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Microsoft Signs Lease For 300,000 SF Office Space In Houston

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LEASED

Texas

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Office300,000 SF
Leased 01/05/2021
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LEASED

Microsoft Signs Lease For 300,000 SF Office Space In Houston

4201 Main street, Houston, TX, USA

See Similar Deals
Office300,000 SF
Leased 01/05/2021

Summary

TEXAS
Asset Type:Office
Total Square Footage:300,000 SF
Transaction Type:Lease

Microsoft has recently signed a lease agreement for an office space in Houston, Texas. The property, located at 4201 Main Street, offers a spacious 300,000 square feet of space on a 16-acre lot. The deal was facilitated by Savills, the broker representing Microsoft, and the landlord in this transaction is Rice Management Co.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 4201 Main Street, Houston
  • Square Footage: 300,000
  • Acres: 16

This deal marks an exciting development for Microsoft, as they continue to expand their operations in Houston. The office space at 4201 Main Street provides ample room for Microsoft's needs and will support their ongoing business activities. With the assistance of Savills, Microsoft was able to secure this lease agreement with Rice Management Co., the landlord for this property.

Details

LEASED
IMAGE: Bill Gates DATE: 01/05/2021 ADDRESS: 4201 Main Street MARKET: Houston ASSET TYPE: Office SF: 300,000 ACRES: 16 TENANT: Microsoft LANDLORD: Rice Management Co. BROKER: Savills

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Deal Type
Effective Rent (Annual)

$17,195,818.97

Total Lease Value

$171,958,189.67

Net Landlord Cash Flow$17,195,818.97