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Ultra-Resources Renews 19,800 SF Office Space In Houston With Richard Maloof Representing Landlord

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LEASED

Texas

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Office19,800 SF
Leased 12/20/2016
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LEASED

Ultra-Resources Renews 19,800 SF Office Space In Houston With Richard Maloof Representing Landlord

400 N Sam Houston Pkwy E, Houston...

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Office19,800 SF
Leased 12/20/2016
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:19,800 SF
Transaction Type:Lease

The property at 400 North Sam Houston Parkway E, in Houston, has a total of 19,800 square feet of office space. This asset was renewed by Ultra-Resources for a five-year lease term. Richard Maloof represented the landlord, Hartman Income REIT Management, in this transaction.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 400 N Sam Houston Pkwy E, Houston
  • Market: Houston
  • Landlord's Rep: Richard Maloof (Industry Partners)
  • Landlord: Hartman Income REIT Management
  • Square Feet: 19,800

Ultra-Resources, in renewing the lease for the office space at 400 North Sam Houston Parkway E, collaborated with Richard Maloof, who adeptly represented the landlord, Hartman Income REIT Management. This renewal indicates a continued positive relationship between both parties in the realm of office real estate leasing transactions.

Players

Richard Maloof
8 deals$16.9M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: 12/20/2016 ADDRESS: 400 N Sam Houston Pkwy E, Houston... MARKET: Houston ASSET TYPE: Office LANDLORD'S REP: Richard Maloof(Industry Partners) LANDLORD: Hartman Income REIT Management SQUARE FEET: 19800

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Deal Type
Effective Rent (Annual)

$1,134,924.05

Total Lease Value

$11,349,240.52

Net Landlord Cash Flow$1,134,924.05