David Carter Of Colliers Represents Seller In Sale Of 675 Bering Drive Office In Houston
675 Bering Drive
Building Size
135,641 SF
Asset Type
Office
Closing
Feb 25, 2025
About this deal
AI
675 Bering Drive is a 135,641 SF office building located in Houston’s Galleria/Uptown submarket. The property has recently been sold, marking a significant transaction in the Houston market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 675 Bering Drive
- Market: Houston
- Broker: David Carter - Colliers
David Carter from Colliers represented the seller in this transaction, noting the strong investor interest in well-located office assets due to ongoing demand in the area.
Traded’s record for 675 Bering Drive in Houston, Texas covers a office sale from 2025. The building is 135,641 square feet, implying about 0 per square foot on the published price. David Carter, Colliers appear on the sale alongside Colliers. This page is the Houston, Texas file for the 675 Bering Drive office sold: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else sold near 675 Bering Drive around 2025. Cite this David Carter Of Colliers Represents Seller In Sale Of 675 Bering Drive Office In Houston sale when underwriting similar office product around Houston, Texas.
On the Map
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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