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
About this deal
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.
On the Map
Office
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Players
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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