EQT Acquires Industrial Asset At 5475 Allen-Genoa Road From Christen Vestal For Closed Transaction
5475 Allen-Genoa Road
Building Size
162,180 SF
Asset Type
Industrial
Closing
Feb 16, 2026
AI
The property asset involved in this transaction is an industrial property located at 5475 Allen-Genoa Road in Houston, featuring a total square footage of 162,180. The sale reflects the activity in the industrial real estate market and is indicative of current trends in property transactions. The transaction occurred on February 17, 2026.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 5475 Allen-Genoa Road
- Market: Houston
- Seller: Christen Vestal - Provident Realty Advisors
- Buyer: EQT
- Seller's Representative: Nathan Wynne - CBRE
This transaction highlights the involvement of EQT as the buyer and Christen Vestal representing Provident Realty Advisors as the seller. Nathan Wynne from CBRE acted as the seller's representative, facilitating the deal between the involved parties.
Players
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