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10333 Richmond Avenue

Ryan Hartsell Represents Reddy Neumann Brown PC In 8,183-SF Office Lease, Houston
LEASEDOffice

Ryan Hartsell Represents Reddy Neumann Brown PC In 8,183-SF Office Lease, Houston

10333 Richmond Avenue

Building Size

Asset Type

Office

Closing

Jul 11, 2024

AI

An 8,183-square-foot office lease was brokered for immigration law firm Reddy Neumann Brown PC in Houston’s Westchase District. The property is located at 10333 Richmond Avenue in Houston.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 10333 Richmond Avenue, Houston
  • Market: Houston

Terri Torregrossa of Avison Young represented the landlord, Accesso Partners, while Ryan Hartsell of Oxford Partners acted as the tenant's representative for the lease deal.

Players

Ryan Hartsell

Oxford Partners

Broker

20 deals

Broker

Houston Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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