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1990 Post Oak BLVD, Houston...

Apache Corp Leases 127910 Square Feet At 1990 Post Oak Blvd Houston From TH Real Estate
LEASEDOffice

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

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.

Players

Eric Siegrist

Cushman & Wakefield

Broker

4 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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