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Hartman Income REIT Renews Amegy Bank Lease For 13,912 SF In Houston

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LEASED

Texas

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Office13,912 SF
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LEASED

Hartman Income REIT Renews Amegy Bank Lease For 13,912 SF In Houston

400 North Sam Houston Pkwy E, Hous...

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Office13,912 SF
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:13,912 SF
Transaction Type:Lease

The office property located at 400 North Sam Houston Pkwy E in Houston, owned by Hartman Income REIT Management, recently secured a lease for 13,912 square feet. The tenant, Amegy Bank of Texas, renewed their lease for five years in this prime office space.

Summary of transaction details:

The office lease transaction was facilitated by the internal representation of Hartman Income REIT Management, with Rod Hale and Richard Maloof playing key roles in securing the deal with Amegy Bank of Texas. The renewal of the 13,912-square-foot lease signifies a continued partnership between the landlord and tenant in the Houston market.

Players

Richard Maloof
8 deals$16.9M volume
BROKER


LANDLORD

Details

LEASED
IMAGE: 400 North Sam Houston Pkwy E, Hous... MARKET: Houston ASSET TYPE: Office LANDLORD'S REP: Richard Maloof(Industry Partners), Rod Hale(Hartman Income REIT Management) LANDLORD: Hartman Income REIT Management SQUARE FEET: 13912

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Deal Type
Effective Rent (Annual)

$797,427.44

Total Lease Value

$7,974,274.45

Net Landlord Cash Flow$797,427.44