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15211 Woodham Drive

PTR Holland Group Purchases Industrial Asset At 15211 Woodham Drive With Buyer's Rep Titan Commercial
SOLDIndustrial

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

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:

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.

Players

Peyton Easley

Titan Commercial

Broker

11 deals

Broker

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