Updated Jul 3, 2026
Axis Partners Acquisitions Acquires Industrial Property In Houston From Peggy L. Wright
13430 Conklin Lane
Building Size
5,200 SF
Asset Type
Industrial
Closing
Jun 4, 2026
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 13430 Conklin Lane in Houston, featuring a total square footage of 5,200. The transaction occurred on June 5, 2026.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 13430 Conklin Lane
- Market: Houston
- Seller: Peggy L. Wright
- Buyer: Axis Partners Acquisitions
- Buyer's Representative: Andrew Laycock - Partners Real Estate
- Seller's Representative: Chaundra Hugel Broughton, CCIM - KW Commercial
The transaction was facilitated by Andrew Laycock representing Axis Partners Acquisitions while Chaundra Hugel Broughton, CCIM acted on behalf of Peggy L. Wright. This exchange underscores the collaboration between the involved parties in the Houston industrial market.
On the Map
Industrial
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Players
Market 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