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Group 1 Automotive Signs 45,330 Sq Ft Office Lease In Houston

Property Image
LEASED
Joshua Brown
Andy Iversen
Audrey Selber
+ 2

Texas

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Office45,330 SF
Leased 11/08/2023
the dealplayerscompscontact
Property Image
LEASED

Group 1 Automotive Signs 45,330 Sq Ft Office Lease In Houston

730 Town and Country Boulevard

See Similar Deals
Office45,330 SF
Leased 11/08/2023
Joshua Brown
Andy Iversen
Audrey Selber
+ 2
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:45,330 SF
Transaction Type:Lease

Car dealership Group 1 Automotive has signed a 45,330-square-foot office lease in the under-construction Town Centre Two building in West Houston. The building is 68% preleased and is set to be completed by year-end.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 45,330
  • Address: 730 Town & Country, Houston

Moody Rambin, represented by Robert O. Cromwell II, served as the landlord for this lease. Group 1 Automotive was represented by Daryl Kenningham as their tenant. Bob Cromwell and Kevin Nolan, from Moody Rambin, acted as the landlord's representatives. The tenant, Group 1 Automotive, had their representation provided by Andy Iversen, Audrey Selber, and Joshua Brown from Newmark.

Players

Andy Iversen
Newmark
Andy Iversen
5 deals
BROKER
Joshua Brown
Newmark
Joshua Brown
9 deals
BROKER
Audrey Selber
Newmark
Audrey Selber
6 deals(713) 499-4115
BROKER
Bob Cromwell
Moody Rambin
Bob Cromwell
1 deal
BROKER
Kevin Nolan
Moody Rambin
Kevin Nolan
1 deal(713) 773-5572
BROKER
AG
Automotive Group
TENANT

Details

LEASED
IMAGE: Robert O. Cromwell II, Daryl Kenningham, Kevin Nolan, Andy Iversen, Audrey Selber & Joshua Brown DATE: 11/08/2023 ADDRESS: 730 Town & Country MARKET: Houston ASSET TYPE: Office ~ SF: 45,330 LANDLORD: Moody Rambin - Robert O. Cromwell II TENANT: Group 1 Automotive (@Group1Automotive) - Daryl Kenningham LANDLORD'S REP: Bob Cromwell & Kevin Nolan - Moody Rambin (@MoodyRambin) TENANT'S REP: Andy Iversen, Audrey Selber (@AudreySelber) & Joshua Brown - Newmark (@Newmark) NOTE: Car dealership Group 1 Automotive has signed a 45,330-square-foot office lease in the under-construction Town Centre Two building in West Houston. The building is 68% preleased and is set to be completed by year-end.

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Deal Type
Effective Rent (Annual)

$2,598,288.25

Total Lease Value

$25,982,882.46

Net Landlord Cash Flow$2,598,288.25