Danny Signorelli Of Signorelli Companies Leases 120,000 Square Feet To H-E-B In New Caney
Building Size
120,000 SF
Asset Type
Retail
Closing
Jul 15, 2026
About this deal
AI
This transaction involves a retail asset located in New Caney, TX, consisting of a 120,000-square-foot supermarket. H-E-B is set to occupy this space as part of a mixed-use development known as the Commerce District at Valley Ranch, which will include a total of 400,000 square feet of commercial space and 600 luxury apartments, with various retail, restaurant, office, and multifamily components.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Danny Signorelli - Signorelli Companies
- Tenant: H-E-B
- Opening Date: Fall 2027
The Signorelli Companies has successfully signed H-E-B as its anchor tenant for this significant development, marking a key milestone in the project's progression. This venture aligns with broader plans for the Commerce District at Valley Ranch, enhancing the commercial landscape in New Caney.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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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