Westpark @ 59 Office Plaza LLC Acquires 115,000 SF Office Building In Houston From Presidium Group
SOLD
+ 2
Texas
See Similar DealsOffice115,000 SF
Sold 05/20/2021
SOLD
Westpark @ 59 Office Plaza LLC Acquires 115,000 SF Office Building In Houston From Presidium Group
6260 Westpark Drive, Houston, TX 77057
See Similar DealsOffice115,000 SF
Sold 05/20/2021
+ 2
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:115,000 SF
Transaction Type:Sale
The office property located at 6250 & 6260 Westpark Drive in Houston has been sold. Spanning 115,000 square feet, this asset was involved in a recent transaction. The sale took place on May 20, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6250 & 6260 Westpark Drive, Houston
- Market: Houston
- Seller: Presidium Group - John Griggs
- Buyer: Westpark @ 59 Office Plaza LLC
- Brokers: Spencer Hough & Connor Darling - Newmark, Jim Autenreith & Stephen Ghedi - Moody Rambin
The seller in this transaction was the Presidium Group, represented by John Griggs. The buyer, Westpark @ 59 Office Plaza LLC, acquired the property. The brokers involved in this deal were Spencer Hough and Connor Darling from Newmark, along with Jim Autenreith and Stephen Ghedi from Moody Rambin.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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