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10031 Fm 1960

Jeremy Forman & Mitch Goltz Of GTZ Properties Acquire Retail Asset From Brookfield Properties In Humble
SOLDRetail

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

Thomas Ladt

Colliers

Broker

$7.4M

vol

2 deals

Broker
Colliers
ColliersBrokerage

Mitch Goltz

Buyer

$108.8M

vol

7 deals

Buyer

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