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16340 Park Ten Place

Ariel Bentata Of Accesso Leases 24000 Square Foot Office To Douglas F. Bauer In Houston
LEASEDOffice

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

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.

Players

Ariel Bentata

Accesso

Landlord

$195.7M

vol

8 deals

Landlord
Accesso
AccessoLandlord

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