Updated Mar 6, 2026
Colliers Brokers Lease Of Industrial Space At Westside 10 Industrial Park In Brookshire
814 Farm-To-Market Road 1489
Building Size
—
Asset Type
Industrial
Closing
Mar 6, 2026
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 814 Farm-To-Market Road 1489, Brookshire. This space is designed for distribution and logistics, situated along the FM 1489 corridor, which provides access to significant routes such as Interstate 10 and State Highway 99 (Grand Parkway). The region is experiencing strong industrial demand, particularly in northwest Houston.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 814 Farm-To-Market Road 1489
- Market: Brookshire
- Brokers: Robert McGee, Taylor Schmidt & Austin Bartula - Colliers
The lease of the industrial space was brokered by Colliers, with Robert McGee, Taylor Schmidt, and Austin Bartula representing the landlord in the transaction. Their involvement highlights their expertise in handling industrial properties and navigating the complexities of the regional market demand.
On the Map
Industrial
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Players
Brookshire 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