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11 East Greenway Plaza, Hou...

Invesco Group Services Inc Leases 180,200 SF Office Space In Houston's Greenway Plaza
LEASEDOffice

Invesco Group Services Inc Leases 180,200 SF Office Space In Houston's Greenway Plaza

11 East Greenway Plaza, Houston, Texas 77046, United States

Building Size

180,200 SF

Asset Type

Office

Closing

Sep 1, 2022

AI

Located at 11 Greenway Plaza in Houston, this office property spans across 180,200 square feet. The lease transaction for this property took place on September 2, 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: 09/02/2022
  • Address: 11 Greenway Plaza, Houston
  • Market: Houston
  • Square Footage: 180,200

The landlord for this lease is Parkway Property Investments LLC, represented by Eric Siegrist. The tenant is Invesco Group Services Inc.

Players

PL
Parkway Property Investments LLCLandlord

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