Updated Oct 29, 2024
Greenlaw Partners Acquires Industrial Property In Houston, TX From Clay Development & Construction Inc
13600 John Fitzgerald Kennedy Boulevard
Building Size
280,620 SF
Asset Type
Industrial
Closing
Nov 30, 2022
About this deal
AI
The industrial property located at 13600 John F Kennedy Blvd in Houston, TX has been sold in a recent transaction. The property spans across a total area of 280,620 square feet, making it an attractive asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 13600 John F Kennedy Blvd, Houston, TX
- Market: Houston, TX
The buyer of the property is Greenlaw Partners, represented by Mikheel Davankar. On the other hand, the seller is Clay Development & Construction Inc.
Trent Agnew, from JLL, acted as the broker in this transaction.
On the Map
Industrial
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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