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Vard Marine Inc Leases 6,694 SF Office Space In Houston Energy Corridor With Jack Russo & D.J. Hale
LEASED
Texas
See Similar DealsOffice6,694 SF
Leased 08/09/2023
LEASED
Vard Marine Inc Leases 6,694 SF Office Space In Houston Energy Corridor With Jack Russo & D.J. Hale
1311 Broadfield Blvd Houston, TX 77084, USA
See Similar DealsOffice6,694 SF
Leased 08/09/2023
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:6,694 SF
Transaction Type:Lease
Vard Marine Inc has leased a 6,694-square-foot office space located at 1311 Broadfield Blvd in Houston's Energy Corridor. The property, totaling 155,407 square feet, is situated in a prime location within Houston's market.
Summary of transaction details
- Property Type: Office
- Square Footage: 6,694
- Address: 1311 Broadfield Blvd
- Market: Houston
The lease deal was facilitated by JLL's Jack Russo, who represented the landlord in the transaction. On the other side, Oxford Partners' D.J. Hale acted as the tenant's representative, negotiating on behalf of Vard Marine Inc. Their expertise in the Houston market was instrumental in completing the successful lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$383,696.04
Total Lease Value
$3,836,960.41
Net Landlord Cash Flow$383,696.04
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