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2600 South Gessner Road

JLL Capital Markets Sells Woodlake Plaza Office Building In Houston To Private Owner/User
SOLDOffice

JLL Capital Markets Sells Woodlake Plaza Office Building In Houston To Private Owner/User

2600 South Gessner Road

Building Size

106,310 SF

Asset Type

Office

Closing

Jul 18, 2025

AI

Woodlake Plaza is an office building located at 2600 South Gessner Road, Houston, with a total area of 106,310 square feet and situated on 3.5 acres. The property was constructed in 1974 and features amenities such as a conference room and parking space for 292 vehicles.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 2600 South Gessner Road
  • Market: Houston
  • Broker: Martin (Marty) Hogan - JLL

JLL Capital Markets facilitated the sale of Woodlake Plaza to a private owner/user, marking a significant transaction in the Houston real estate market. Martin (Marty) Hogan represented the buyer in this deal.

Players

Martin Hogan

JLL

Broker

$69M

vol

42 deals

Broker
JLL
JLLBrokerage

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93