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
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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93