ELLAXA Acquires 55,900 Square-Foot Industrial Property In Humble From Urban Eastex LP
17520 Eastex Freeway
Building Size
55,900 SF
Asset Type
Industrial
Closing
Dec 22, 2025
AI
The property asset involved in the transaction is a 55,900-square-foot industrial warehouse located at 17520 Eastex Freeway Road in the Humble market. The asset is situated on 2.49 acres and provides direct access to the Eastex Freeway and proximity to Bush Intercontinental Airport, making it advantageous for logistical operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 17520 Eastex Freeway Road
- Market: Humble
- Buyer: ELLAXA
- Seller: Urban Eastex, LP
- Brokers: Robert McGee, Barkley Peschel, Taylor Schmidt, Sinem Arikan & Austin Bartula - Colliers
Colliers facilitated the sale of the Humble Commerce Center – Building 2, supporting ELLAXA’s expansion into Texas. The deal reflects the strong demand for modern industrial facilities in northeast Houston, as represented by the brokerage team involved in the transaction.
Players
Humble 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