commercial, who facilitated the deal.
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