The Seligman Group Leases 58857 Square Feet At 11000 Equity Dr In Houston With Eric Anderson As Landlord's Rep
11000 Equity Dr, Houston, TX, 77041
Building Size
58,857 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in this transaction is located at 11000 Equity Dr, Houston, TX, 77041. This lease encompasses a total square footage of 58,857 and falls within the Houston market. The landlord for the premises is The Seligman Group.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 11000 Equity Dr, Houston, TX, 77041
- Market: Houston
- Landlord: The Seligman Group
- Landlord's Representative: Eric Anderson - Transwestern
- Square Feet: 58,857
Eric Anderson from Transwestern represents the landlord, The Seligman Group, in this leasing transaction, facilitating the agreement and ensuring the interests of the landlord are maintained throughout the deal.
On the Map
Office
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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