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Texas Oncology Secures 35,000 Square Feet Medical Office Lease In Webster With CBRE Representation

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LEASED
Kevin Sims
Nelson Udstuen
+ 1

Texas

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Medical Office35,000 SF
Leased 12/04/2024
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Property Image
LEASED

Texas Oncology Secures 35,000 Square Feet Medical Office Lease In Webster With CBRE Representation

Medical Office35,000 SF
Leased 12/04/2024
Kevin Sims
Nelson Udstuen
+ 1
Contact now

Summary

Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:35,000 SF
Transaction Type:Lease

A 35,000-square-foot medical office lease was secured for Texas Oncology at Webster Town Center, located at the southeast corner of Interstate 45 and Texas Avenue in Webster, TX. This property is designed to accommodate medical practices and is situated in a market conducive to healthcare services.

Summary of transaction details:

Kevin Sims and Nick Ramsey of NewQuest Properties represented the landlord in this transaction, while the tenant, Texas Oncology, was represented by Lindsay Arbour and Nelson Udstuen from CBRE. Their collaboration facilitated the successful leasing of the medical office space in the Webster market.

Players

Kevin Sims
14 deals
BROKER

Nick Ramsey
NewQuest Properties
10 deals
BROKER

Nelson Udstuen
CBRE
3 deals(832) 282-7775
BROKER

Details

LEASED
IMAGE: Kevin Sims, Nick Ramsey, Lindsay Arbour & Nelson Udstuen DATE: 12/04/2024 ADDRESS: SEC of Interstate 45 & Texas Avenue MARKET: Webster ASSET TYPE: Medical Office ~ SF: 35,000 TENANT: Texas Oncology LANDLORD'S REP: Kevin Sims & Nick Ramsey - NewQuest Properties (@NQ_Properties) TENANT'S REP: Lindsay Arbour (@LindsayArbour/) & Nelson Udstuen - CBRE (@CBRE) NOTE: NewQuest secured a 35,000-square-foot medical office lease for Texas Oncology at Webster Town Center, located at I-45 and Texas Avenue in Webster, TX. Kevin Sims and Nick Ramsey of NewQuest represented the landlord, while CBRE’s Nelson Udstuen and Lindsay Arbour represented the tenant.

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Deal Type
Effective Rent (Annual)

$2,006,178.88

Total Lease Value

$20,061,788.80

Net Landlord Cash Flow$2,006,178.88