Patterson-UTI Energy Leases 52000 Square Feet From Sun Life Assurance Co In Houston
LEASED
Texas
See Similar DealsOffice52,000 SF
Leased 05/23/2017
LEASED
Patterson-UTI Energy Leases 52000 Square Feet From Sun Life Assurance Co In Houston
10713 West Sam Houston Pkwy N, Ho...
See Similar DealsOffice52,000 SF
Leased 05/23/2017
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:52,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 10713 West Sam Houston Pkwy N, Houston. Patterson-UTI Energy is expanding its headquarters, increasing its footprint to 52,000 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 10713 West Sam Houston Pkwy N, Houston
- Market: Houston
- Square Feet: 52,000
- Tenant: Patterson-UTI Energy
- Landlord: Sun Life Assurance Co
- Tenant's Representatives: Liz Westcott-Brown - NAI Partners, Dan Boyles - NAI Capital
In this transaction, the landlord, Sun Life Assurance Co., was represented by Brad Frick from Stream. The tenant's representatives played a key role in facilitating the expansion of Patterson-UTI Energy’s headquarters.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Tenants
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,980,608.62
Total Lease Value
$29,806,086.21
Net Landlord Cash Flow$2,980,608.62
Is there something missing? Send suggestions