Michael Keegan & Andrew Laycock Of Partners Real Estate Represent Buyer In Houston Industrial Sale
6815 Signat Drive, 6818 Satsuma Drive & 6810 Satsuma Drive
Building Size
92,700 SF
Asset Type
Industrial
Closing
Feb 5, 2026
AI
The property involved in this transaction consists of a ±27,000-SF manufacturing facility, which includes ±3,900 SF of office space and a stabilized yard, situated on ±3.618 acres at 6815 Signat Drive and 6810–6818 Satsuma Drive in Houston, TX. The market for this asset is Houston, and it emphasizes the functional nature of industrial properties with outdoor storage.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Asset Square Footage: 30,900
- Acres: 3.6
- Buyer's Representative: Michael Keegan & Andrew Laycock - Partners Real Estate
- Seller's Representative: Robert Parsley, Zack Taylor & Dan LaGree - Colliers
- Note: Colliers facilitated the sale of a manufacturing facility in Houston, which is strategically located near major transportation corridors for manufacturing, distribution, and service operations.
This transaction was represented by Michael Keegan and Andrew Laycock from Partners Real Estate on the buyer's side, while Robert Parsley, Zack Taylor, and Dan LaGree from Colliers represented the seller. The deal highlights the continued demand for industrial properties catering to various operational needs in the northern region of Houston.
Players
Houston 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