Updated Aug 31, 2026
Cerenome Inc. Expands Lease To 36,500 Square Feet At Hines' Levit Green In Houston
6420 Levit Green Boulevard
Building Size
36,500 SF
Asset Type
Life Sciences
Closing
Aug 20, 2026
About this deal
AI
The property asset involved in this transaction is located at 6420 Levit Green Boulevard in Houston, TX, specifically catering to the life sciences sector. The lease encompasses a total of 36,500 square feet, marking a significant expansion for the tenant. The site is part of the Hines’ Levit Green life sciences district, which is designed to accommodate advanced facilities for the life sciences industry.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: Not specified
- Square Footage: 36,500
- Address: 6420 Levit Green Boulevard
- Market: Houston, TX
- Landlord: Jeffrey C. Hines & Laura Hines-Pierce - Hines
- Tenant: Marc Hedrick - Cerenome Inc.
Key individuals involved in the deal include Jeffrey C. Hines and Laura Hines-Pierce representing the landlord, Hines, while Marc Hedrick represents Cerenome Inc. The expansion is notable as Cerenome is developing a new lab and office on the fifth floor of the campus’ Phase 1 building, with completion projected for Q4 2027. This expansion significantly increases Cerenome's operational footprint in the district.
Players
Houston Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Lease transactions
Loading comparables…
Deal FAQ
Browse Houston life sciences leases 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