Jeremy Forman & Mitch Goltz Of GTZ Properties Acquire Retail Asset From Brookfield Properties In Humble
10031 Fm 1960
Building Size
9,042 SF
Asset Type
Retail
Closing
Jul 21, 2025
AI
The property asset involved in this transaction is a retail space located at 10031 Fm 1960, Humble. It encompasses a total area of 9,042 square feet, contributing to its functional potential within the retail market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 10031 Fm 1960
- Market: Humble
- Buyer: Jeremy Forman & Mitch Goltz - GTZ Properties
- Seller: Brookfield Properties
- Broker: Thomas Ladt - Colliers
The transaction was executed on July 22, 2025, involving Jeremy Forman and Mitch Goltz as the buyers, representing GTZ Properties, and the seller being Brookfield Properties. Thomas Ladt from Colliers acted as the broker for this deal.
Players
Humble Retail Market Snapshot
Boundary boundary · Retail · Sale 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