Greenlaw Partners Acquires Industrial Property On John F Kennedy Blvd, Houston, TX
13600 John Fitzgerald Kennedy Boulevard, Houston, Texas 77032, United States
Building Size
280 SF
Asset Type
Industrial
Closing
Nov 30, 2022
AI
A 280,620 square foot industrial property located at 13600 John F Kennedy Blvd in Houston, TX was recently sold. The sale took place on November 30, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
The buyer of the property was Greenlaw Partners, represented by Mikheel Davankar. The seller was Clay Development & Construction Inc. The deal was facilitated by Trent Agnew from JLL.
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