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1080 North Eldridge Parkway

R.G. Miller | DCCM Leases 28,791 SF Office Space In Houston From Broadshore Capital Partners
LEASEDOffice

R.G. Miller | DCCM Leases 28,791 SF Office Space In Houston From Broadshore Capital Partners

1080 North Eldridge Parkway

Building Size

28,791 SF

Asset Type

Office

Closing

Mar 25, 2024

AI

The leased property at 1080 North Eldridge Parkway in Houston is an office space spanning 28,791 square feet. This relocation deal involved the civil engineering firm R.G. Miller | DCCM and was facilitated by Avison Young and Stream Realty Partners.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1080 North Eldridge Parkway
  • Market: Houston
  • Landlord: Broadshore Capital Partners
  • Tenant: R.G. Miller | DCCM

Brad Fricks and Matthew Asvestas represented the landlord, Broadshore Capital Partners, in this lease agreement. On the other side, Anthony Squillante and Drew Coupe from Avison Young worked as the tenant's representatives, ensuring the smooth transition of R.G. Miller | DCCM from Park Ten Place to their new location at Eldridge Oaks in West Houston.

Players

Anthony Squillante

Avison Young

Broker

10 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