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2800

Hertz Investment Group Sells Office Assets At 2800, 2900, And 2950 North Loop West For $58.4M
SOLDOffice

Hertz Investment Group Sells Office Assets At 2800, 2900, And 2950 North Loop West For $58.4M

2800

$58,400,000

Units

806,518

Asset Type

Office

Closing

Aug 18, 2025

AI

The asset involved in the transaction is an office property located at 2800, 2900, and 2950 North Loop West in West, TX. The office space encompasses a total of 806,518 square feet, with the transaction executed at a price of $58,400,000.00.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $58,400,000.00
  • Market: West, TX
  • Units: 806,518
  • Seller: Hertz Investment Group
  • Sale Date: 08/18/2025

The transaction included Hertz Investment Group as the seller in the deal. No other parties involved in the transaction details are specified.

Players

Cushman & Wakefield
Cushman & WakefieldBrokerage

Houston 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

0.27%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93