Key Energy Services Leases 19968 Square Feet From BSD I TX 1500 Citywest LLC In Houston
LEASED
Texas
See Similar DealsOffice19,968 SF
LEASED
Key Energy Services Leases 19968 Square Feet From BSD I TX 1500 Citywest LLC In Houston
1500 CityWest BLVD, Houston, TX, 77...
See Similar DealsOffice19,968 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:19,968 SF
Transaction Type:Lease
The lease transaction involved a 19,968-square-foot office space located at 1500 CityWest Blvd, Houston, TX. The property is situated in the Houston market and serves as the new office for Key Energy Services.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1500 CityWest Blvd, Houston, TX
- Square Feet: 19,968
- Tenant: Key Energy Services
- Landlord: BSD I TX 1500 Citywest LLC
- Tenant's Representative: Dan Boyles-NAI Capital
- Landlord's Representatives: Scott Fikes and Jack Russo-JLL
NAI Partners represented Key Energy Services in the lease deal while JLL's Scott Fikes and Jack Russo represented the landlord, BSD I TX 1500 Citywest LLC. Key Energy Services is headquartered in Houston and provides energy production solutions and services.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,144,553.71
Total Lease Value
$11,445,537.10
Net Landlord Cash Flow$1,144,553.71
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