HOUSTON (July 2021) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is proud to announce that Mike Spears, SIOR, CCIM, Managing Principal, has been honored as one of the “2021 Most Admired CEOs” by Houston Business Journal. Each year, the Houston Business Journal recognizes the city’s top CEOs based on their contribution to the company’s success, civic involvement and career achievement, among other factors. The honorees represent some of the city’s…
Balancing Fatherhood and Being a CEO
Dads are real-life superheroes! They are strong, adventurous and extraordinary. This Father’s Day we asked a couple dads in the demanding commercial real estate industry how they balance being a father and a CEO. Running a company is challenging, but fatherhood also comes with its own trials as well. Mike Spears, SIOR, CCIM is the Managing Principal of Lee & Associates – Houston and a dad to 12-year-old twins Emily and Luke. Mike acknowledges that there…
LEE & ASSOCIATES – HOUSTON ACQUIRES OVER 300,000 SQUARE FEET OF OFFICE SPACE Commercial Real Estate Services Leader Announces 2021 Building Acquisitions
HOUSTON (FEBRUARY 2021) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces the acquisition of four new office leasing and management assignments in January of 2021. “Even though the leasing market was in a constant state of change in 2020, we have been able to lease up office buildings like 550 Wescott because of our focus on technology,” said Jill Nesloney, Principal at Lee & Associates – Houston. “Today’s…
Three Things to Know About the State of the Houston Industrial Real Estate Sector
This past year, industries across Houston and beyond have been significantly impacted. With the COVID-19 pandemic and the election, the uncertainty of the future created hesitation for many to move forward with business, while others found new opportunities for growth and expansion. While all sectors of the commercial real estate industry were affected, today we explore the state of the industrial sector as we head towards the end of the year. Houston, We…
The Role of Technology in Commercial Real Estate for the Retail and Office Sectors
Technology continues to change the commercial real estate industry. For the retail and office sectors, technology allows brokers to streamline processes and market properties in new and innovative ways. For example, before all of the new advances in the industry, prospective tenants had to drive to a location to tour a space. Today, we are able to virtually access any property listing from the palms of our hands. Being able to see listings online…
Lee & Associates – Houston Brokers Receive SIOR Designation
HOUSTON (October 2020) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is proud to announce Josh Cheatham, Chase Cribbs, and Justin Tunnell. received their Society of Industrial and Office Realtors (SIOR) designation. The SIOR designation is a highly sought-after professional achievement for the most qualified, successful, and experienced commercial real estate practitioners. To become a SIOR designee, applicants must meet the following established requirements: have a minimum…
Lee & Associates – WeekLee Transactions
Taylor Schmidt, SIOR, CCIM, Reed Vestal, SIOR, CCIM, and John Erck of Lee & Associates – Houston represented CCT Sparkle Family Limited Partnership in the lease of a 25,000-square-foot industrial property on 7.00 acres at 227 Highway 90A in Rosenberg, Texas. Robert Kory with The Bob Kory Team represented the tenant, Oldcastle APG West, Inc. Lee & Associates – Houston represented Twelve M, LLC in the sale of a 25,200-square-foot industrial property at…
5 Ways Landlords Can Help Clients Navigate COVID-19
As an owner/landlord, times of casualty and market fluctuations are your biggest concern. The uncertainty can derail your underwriting and cause a longer hold time or a complete miss on the underwriting assumptions altogether. Questions going through your mind include: How will you get the space leased and collect rent? What are your remedies as an owner? What expenses can you reduce? Is your leasing team working and continuing to show spaces? Does your…
CRE Insights: Houston’s 2020 Office and Industrial Market Q2 Findings
Until recently, the trend in the Houston office market has been “flight to quality” – employers were willing to overpay 15-20 percent for rent in order to stay relevant and offer amenities that focus on a live-work-play workplace. As priorities shift a result of Covid-19, we may see a new “flight to lower price alternatives” as employers place value on having more space. Opportunities will exist that did not before, and landlords will have to…