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1980 Post Oak Boulevard

Gage Mooring And Stephen Lee Sign Lease For 13051 Square Feet Office Space In Houston
LEASEDOffice

Gage Mooring And Stephen Lee Sign Lease For 13051 Square Feet Office Space In Houston

1980 Post Oak Boulevard

Building Size

13,051 SF

Asset Type

Office

Closing

Nov 24, 2025

AI

The asset involved in this transaction is an office space located at 1980 Post Oak Boulevard in Houston, comprising a total square footage of 13,051. The property is situated in the Post Oak district, a prominent area known for its office space offerings.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Asset Address: 1980 Post Oak Boulevard
  • Market: Houston
  • Landlord: Parkway Properties & 3Edgewood & Midway
  • Tenant: Gage Mooring & Stephen Lee - Renewa
  • Landlord's Representative: J.P. Hutcheson & Amanda Nebel - Cushman & Wakefield
  • Tenant's Representative: Brandi Sikes - SVN

Renewa has entered into a lease agreement for the specified office space. The deal was brokered for the landlord by J.P. Hutcheson and Amanda Nebel from Cushman & Wakefield, while Brandi Sikes of SVN represented the tenant, Renewa, in this transaction.

Players

J.P. Hutcheson

Parkway Properties

Broker

9 deals

Broker
Parkway Properties
Parkway PropertiesLandlord
Midway
MidwayLandlord

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