Mexcor International Acquires Office Property In Houston From Hewlett Packard Enterprise
11445 Compaq Center West Drive, Houston, Texas 77070, United States
Building Size
—
Asset Type
Office
Closing
Mar 30, 2022
About this deal
AI
The 66-acre office property located at 11445 Compaq Center West Dr. in Houston has been sold. The transaction, which took place on 03/31/2022, involved the sale of the property by Hewlett Packard Enterprise to Mexcor International.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 11445 Compaq Center West Dr.
- Market: Houston
- Acres: 66
The buyer was represented by Boyd Commercial, while JLL acted as the seller's representative in the deal.
Traded’s record for 11445 Compaq Center West Drive, Houston, Texas 77070, United States in Houston, Texas covers a office sale from 2022. 11445 Compaq Center West Drive, Houston, Texas 77070, United States is classified as Office on Traded. This page is the Houston, Texas file for the 11445 Compaq Center West Drive, Houston, Texas 77070, United States office sold: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else sold near 11445 Compaq Center West Drive, Houston, Texas 77070, United States around 2022. Cite this Mexcor International Acquires Office Property In Houston From Hewlett Packard Enterprise sale when underwriting similar office product around Houston, Texas.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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