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CBRE Negotiates 13,371 SF Office Lease For The Houston Trust Company In Houston

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LEASED

Texas

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Office13,371 SF
Leased 01/25/2019
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LEASED

CBRE Negotiates 13,371 SF Office Lease For The Houston Trust Company In Houston

3737 Buffalo Speedway, Houston, TX...

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Office13,371 SF
Leased 01/25/2019
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:13,371 SF
Transaction Type:Lease

The office lease transaction at 3737 Buffalo Speedway in Houston, TX involves a 13,371-square-foot space. The lease was negotiated by CBRE on behalf of The Houston Trust Co., a personal trust firm, with the space designated as the company's new headquarters. The tenant's representative, Weldon Martin of CBRE, facilitated the lease negotiations. The landlord, Houston 3737 Buffalo LP, was represented by Madison Marquette.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Tenant: The Houston Trust Co
  • Market: Houston
  • Square Feet: 13,371
  • Tenant's Rep: Weldon Martin (CBRE)
  • Landlord: Houston 3737 Buffalo LP

The deal's key individuals include Weldon Martin from CBRE, who represented The Houston Trust Co. in the lease negotiations. On the other side, Madison Marquette acted as the representative for the landlord, Houston 3737 Buffalo LP.

Players

Weldon Martin
3 deals
BROKER

Details

LEASED
IMAGE: 01/25/2019 ADDRESS: 3737 Buffalo Speedway, Houston, TX... MARKET: Houston ASSET TYPE: Office TENANT'S REP: Weldon Martin(CBRE) TENANT: The Houston Trust Co LANDLORD: Houston 3737 Buffalo LP SQUARE FEET: 13371

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Deal Type
Effective Rent (Annual)

$766,417.65

Total Lease Value

$7,664,176.51

Net Landlord Cash Flow$766,417.65