Ariel Bentata Of Accesso Leases 24000 Square Foot Office To Douglas F. Bauer In Houston
16340 Park Ten Place
Building Size
24,000 SF
Asset Type
Office
Closing
Jul 21, 2025
About this deal
AI
The property asset involved in this transaction is located at 16340 Park Ten Place, Houston. This is an office space with a total square footage of 24,000, situated in the Energy Corridor. The building is owned by Accesso.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 16340 Park Ten Place
- Market: Houston
- Landlord: Ariel Bentata - Accesso
- Tenant: Douglas F. Bauer - Tri Point Homes
The lease agreement involved Tri Point Homes, represented by Douglas F. Bauer, renewing their lease for the 24,000-square-foot office at the Atrium at Park Ten. The negotiation of the lease was directly conducted between Ariel Bentata and Douglas F. Bauer, with Accesso retaining ownership of the property.
On the Map
Office
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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