Updated Nov 5, 2025
Timber Hill Group Acquires Industrial Property From BioUrja Group In Katy For 55,532 SF
29315 Highway Boulevard
Building Size
55,532 SF
Asset Type
Industrial
Closing
Oct 12, 2025
About this deal
AI
The property asset involved in the transaction is an industrial facility located at 29315 Highway Boulevard in Katy. This asset encompasses 55,532 square feet situated on a 44.6-acre lot, contributing to the industrial market of the area.
Summary of transaction details:
- Property Type: Industrial/IOS
- Transaction Amount: Not disclosed
- Address: 29315 Highway Boulevard
- Market: Katy
- Square Footage: 55,532
- Acreage: 44.6
- Buyer: Timber Hill Group
- Seller: BioUrja Group
- Seller's Representative: Hunter Stockard & Wyatt Huff - Partners Real Estate
This transaction involved Timber Hill Group as the buyer and BioUrja Group as the seller, with representation from Hunter Stockard and Wyatt Huff, both partners at Partners Real Estate. Their roles were pivotal in facilitating the deal between the two parties.
On the Map
Industrial
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Players
Katy 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