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Hanwha Power Systems Leases 9,022 SF Office Space At 580 Westlake Park Blvd In Houston

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LEASED

Texas

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Office9,022 SF
Leased 06/01/2023
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LEASED

Hanwha Power Systems Leases 9,022 SF Office Space At 580 Westlake Park Blvd In Houston

580 Westlake Park Blvd Houston, TX 77079, USA

See Similar Deals
Office9,022 SF
Leased 06/01/2023
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:9,022 SF
Transaction Type:Lease

The lease transaction for the property located at 580 Westlake Park Boulevard in Houston has been completed. The asset, an office space spanning 9,022 square feet, was leased by Hanwha Power Systems Americas, Inc. from the landlord, Younan Properties - Two Westlake Park Owner.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 580 Westlake Park Boulevard, Houston
  • Market: Houston
  • Tenant: Hanwha Power Systems Americas, Inc.
  • Landlord: Younan Properties - Two Westlake Park Owner

Ryan Hartsell, a representative from Oxford Partners, acted as the broker for the tenant, Hanwha Power Systems Americas, Inc. The lease was negotiated on a turnkey basis with the landlord, Younan Properties, offering concessions. Michell Wogan and Evelyn Ward, representing Transwestern, served as the landlord's representatives in this deal.

Players

Ryan Hartsell
20 deals(281) 923-5660
BROKER

LANDLORD

Details

LEASED
IMAGE: Ryan Hartsell DATE: 06/01/2023 ADDRESS: 580 Westlake Park Boulevard MARKET: Houston ASSET TYPE: Office ~ SF: 9,022 LANDLORD: Younan Properties - Two Westlake Park Owner TENANT: Hanwha Power Systems Americas, Inc. BROKER: Ryan Hartsell - Oxford Partners (@OxfordPartnershtx) NOTE FROM BROKER: Ryan Hartsell with Oxford Partners represented the tenant Hanwha Power Systems. The 9,022 square foot lease at 580 Westlake Park Blvd Houston, TX. The lease was done on a turn key basis with land lord concessions. Michell Wogan and Evelyn Ward with Transwestern represented the landlord, Younan Properties.

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Deal Type
Effective Rent (Annual)

$517,135.60

Total Lease Value

$5,171,355.96

Net Landlord Cash Flow$517,135.60