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4550 Post Oak Place Dr, Hou...

Structure Tone Southwest Leases Office Space At 4550 Post Oak Place Dr, Houston TX
LEASEDOffice

Structure Tone Southwest Leases Office Space At 4550 Post Oak Place Dr, Houston TX

4550 Post Oak Place Dr, Houston, TX...

Building Size

7,600 SF

Asset Type

Office

Closing

Sep 6, 2016

AI

The office property located at 4550 Post Oak Place Dr in Houston, TX has a square footage of 7,600. The lease transaction dated 09/06/2016 involved the Tenant, Structure Tone Southwest, represented by Morgan Relyea of Cushman & Wakefield, and the Landlord, Unilev Management, represented by CBRE's Steve Rocher, Kristen Rabel, and Parker Duffie.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 4550 Post Oak Place Dr, Houston, TX
  • Market: Houston
  • Tenant's Rep: Morgan Relyea (Cushman & Wakefield), Morgan Relyea Colt (Cushman & Wakefield)
  • Landlord's Rep: Kristen Rabel (CBRE), Parker Duffie (CBRE), Steve Rocher (CBRE)

Cushman & Wakefield's Morgan Relyea represented the Tenant, Structure Tone Southwest, in the lease renewal at the Houston office property. CBRE's Kristen Rabel, Parker Duffie, and Steve Rocher acted as the Landlord's representatives from Unilev Management in finalizing the 7,600 square foot lease agreement.

Players

Steve Rocher

CBRE

Broker

6 deals

Broker
UM
Unilev ManagementLandlord

Houston Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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