Tristar Alliance Properties Acquires Sterling Plaza Office Building In Houston
SOLD
Texas
See Similar DealsOffice102,292 SF
SOLD
Tristar Alliance Properties Acquires Sterling Plaza Office Building In Houston
10101 Southwest Fwy, Houston, TX, 7...
See Similar DealsOffice102,292 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:102,292 SF
Transaction Type:Sale
The asset involved in this transaction is an office building known as Sterling Plaza, located at 10101 Southwest Freeway in Houston, Texas. This Class B property encompasses 102,292 square feet and was constructed in 1982, undergoing renovation in 2001.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Buyer: Tristar Alliance Properties
- Seller: Mykawa Hso LP
- Buyer's Representative: Ryan Young-Lee & Associates
- Seller's Representative: Patrick O’Connell-O’Connell Realty
Robert LaCoure and Ryan Young of Lee & Associates were involved in representing the buyer, who has plans to upgrade the lobby, roof, and HVAC systems of the property. Patrick O’Connell represented the seller in this transaction.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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