Timeline Interests Leases 10000 Square Feet From Century Plaza In Houston With Tenant's Rep Ed Ayres
15031 Woodham Dr, Houston, TX, 770...
Building Size
10,000 SF
Asset Type
Office
Closing
Jun 13, 2017
About this deal
AI
15031 Woodham Dr, located in Houston, TX, features a lease of 10,000 square feet within the Houston market. The property is part of Century Plaza, which serves as the landlord for this transaction.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 15031 Woodham Dr, Houston, TX, 770...
- Market: Houston
- Tenant: Timeline Interests
- Landlord: Century Plaza
- Tenant's Representative: Ed Ayres
- Landlord's Representative: Tom Brummett
- Square Feet: 10,000
The leasing deal involved Houston Realty Advisors, where Ed Ayres represented Timeline Interests. On the landlord's side, Brummett & Co.’s Tom Brummett handled the representation for Century Plaza.
On the Map
Office
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Players
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