Cushman & Wakefield Leases Office Space At 845 Texas Avenue In Houston
845 Texas AveHouston, TX 77002, USA
Building Size
6,500 SF
Asset Type
Office
Closing
Dec 13, 2022
About this deal
AI
Located at 845 Texas Avenue in Houston, this 6,500 square foot office space has recently been leased. The lease was finalized on December 13, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Market: Houston
- Landlord: Hines & Ivanhoe Cambridge
- Tenant: Cushman & Wakefield - Clint Bawcom
- Landlord's Representative: Michael Anderson - Cushman & Wakefield
The lease agreement was facilitated by Michael Anderson from Cushman & Wakefield, who represented both the landlord, Hines & Ivanhoe Cambridge, and the tenant, Cushman & Wakefield - Clint Bawcom.
On the Map
Office
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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