RCP Inc. Leases 12,250 SF Office Space At 801 Louisiana Street In Downtown Houston
801 Louisiana St, Houston, TX 77002, USA
Building Size
122,500 SF
Asset Type
Office
Closing
Jun 10, 1920
About this deal
AI
The office space located at 801 Louisiana Street in Downtown Houston has recently been leased. The property, spanning an area of 12,250 square feet, was leased by RCP Inc., represented by W. R. (Bill) Byrd. The landlord for this transaction is 801 Louisiana Partners, L.P.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
Avison Young, represented by Anthony Squillante and Josh Morrow, along with Boxer Property, were the brokers involved in this lease agreement.
Traded’s record for 801 Louisiana St, Houston, TX 77002, USA in Houston, Texas covers a office lease. Published size for 801 Louisiana St, Houston, TX 77002, USA is 122,500 square feet. Josh Morrow, Anthony Squillante, Compass, Avison Young appear on the lease alongside Compass, Avison Young. This page is the Houston, Texas file for the 801 Louisiana St, Houston, TX 77002, USA office leased: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Cite this RCP Inc. Leases 12,250 SF Office Space At 801 Louisiana Street In Downtown Houston lease when underwriting similar office product around Houston, Texas.
Players
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