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17520 Eastex Freeway

ELLAXA Acquires 55,900 Square-Foot Industrial Property In Humble From Urban Eastex LP
SOLDIndustrial

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:

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

Robert McGee

Colliers

Broker

$18M

vol

13 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage

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