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12301 Kurland Dr, Houston, ...

Updated Oct 29, 2024

Den Hartogh Americas Leases Office Space At 12301 Kurland Dr In Houston
LEASEDOffice

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

Lane Morgan

NAI Global

Broker

1 deal

Broker
MC
Mission CosLandlord

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

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