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711 Louisiana St, Center, T...

Opportune Leases Office Space At 711 Louisiana St In Houston
LEASEDOffice

Opportune Leases Office Space At 711 Louisiana St In Houston

711 Louisiana St, Center, TX, USA

Building Size

62,535 SF

Asset Type

Office

Closing

Oct 21, 2021

AI

Located at 711 Louisiana St in Houston, this 62,535 square foot office space was recently leased. The transaction took place on October 21, 2021.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Market: Houston
  • Landlord: Metropolis Investment Holdings Inc
  • Tenant: Opportune

The landlord's representatives in this deal were Tyler Garrett and Eric Anderson from Transwestern, while the tenant was represented by Lucian Bukowski of CBRE.

Players

Eric Anderson

Transwestern

Broker

14 deals

Broker
MI
Metropolis Investment Holdings IncLandlord

Center 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