Rise Group Investments Acquires Retail Property From Cook Management In Houston For 197231 SF
10907 East Freeway Frontage Road
Building Size
197,231 SF
Asset Type
Retail
Closing
Jun 29, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 10907 East Freeway Frontage Road in Houston. The asset encompasses a total square footage of 197,231. The transaction was completed on June 30, 2025.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 10907 East Freeway Frontage Road
- Market: Houston
- Seller: Cook Management
- Buyer: Rise Group Investments
- Broker: Shawn Ackerman & Sam Chang - Henry S. Miller
This transaction involved notable individuals in the real estate sector, with Shawn Ackerman and Sam Chang representing Henry S. Miller in the brokerage role. The buyer, Rise Group Investments, acquired the property from the seller, Cook Management, marking a significant deal in the Houston retail market.
On the Map
Retail
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Players
Houston 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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93