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10777 Westheimer Rd, Housto...

Investcorp Leases 9300 Square Feet To Geosync Consultants At 10777 Westheimer Rd Houston
LEASEDOffice

Investcorp Leases 9300 Square Feet To Geosync Consultants At 10777 Westheimer Rd Houston

10777 Westheimer Rd, Houston, TX, 7...

Building Size

9,300 SF

Asset Type

Office

Closing

Jun 6, 2017

AI

The property involved in this transaction is located at 10777 Westheimer Rd, Houston, TX. The total area of this leased space is 9,300 square feet. It is situated in the Houston market and is leased by Geosync Consultants from the landlord, Investcorp.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 10777 Westheimer Rd, Houston, TX
  • Market: Houston
  • Landlord: Investcorp
  • Tenant: Geosync Consultants
  • Landlord's Rep: Amanda Lee App (Transwestern)
  • Tenant's Rep: Rob Johnson (Lee & Associates)
  • Square Feet: 9,300

The deal involved key representatives from both sides, with the landlord represented by Amanda Lee App along with Louann Pereira and Doug Little, all from Transwestern. Rob Johnson from Lee & Associates represented Geosync Consultants in the leasing transaction.

Players

Amanda Lee App

Transwestern

Broker

1 deal

Broker
Investcorp
InvestcorpLandlord

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