facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

3750 Greenbriar Drive, Hous...

Rising Realty Partners Acquires Industrial Property In Houston For 14.56 Acres
SOLDIndustrial

Rising Realty Partners Acquires Industrial Property In Houston For 14.56 Acres

3750 Greenbriar Drive, Houston, TX, USA

Building Size

245,495 SF

Asset Type

Industrial

Closing

Nov 17, 2021

AI

Andrew Pappas, Trent Agnew, and Charlie Strauss facilitated the sale of an industrial property located at 3750 Greenbriar Dr in Houston. The transaction took place on November 17, 2021. The property spans an area of 14.56 acres with a total square footage of 245,495.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 3750 Greenbriar Dr
  • Market: Houston
  • Property Size: 14.56 acres
  • Total Square Footage: 245,495

Rising Realty Partners acquired the property from Partners Capital. Andrew Pappas represented the seller, while Trent Agnew and Charlie Strauss, from JLL, served as the brokers in the transaction.

Players

Charlie Strauss

JLL

Broker

30 deals

Broker
RP
Rising Realty PartnersBuyer
S3 Capital
S3 CapitalLender

Houston Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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