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Nitya Capital Acquires Houston Office Properties For $46M

20333, 20405, 20445, & 20329 State Highway 249⁠
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This Office property located in TX was sold for $46,000,000 over 3 years ago. The brokers of the deal were Rick Goings, Ethan Goldberg, Laura Sellingsloh, and John Ream

The GenCap Group has sold four office properties located at 20333, 20405, 20445, and 20329 State Highway 249 in Houston. The sale was completed on September 11, 2020. The properties have a total square footage of 463,969 and were purchased by Nitya Capital.

Summary of transaction details:

The loan for the transaction was provided by Morgan Stanley. Rick Goings, Ethan Goldberg, John Ream, and Laura Sellingsloh from JLL Capital Markets represented the sellers and buyers in the deal.

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Deals
  • Location
    20333 state highway 249, Houston, TX, USA20333 state highway 249, Houston, TX, USA
  • Sale Price
    $46,000,000$46,000,000
    $99 PPSF$99 PPSF
  • Area
    463,969 SF463,969 SF
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Rick Goings

Rick Goings

Deals13
Sold$46M

Laura Sellingsloh

Laura Sellingsloh

Deals2
Financed$46M

John Ream

John Ream

Deals2
Financed$46M

Ethan Goldberg

Ethan Goldberg

Deals5
Sold$46M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE ⁠ IMAGE: John Ream, Laura Sellingsloh, & Rick Goings⁠ DATE: 09/11/2020⁠ ADDRESS: 20333, 20405, 20445, & 20329 State Highway 249⁠ MARKET: Houston⁠ ASSET TYPE: Office⁠ SELLER: The GenCap Group⁠ BUYER: Nitya Capital⁠ LENDER: Morgan Stanley⁠ BROKERS: Rick Goings, Ethan Goldberg, John Ream, & Laura Sellingsloh - JLL Capital Markets LOAN AMOUNT: $46,000,000⁠ SF: 463,969⁠

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20333, 20405, 20445, & 20329 State Highway 249⁠

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