facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Office

/

Sale

/

3657 Briarpark Drive

Jacques Bessoudo And Jonathan Slomianski Acquire Houston Office For $42 Million From Triten Real Estate Partners And Affinius Capital
SOLDOffice

Jacques Bessoudo And Jonathan Slomianski Acquire Houston Office For $42 Million From Triten Real Estate Partners And Affinius Capital

3657 Briarpark Drive

$42,000,000

$328/SF

Building Size

128,000 SF

Asset Type

Office

Closing

Dec 27, 2024

AI

The property involved in this transaction is an office asset located at 3657 Briarpark Drive in Houston, TX. The sale was completed for a price of $42,000,000, with a total square footage of 190,000, resulting in a price per square foot of $221.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $42,000,000
  • Address: 3657 Briarpark Drive
  • Market: Houston, TX
  • Square Footage: 190,000
  • Price per Square Foot: $221
  • Buyer: Jacques Bessoudo & Jonathan Slomianski - Galium Capital
  • Seller: Triten Real Estate Partners & Affinius Capital
  • Broker Representatives: Kevin Mcconn, Rick Goings & Martin Hogan - JLL

This transaction featured Jacques Bessoudo and Jonathan Slomianski representing Galium Capital as the buyers, while Triten Real Estate Partners and Affinius Capital acted as the sellers in this deal. The brokerage representation was provided by Kevin Mcconn, Rick Goings, and Martin Hogan of JLL, facilitating the successful completion of the transaction.

Players

Rick Goings

JLL

Broker

$115M

vol

37 deals

Broker

Houston Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93