Greensheet Media Leases 9,819 SF Office In Houston From Hartman Income REIT Management
2020 N Loop W Fwy, Houston, TX, 770...
Building Size
9,819 SF
Asset Type
Office
Closing
Nov 22, 2023
AI
The office property located at 2020 N Loop West in Houston, TX, spanning 9,819 square feet, was leased by Greensheet Media for a five-year term. The landlord, Hartman Income REIT Management, facilitated the lease transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: Houston
- Landlord: Hartman Income REIT Management
- Landlord's Representatives: Richard Maloof, Rod Hale, Kacie Skeen
- Tenants: Greensheet Media
- Square Feet: 9,819
Furthermore, the leasing process was handled internally by Rod Hale, Richard Maloof, and Kacie Skeen on behalf of Hartman Income REIT Management. Greensheet Media's decision to lease this office space emphasizes its strategic location and suitability for their business needs.
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