Roger Gregory Of Serac Capital Partners And Jeffrey Kanne Of National Real Estate Advisors Acquire 3737 Buffalo Speedway Office In Houston
3737 Buffalo Speedway
Building Size
390,919 SF
Asset Type
Office
Closing
Sep 2, 2026
About this deal
AI
The asset involved in this transaction is an 18-story office building located at 3737 Buffalo Speedway, Houston, TX. The property spans a total area of 390,919 square feet and carries a tax-appraised value of $136.3 million as of January 1, 2026.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Square Footage: 390,919 SF
- Address: 3737 Buffalo Speedway
- Market: Houston, TX
- Buyer: Roger Gregory - Serac Capital Partners
- Buyer: Jeffrey Kanne - National Real Estate Advisors
- Seller: PM Realty Group
- Notable Lease: Dinerstein Cos. signed a 34,400-SF lease at the tower, with completion expected by early 2027.
Roger Gregory and Jeffrey Kanne are the key individuals representing Serac Capital Partners and National Real Estate Advisors in the acquisition of the property from PM Realty Group. The involvement of these firms indicates a strategic investment in the Houston office market.
On the Map
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Houston Office Market Snapshot
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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