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301 Bennington Street

Updated Sep 29, 2026

Rivergate Capital Acquires 33,000 Square Foot Industrial Complex In Houston From Crescere Capital
SOLDIndustrial

Rivergate Capital Acquires 33,000 Square Foot Industrial Complex In Houston From Crescere Capital

301 Bennington Street

Building Size

33,000 SF

Asset Type

Industrial

Closing

Sep 23, 2026

About this deal

AI

The property asset involved in the transaction is an industrial complex located at 301 Bennington Street, Houston, TX. The asset spans 33,000 square feet and occupies 1.3 acres within the Bennington Business Park. Rivergate Capital is the buyer that has acquired this property from Crescere Capital Management.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 33,000
  • Address: 301 Bennington Street
  • Market: Houston, TX
  • Buyer: Rivergate Capital
  • Seller: Crescere Capital Management
  • Seller's Representative: Stephen Ghedi & Lawton Anderson - Moody Rambin
  • Land Area: 1.3 acres

Moody Rambin's Stephen Ghedi and Lawton Anderson represented Crescere Capital Management in this transaction, facilitating the sale of the industrial complex to Rivergate Capital. The deal highlights the involvement of experienced representatives in managing the complexities of property transactions.

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Industrial

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Players

Stephen Ghedi

Moody Rambin

Broker

3 deals

Broker
RC
Rivergate CapitalBuyer
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Bennington 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

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