The Ranch Office Leases Office Space At 24566 Kingsland Blvd In Katy With Tenant Rep Jeff Goldberg - Gold Key Partners
24566 Kingsland Blvd, Katy, TX 77493, USA
Building Size
163,120 SF
Asset Type
Office
Closing
Aug 17, 2020
About this deal
AI
The Ranch Office has recently leased a property located at 24566 Kingsland Blvd in Katy. The property is an office space measuring 16,312 square feet. The lease transaction was completed on August 18, 2020.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 08/18/2020
- Address: 24566 Kingsland Blvd
- Market: Katy
- Tenant: The Ranch Office
- Landlord: Boardwalk Crossing LLC
- Tenant's Representative: Jeff Goldberg - Gold Key Partners
- Landlord's Representative: Bob Conwell - NewQuest Properties
- Size: 16,312 square feet
The leasing deal was facilitated by Jeff Goldberg from Gold Key Partners, who represented The Ranch Office as their tenant's representative. On the other hand, Bob Conwell from NewQuest Properties acted as the landlord's representative for Boardwalk Crossing LLC.
Players
Katy Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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