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JBL Asset Management Acquires Retail Property In Humble From Forge Capital Partners

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SOLD

Texas

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Retail163,897 SF
Sold 07/19/2022
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SOLD

JBL Asset Management Acquires Retail Property In Humble From Forge Capital Partners

19661 US-59, Humble, TX 77338

See Similar Deals
Retail163,897 SF
Sold 07/19/2022
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Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:163,897 SF
Transaction Type:Sale

The retail property located at 19661 US-59 in Humble has been sold in a recent transaction. The property spans approximately 163,897 square feet and is situated in a prime location.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 19661 US-59, Humble
  • Market: Humble

The buyer of the property is JBL Asset Management, while the seller is Forge Capital Partners. The deal was facilitated by Chris Gerard, Ryan West, and Erin Lazarus from JLL, who represented the respective parties involved in the transaction.

Players

Erin Lazarus
21 deals$565M volume
BROKER

Chris Gerard
JLL
29 deals$115M volume
BROKER

Ryan West
JLL
39 deals$477M volume
BROKER

JBL Asset Management
BUYER

Details

SOLD
IMAGE: Chris Gerard & Ryan West DATE: 07/19/2022 ADDRESS: 19661 US-59 MARKET: Humble ASSET TYPE: Retail ~ SF: 163,897 BUYER: JBL Asset Management SELLER: Forge Capital Partners BROKERS: Chris Gerard, Ryan West & Erin Lazarus - JLL

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00