Q-mation Leases Office Space At 11750 Katy Freeway In Houston With Landlord Energy Tower IV Investments And Tenant's Rep Colliers
11750 Katy Freeway
Building Size
5,178 SF
Asset Type
Office
Closing
Oct 18, 2023
AI
Energy Tower IV Investments, represented by Mac Haik, leased an office space located at 11750 Katy Freeway in Houston. The property has a total area of 5,178 square feet and is owned by Energy Tower IV Investments. The lease transaction was completed on October 18, 2023.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Address: 11750 Katy Freeway
- Market: Houston
- Size: 5,178 square feet
The tenant, Q-mation, was represented by Darren Gowell and Huston Spencer from Colliers. On the landlord's side, Steve Bryant from Energy Tower IV Investments acted as the representative. The lease agreement was successfully negotiated between the parties involved.
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