LBA Realty Acquires 424011 SF Industrial Property In Houston From J.W. Fields & Jeremy Giles
14942 South Post Oak Road
Building Size
424,011 SF
Asset Type
Industrial
Closing
Nov 17, 2025
AI
Constellation Post Oak is a newly developed industrial property located at 14942-15012 South Post Oak Road in Houston, encompassing 424,011 square feet across two buildings. The asset features cross-dock and front-load configurations and was completed in 2023, following land acquisition in 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 424,011 SF
- Address: 14942-15012 South Post Oak Road
- Market: Houston
- Buyer: LBA Realty
- Seller: J.W. Fields & Jeremy Giles - Constellation Real Estate Partners
- Broker: Nathan Wynne - CBRE
- Leasing Status: 82% leased to D&R Signs and US Elogistics Services
J.W. Fields and Jeremy Giles represented Constellation Real Estate Partners in this transaction, highlighting their strategic exit after executing the development and leasing strategy for the property. The deal was facilitated by Nathan Wynne of CBRE, indicating the involvement of experienced parties in the transaction.
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