Apache Corp Leases 127910 Square Feet At 1990 Post Oak Blvd Houston From TH Real Estate
1990 Post Oak BLVD, Houston, TX, 77...
Building Size
127,910 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in this lease transaction is located at 1990 Post Oak Blvd, Houston, TX, comprising 127,910 square feet. The Houston market is the context in which this lease is executed, representing a significant addition to the tenant’s operational footprint.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 1990 Post Oak Blvd, Houston, TX
- Market: Houston
- Landlord: TH Real Estate
- Landlord's Representative: Eric Siegrist
- Tenant: Apache Corp
In this transaction, the landlord, TH Real Estate, is represented by Eric Siegrist, who facilitates the lease agreement with Apache Corp, the tenant occupying the property. This transaction illustrates the active engagement of key players in the Houston real estate market.
On the Map
Office
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Players
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