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1021 Main Street

Joseph Slezak Of 3L Real Estate Purchases Office Building From Accesso Partners For $24.62M
SOLDOffice

Joseph Slezak Of 3L Real Estate Purchases Office Building From Accesso Partners For $24.62M

1021 Main Street

$24,620,000

$40/SF

Building Size

602,122 SF

Asset Type

Office

Closing

Mar 27, 2025

AI

The property asset involved in this transaction is an office building located at 1021 Main Street in the Houston market. The sale amount for the asset is $24,620,000.00, encompassing a total square footage of 602,122.0.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $24,620,000.00
  • Address: 1021 Main Street
  • Market: Houston
  • Square Footage: 602,122.0
  • Buyer: Joseph Slezak - 3L Real Estate
  • Seller: Ariel Bentata, Moises Benzaquen, Claudio Dombey & Daniel Goldstein - Accesso Partners

The deal features key individuals Joseph Slezak representing 3L Real Estate as the buyer, and Ariel Bentata, Moises Benzaquen, Claudio Dombey, and Daniel Goldstein representing Accesso Partners as the sellers. Each party played a significant role in the successful completion of this transaction.

Players

Houston Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93