Regus Leases Office Space At 10777 Westheimer Road In Houston With Kevin Saxe & Corbin Janssen - CBRE Representing The Tenant
10777 Westheimer Road, Houston, TX, USA
Building Size
18,049 SF
Asset Type
Office
Closing
Jan 4, 2021
AI
An 18,049 square foot office property located at 10777 Westheimer Road in Houston has been leased. The tenant, Regus, has signed a lease agreement with the landlord, Nitya Capita. The lease transaction was facilitated by Kevin Saxe and Corbin Janssen of CBRE, representing the tenant, and Louann Pereira, Doug Little, and Matthew Seliger of Transwestern, representing the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Tenant: Regus
- Landlord: Nitya Capita
- Tenant's Rep: Kevin Saxe & Corbin Janssen - CBRE
- Landlord's Rep: Louann Pereira, Doug Little, Matthew Seliger - Transwestern
The lease transaction for the office property at 10777 Westheimer Road in Houston involved Regus as the tenant and Nitya Capita as the landlord. The tenant was represented by Kevin Saxe and Corbin Janssen of CBRE, while the landlord was represented by Louann Pereira, Doug Little, and Matthew Seliger of Transwestern.
Players
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