SI Group Leases Office Space In The Woodlands From Brooke Manrique
1790 Hughes Landing Blvd, The Woodlands, TX 77380
Building Size
15,000 SF
Asset Type
Office
Closing
Jul 28, 2022
About this deal
AI
The leased office space at 1790 Hughes Landing Blvd in The Woodlands has been recently closed. The property has a total square footage of 15,000 and is situated in a prime location in the market.
Summary of transation details
- Property Type: Office
- Transaction Date: 07/29/2022
- Market: The Woodlands
- Tenant: SI Group
- Tenant's Representative: Brooke Manrique
SI Group, represented by Brooke Manrique, is the tenant who will be occupying the leased office space at 1790 Hughes Landing Blvd. The transaction was successfully completed, providing SI Group with a premier office location in The Woodlands market.
Players
The Woodlands Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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