Den Hartogh Americas Leases Office Space At 12301 Kurland Dr In Houston
12301 Kurland Dr, Houston, TX, 77034
Building Size
5,737 SF
Asset Type
Office
Closing
Aug 23, 2016
About this deal
AI
Located at 12301 Kurland Dr in Houston, TX, the property involved in this lease transaction is an office space spanning 5,737 square feet. The Tenant, Den Hartogh Americas, secured this space in Houston, with Lane Morgan from NAI Capital representing them. The Landlord, Mission Cos, was represented by Parker Burkett from Transwestern.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: Houston
- Tenant: Den Hartogh Americas
- Tenant's Rep: Lane Morgan(NAI Capital)
- Landlord: Mission Cos
- Square Feet: 5737
- Tenant's Rep: Lane Morgan(NAI Capital)
The deal was facilitated by Lane Morgan from NAI Capital, representing Den Hartogh Americas, as they leased the office space. On the other side, Parker Burkett from Transwestern was the representative for the Landlord, Mission Cos, ensuring a successful transaction for both parties involved.
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