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Hargrove Engineers & Constructors Signs 80,500 SF Lease In Houston Energy Corridor

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LEASED
Charlie Neuhaus
Johnny Kight

Texas

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Office80,500 SF
Leased 06/21/2023
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Property Image
LEASED

Hargrove Engineers & Constructors Signs 80,500 SF Lease In Houston Energy Corridor

15415 Katy Freeway

See Similar Deals
Office80,500 SF
Leased 06/21/2023
Charlie Neuhaus
Johnny Kight
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:80,500 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 15415 Katy Freeway in Houston. It encompasses a total area of 80,500 square feet and is situated within a significant market known as Houston's Energy Corridor.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 15415 Katy Freeway
  • Market: Houston
  • Asset Size: 80,500 SF
  • Landlord: Fuller Realty Interests LLC
  • Tenant: Hargrove Engineers & Constructors
  • Broker: Charlie Neuhaus - Partners

Key individuals involved in the lease include Johnny Kight representing the landlord Fuller Realty Interests LLC and Kyle Chalmers representing the tenant Hargrove Engineers & Constructors. The transaction indicates a transition as Hargrove Engineers & Constructors takes over the space formerly occupied by Diamond Offshore Drilling.

Players

Charlie Neuhaus
Partners Real Estate
Charlie Neuhaus
6 deals(713) 728-7635
BROKER
Johnny Kight
Fuller Realty Interests
Johnny Kight
4 deals
BROKER
Fuller Realty Interests
Fuller Realty Interests
LANDLORD

Details

LEASED
IMAGE: Charlie Neuhaus & Johnny Kight DATE: 06/21/2023 ADDRESS: 15415 Katy Freeway MARKET: Houston ASSET TYPE: Office ~ SF: 80,500 LANDLORD: Fuller Realty Interests LLC - Johnny Kight TENANT: Hargrove Engineers & Constructors - Kyle Chalmers BROKER: Charlie Neuhaus - Partners (@Partners_CRE) NOTE: Mobile-based engineering company Hargrove Engineers & Constructors has signed an 80,500-square-foot lease at a Houston office building, taking over the space as Diamond Offshore Drilling moves out. The lease reflects strong leasing activity in Houston's Energy Corridor.

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Deal Type
Effective Rent (Annual)

$4,614,211.42

Total Lease Value

$46,142,114.23

Net Landlord Cash Flow$4,614,211.42