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6815 Signat Drive

Michael Keegan & Andrew Laycock Of Partners Real Estate Represent Buyer In Houston Industrial Sale
SOLDIndustrial

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

Robert Parsley

Colliers

Broker

$30K

vol

10 deals

Broker

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