PJE Investments Acquires 8,870 SF Office Building In The Colony
4901 Windhaven Pkwy, The Colony, TX 75056, USA
Building Size
8,870 SF
Asset Type
Office
Closing
Sep 2, 2020
AI
The office property located at 4901 Windhaven Parkway in The Colony was recently sold in a transaction facilitated by Kevin Butkus, Corbin Tanenbaum, and Tonya La Barbara.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 8,870
- Address: 4901 Windhaven Parkway
- Market: The Colony
PJE Investments served as the buyer in this transaction, while Kevin Butkus and Corbin Tanenbaum from Weitzman represented the seller. Tonya La Barbara from Legacy Commercial Realty acted as the buyer's representative.
Players
The Colony 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93