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Aspen Technology Inc Leases 79867 Square Feet At 2500 Citywest Blvd Houston From USAA Real Estate

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LEASED

Texas

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Office79,867 SF
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LEASED

Aspen Technology Inc Leases 79867 Square Feet At 2500 Citywest Blvd Houston From USAA Real Estate

2500 Citywest BLVD, Houston, TX, 77...

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Office79,867 SF
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:79,867 SF
Transaction Type:Lease

The property involved in this transaction is located at 2500 CityWest Blvd, Houston, TX. This asset is a rented office space covering 79,867 square feet. The market for this property is Houston, and the landlord in this lease renewal is USAA Real Estate.

Summary of transaction details:

  • Property Type: Office Lease
  • Transaction Amount: Not disclosed
  • Address: 2500 Citywest Blvd, Houston, TX
  • Square Feet: 79,867
  • Landlord: USAA Real Estate
  • Tenant: Aspen Technology Inc
  • Landlord's Representative: Dennis Tarro
  • Brokerage Firms Involved: Cushman & Wakefield
  • Additional Representatives: Win Haggard Jr. and Vince Strake

This lease renewal involved Aspen Technology Inc., a metro Boston-based software developer, as the tenant. The specific representative of the tenant was not disclosed. The negotiations for the lease were supported by Dennis Tarro from Patrinely Group, who owns the property in partnership with USAA Real Estate, together with the brokerage team from Cushman & Wakefield.

Players

Vince Strake
2 deals
BROKER

Dennis Tarro
3 deals
BROKER


USAA Real Estate
LENDER

Details

LEASED
IMAGE: 2500 Citywest BLVD, Houston, TX, 77... MARKET: Houston LANDLORD'S REP: Dennis Tarro TENANT: Aspen Technology Inc LANDLORD: USAA Real Estate SQUARE FEET: 79867

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Deal Type
Effective Rent (Annual)

$4,577,928.24

Total Lease Value

$45,779,282.45

Net Landlord Cash Flow$4,577,928.24