facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Office

/

Lease

/

10000 Energy Drive

TETRA Technologies Inc Leases 61975-SF Headquarters At 10000 Energy Drive In Spring Texas
LEASEDOffice

TETRA Technologies Inc Leases 61975-SF Headquarters At 10000 Energy Drive In Spring Texas

10000 Energy Drive

Building Size

61,975 SF

Asset Type

Office

Closing

Dec 10, 2025

AI

The property involved in this transaction is an office asset located at 10000 Energy Drive, Spring, TX, totaling 61,975 square feet. TETRA Technologies Inc has signed a lease for this headquarters space, moving from its previous location which was significantly larger at 152,933 square feet.

Summary of transaction details:

This transaction marks one of Houston’s largest office leases this year, with Newmark's David Baker, Elliott Hirshfeld, and Kristen Baker representing Spear Street Capital in this deal, while Flatrock's Caleb Lawson acted on behalf of TETRA Technologies Inc.

Players

David Baker

Newmark

Broker

$5.2M

vol

4 deals

Broker

John Grassi

Spear Street Capital

Landlord

$553.9M

vol

9 deals

Landlord
Brady Murphy

Brady Murphy

TETRA Technologies Inc

Tenant

1 deal

Tenant

Spring Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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