Clayton Black Of Quiddity Engineering Leases 8,060 Square Feet At 5307 North Mays Street
5307 North Mays Street
Building Size
8,060 SF
Asset Type
Mixed-use
Closing
Aug 31, 2026
About this deal
AI
The asset involved in this lease transaction is a mixed-use property located at 5307 North Mays Street in Georgetown, TX, with a total square footage of 8,060. This property is part of Westinghouse Crossing, a 35-acre mixed-use development that will ultimately feature 225,000 square feet of flex/R&D, office, and retail space across seven buildings.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Address: 5307 North Mays Street
- Market: Georgetown, TX
- Landlord: Lawrence Maykrantz - St. John Properties, Inc.
- Tenant: Clayton Black - Quiddity Engineering
Quiddity Engineering has signed the lease for the property, becoming the first tenant at the new development. As part of this project, St. John Properties is also relocating its local headquarters to the Westinghouse Crossing development.
Players
Georgetown Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
Loading comparables…
Deal FAQ
Browse Georgetown mixed use 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