Calvetti Ferguson Acquires Office Space At 700 Louisiana Street In Houston
700 Louisiana Street, Houston, Texas 77002, United States
Building Size
18,800 SF
Asset Type
Office
Closing
May 3, 2022
About this deal
AI
An office space located at 700 Louisiana Street in Houston has recently been leased. The property, spanning 18,800 square feet, was leased to Calvetti Ferguson. The lease transaction was facilitated by Jason Ferguson, who represents Calvetti Ferguson in the deal.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Market: Houston
- Address: 700 Louisiana Street
- Square Footage: 18,800
Calvetti Ferguson, with the assistance of their representative Jason Ferguson, has secured the lease for this office space in Houston. The deal was finalized on an unspecified date in 2022.
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