PCS Software Inc Leases Office Space At 2103 CityWest Boulevard In Houston
2103 CityWest Boulevard, Houston, TX 77042, USA
Building Size
25,772 SF
Asset Type
Office
Closing
Jul 27, 2020
AI
PCS Software Inc has leased 25,772 square feet of office space at 2103 CityWest Boulevard, Suite 130 in Houston. The lease transaction took place on July 28, 2020. The landlord of the property is Parkway.
Summary of transaction details:
- Property Type: Office
- Tenant: PCS Software Inc
- Landlord: Parkway
- Square Footage: 25,772
- Tenant's Representative: Jay Kyle & Bob Parsley - Colliers International
- Landlord's Representative: J.P. Hutcheson
Jay Kyle & Bob Parsley from Colliers International represented PCS Software Inc as their tenant's representatives in this lease deal, while J.P. Hutcheson acted as the landlord's representative.
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