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Newcor Facilitates 26,819 SF Office Sublease For Axiom Medical In The Woodlands

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LEASED

Texas

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Office26,819 SF
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LEASED

Newcor Facilitates 26,819 SF Office Sublease For Axiom Medical In The Woodlands

8401 New Trails Dr, Shenandoah, TX...

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Office26,819 SF
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:26,819 SF
Transaction Type:Lease

Located at 8401 New Trails Drive in Shenandoah, TX, this office space spans 26,819 square feet. The property was the subject of a sublease negotiation involving Hunt Guillot & Associates LLC, facilitated by Newcor Commercial Real Estate. The landlord's representatives, Rob Banzhaf and Ryan Dierket of Newcor, assisted the tenant in the leasing process, while Scott Covington from S.E. Covington represented the subtenant, Axiom Medical Consulting LLC.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Axiom Medical Consulting LLC
  • Landlord: Hunt Guillot & Associates LLC
  • Tenant's Rep: Scott Covington (S.E. Covington)
  • Landlord's Rep: Rob Banzhaf (Newcor Commercial Real Estate), Ryan Dierket (Newcor Commercial Real Estate)
  • Market: Spring
  • Square Feet: 26,819

The office sublease at 8401 New Trails Drive in The Woodlands was navigated by key individuals in the industry. Rob Banzhaf and Ryan Dierket from Newcor Commercial Real Estate represented the landlord, Hunt Guillot & Associates LLC. On the other hand, Scott Covington of S.E. Covington played a crucial role as the tenant's representative, securing the sublease for Axiom Medical Consulting LLC.

Players

Rob Banzhaf
3 deals(713) 291-2433
BROKER



LANDLORD

Details

LEASED
IMAGE: 8401 New Trails Dr, Shenandoah, TX... MARKET: Spring ASSET TYPE: Office TENANT'S REP: Scott Covington(S.E. Covington) LANDLORD'S REP: Rob Banzhaf(Newcor Commercial Real Estate), Ryan Dierket(Newcor Commercial Real Estate) TENANT: Axiom Medical Consulting LLC LANDLORD: Hunt Guillot & Associates LLC SQUARE FEET: 26819

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Deal Type
Effective Rent (Annual)

$1,537,248.90

Total Lease Value

$15,372,488.96

Net Landlord Cash Flow$1,537,248.90