Liberty Litigation Support Leases Office Space At 12777 Jones Road In Houston
12777 Jones Rd Houston, Tx 77070, Usa
Building Size
4,207 SF
Asset Type
Office
Closing
Aug 22, 2023
AI
Liberty Litigation Support has leased a 4,207-square-foot office space located at 12777 Jones Road in northwest Houston. This four-story building was renovated in 2021, providing a modern and updated space for the tenant. The office space offers ample room for Liberty Litigation Support to conduct their operations effectively.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: N/A
- Square Footage: 4,207
- Address: 12777 Jones Road
- Market: Houston
During the leasing agreement, Liberty Litigation Support was represented by their broker, Chase Mcateer from Oxford Partners. Meanwhile, Belvoir Real Estate Group's Adam Strauss acted as the landlord's representative in the deal. These individuals played crucial roles in negotiating and finalizing the lease terms to the satisfaction of both parties involved.
Players
Jones 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