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
About this deal
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.
On the Map
$24,620,000
$40/SF
Office
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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