Brookfield Properties Leases Office Space To EOG Resources In Houston
1111 Bagby Street, Houston, Texas 77002, United States
Building Size
375,000 SF
Asset Type
Office
Closing
Sep 20, 2022
About this deal
AI
Brookfield Properties has recently leased 375,000 square feet of office space located at 1111 Bagby St. in Houston. The lease transaction took place on September 21, 2022. The tenant for this property is EOG Resources.
Summary of transation details
- Property Type: Office
- Transaction Date: September 21, 2022
- Address: 1111 Bagby St., Houston
- Market: Houston
- Square Footage: 375,000
Tyler Merritt had taken an image to capture the essence of this property transaction. The image helps in visualizing the leased office space for future reference.
Players
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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