Weaver And Tidwell, L.L.P Leases Office Space In Houston's 4400 Post Oak Pkwy From CP Group
4400 Post Oak Parkway
Building Size
60,000 SF
Asset Type
Office
Closing
Aug 21, 2021
About this deal
AI
The office property located at 4400 Post Oak Pkwy in Houston was recently leased. The lease transaction took place on August 21, 2021, between the tenant, Weaver and Tidwell, L.L.P, represented by Jeanne Smith, and the landlord, CP Group. The office space has a total area of 60,000 square feet.
Summary of transation details
- Property Type: Office
- Transaction Date: 08/21/2021
- Address: 4400 Post Oak Pkwy, Houston
- Tenant: Weaver and Tidwell, L.L.P - Jeanne Smith
- Landlord: CP Group
The lease agreement was facilitated by Jeanne Smith, the representative for Weaver and Tidwell, L.L.P. The office space at 4400 Post Oak Pkwy provides ample room for the tenant's operations. The deal between the tenant and the landlord, CP Group, highlights their mutual agreement on the leasing terms.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93