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NDP Interests, LLC Acquires Industrial Property In Houston, Spring & Deer Park

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SOLD

Texas

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Industrial72,980 SF
Sold 03/10/2022
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SOLD

NDP Interests, LLC Acquires Industrial Property In Houston, Spring & Deer Park

9841 Windmill Park Lane, Houston, Texas 77064, United States

See Similar Deals
Industrial72,980 SF
Sold 03/10/2022
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:72,980 SF
Transaction Type:Sale

The industrial property located at 9841 Windmill Park Lane, 20404 Whitewood Dr, and 1114 Seaco Ave in Houston, Spring, and Deer Park was recently sold. The property spans a total of 72,980 square feet, making it a substantial asset in the area.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 9841 Windmill Park Lane, 20404 Whitewood Dr, 1114 Seaco Ave
  • Market: Houston, Spring, Deer Park
  • Square Footage: 72,980

The buyer of the property was NDP Interests, LLC, while the seller was the Finial Group. The deal was facilitated by brokers Trent Agnew and Charles Strauss from JLL Capital Markets. Representing the buyer's interests, NDP Interests, LLC enlisted the services of Trent Agnew and Charles Strauss in the transaction. On the other side, the Finial Group was represented by the same brokers from JLL Capital Markets.

To secure the purchase, NDP Interests, LLC obtained financing from First Community Credit Union. Michael Johnson from JLL acted as the mortgage broker in this deal.

Players

Charlie (Charles) Strauss
30 deals
BROKER

Trent Agnew
JLL
63 deals$486M volume
BROKER

Michael Johnson
JLL
9 deals$860.1M volume
BROKER

Finial Group
BROKERAGE


Details

SOLD
IMAGE: Trent Agnew & Charles Strauss DATE: 03/10/2022 ADDRESS: 9841 Windmill Park Lane, 20404 Whitewood Dr & 1114 Seaco Ave MARKET: Houston, Spring & Deer Park ASSET TYPE: Industrial ~ SF: 72,980 BUYER: NDP Interests, LLC SELLER: Finial Group BROKERS: Trent Agnew & Charles Strauss - JLL Capital Markets LENDER: First Community Credit Union MORTGAGE BROKER: Michael Johnson - JLL

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.00x

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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00