Flight Centre Travel Group Leases 4195 Square Feet At 8 Greenway Plaza Houston
8 Greenway Plaza, Houston, TX, 77046
Building Size
4,195 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in the lease transaction is located at 8 Greenway Plaza, Houston, TX, 77046. The leased space comprises 4,195 square feet within the Houston market. The landlord is Parkway Inc, and the lease was secured by Flight Centre Travel Group.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 4,195
- Address: 8 Greenway Plaza, Houston, TX, 77046
- Market: Houston
- Landlord's Representative: J.P. Hutcheson - Parkway Properties
- Tenant: Flight Centre Travel Group
- Landlord: Parkway Inc
NAI Partners’ Trey Martin facilitated the lease negotiation for Flight Centre Travel Group. Parkway Inc.'s J.P. Hutcheson provided representation for the landlord in this transaction.
On the Map
Office
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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