Updated Dec 13, 2024
PTR Holland Group Purchases Industrial Asset At 15211 Woodham Drive With Buyer's Rep Titan Commercial
15211 Woodham Drive
Building Size
63,000 SF
Asset Type
Industrial
Closing
Dec 6, 2024
About this deal
AI
The property asset involved in this transaction is located at 15211 Woodham Drive in the Houston market and is categorized as industrial. The details regarding the pricing and square footage have not been specified in the provided context.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 15211 Woodham Drive
- Market: Houston
- Buyer: PTR Holland Group
- Buyer's Representative: Jack Gowan & Peyton Easley - Titan Commercial
- Seller's Representative: Olesya Korneva - Lumicre
Jack Gowan and Peyton Easley, both holding designations as SIOR and CCIM, represented the buyer, PTR Holland Group, in this purchase. The acquisition is intended for the relocation of PTR Holland Group's United States headquarters.
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