Fuller Westchase Place Ltd Acquires 11200 Richmond Ave Office Building In Houston
SOLD
Texas
See Similar DealsOffice150,000 SF
Sold 09/10/2019
SOLD
Fuller Westchase Place Ltd Acquires 11200 Richmond Ave Office Building In Houston
11200 Richmond Ave, Houston, TX, 7...
See Similar DealsOffice150,000 SF
Sold 09/10/2019
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:150,000 SF
Transaction Type:Sale
The property involved in the transaction is Westchase Place, a 150,000-square-foot office building located at 11200 Richmond Ave in Houston. The building includes a three-level parking garage and was constructed in 1999 with renovations carried out in 2009 and 2013.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Address: 11200 Richmond Ave, Houston, TX
- Market: Houston
- Seller's Reps: Rick Goings(JLL), Rudy Hubbard(JLL), Kevin McConn(JLL)
- Buyer: Fuller Westchase Place Ltd
The sale of Westchase Place was negotiated by Rudy Hubbard, Kevin McConn, and Rick Goings from JLL, representing the seller, CAPSTAR Real Estate Advisors. The buyer, Fuller Westchase Place Ltd, is affiliated with locally based Fuller Realty Partners.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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