Updated Sep 29, 2026
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.
On the Map
Industrial
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Players
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