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Corgan Leases 5,000-SF Office At Frost Tower, San Antonio With CBRE Brokers
LEASED
Texas
See Similar DealsOffice
Leased 04/02/2024
LEASED
Corgan Leases 5,000-SF Office At Frost Tower, San Antonio With CBRE Brokers
111 West Houston Street
See Similar DealsOffice
Leased 04/02/2024
Summary
TEXAS
Asset Type:Office
Transaction Type:Lease
An office lease transaction took place at 111 West Houston Street in San Antonio. The lease involved the relocation of architecture firm Corgan to Frost Tower, signing a 5,000-square-foot office lease after 25 years at their previous location.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Randy Smith - Weston Urban
- Tenant: Scott Ruch - Corgan
- Brokers: Christi Griggs, David Ballard & Parker LaBarge - CBRE
The deal was brokered by David Ballard and Parker LaBarge of CBRE representing Corgan, and Christi Griggs of CBRE representing the landlord, Weston Urban.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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