Updated Apr 30, 2026
Nick Terry Of Rivergate Capital Acquires Industrial Asset In Houston For $3.32M
3550 Lang Road
Building Size
45,503 SF
Asset Type
Industrial
Closing
Mar 31, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 3550-3580 Lang Road in Houston. The total square footage of the property is 45,503.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3550-3580 Lang Road
- Market: Houston
- Buyer: Nick Terry - Rivergate Capital
- Buyer's Representative: Austin Honey & Jace Martin - Titan Commercial
- Seller's Representative: Ada Wang - KW Commercial
The deal involved Nick Terry representing Rivergate Capital as the buyer. The transaction was facilitated by Austin Honey and Jace Martin from Titan Commercial, who represented the buyer's interests. Ada Wang from KW Commercial was involved as the representative for the seller in this transaction.
On the Map
Industrial
View full map
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Houston industrial sales on Traded.
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