William R. Crooker Of Stag Industrial Acquires Industrial Asset From Jeffrey Phelan In Humble
7491 Rankin Road
Building Size
—
Asset Type
Industrial
Closing
Sep 26, 2025
AI
The sale involves an industrial property located at 7491 Rankin Road in Humble. The transaction represents an asset with specific characteristics tied to the industrial market. Details of the price, square footage, and specific market value are defined within the closed transaction context.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: William R. Crooker - Stag Industrial
- Seller: Jeffrey Phelan - Phelan Bennett Development
- Brokers: Trent Agnew, Charlie (Charles) Strauss, Lance Young, Brooke Petzold & Dawson Hastings - JLL
- Date of Transaction: 09/26/2025
The transaction highlights the involvement of key individuals such as William R. Crooker, representing Stag Industrial as the buyer, and Jeffrey Phelan representing Phelan Bennett Development as the seller. The brokerage team from JLL, comprising Trent Agnew, Charlie (Charles) Strauss, Lance Young, Brooke Petzold, and Dawson Hastings, facilitated the deal, demonstrating a collaborative effort in this closed property transaction.
Players
Humble 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