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13905 University Boulevard

Updated Sep 1, 2026

Bilt advertisement
Nick Dhanani Of Dhanani Private Equity Group Acquires 165,000 SF Office Building From Texas Instruments
SOLDOffice

Nick Dhanani Of Dhanani Private Equity Group Acquires 165,000 SF Office Building From Texas Instruments

13905 University Boulevard

Building Size

165,000 SF

Asset Type

Office

Closing

Jul 27, 2026

About this deal

AI

A 165,000-square-foot office building located at 13905 University Boulevard in Sugar Land, Texas, has been acquired by Dhanani Private Equity Group from Texas Instruments. The transaction was finalized on July 27, 2026. The buyer plans to utilize nearly 30,000 square feet for its headquarters while converting the remaining space into 40 office condominiums, with 25 units already under contract.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Buyer: Nick Dhanani - Dhanani Private Equity Group
  • Seller: Haviv Ilan - Texas Instruments
  • Market: Sugar Land, TX
  • Asset Size: 165,000 square feet

Nick Dhanani, representing Dhanani Private Equity Group, will oversee the conversion of the property and manage the sale of the office condominiums. Haviv Ilan, from Texas Instruments, facilitated the sale of the building as part of the transaction.

Players

Nick Dhanani

Dhanani Private Equity Group

Buyer

$174.2M

vol

12 deals

Buyer

Haviv Ilan

Texas Instruments

Seller

2 deals

Seller

University 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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