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…
Houston Business Journal Names Seven Lee & Associates – Houston Brokers Heavy Hitters
HOUSTON (September 8, 2020) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is proud to announce that seven brokers have been named 2020 Heavy Hitters by Houston Business Journal. The Lee & Associates – Houston brokers named as Industrial Heavy Hitters are: Robert McGee, SIOR, principal – #10 Mike Spears, CCIM, SIOR, managing principal – #23 The Lee & Associates – Houston brokers named as Land…
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…
What To Expect From Houston’s Commercial Real Estate Market Post COVID-19
By Chris Lewis, Managing Principal, Lee & Associates – Houston Covid-19 has shown the world the necessity of socialization and human interaction in the workplace. Societies built on collaboration now must question the layout of workplace environment. Interaction amongst people (for most)] is necessary and working from home indefinitely isn’t a true long-term reality. While many companies can stagger shifts and offer flexible schedules with today’s technology, how will this new normal affect shared…
Growing Up In the Industry: Key Components to Success in Commercial Real Estate
John Erck, Director at Lee & Associates – Houston The commercial real estate industry is competitive and takes a certain work ethic and level of determination to succeed. I’ve had the unique experience of seeing this from a young age and have learned a few key components along the way that help brokers see success as they work to build a career in commercial real estate. Put in the work Growing up, I always…
COVID -19 and Its Impact on the Commercial Real Estate Industry
Written by Robert LaCoure With the recent spread of COVID-19, industry leaders are having to think and act fast. Many people in the commercial real estate industry are concerned about the uncertainty of the situation, yet we must adapt to what is happening around us and band together to fight the virus. At Lee & Associates – Houston, our team is taking precautions and thinking ahead in order to mitigate challenges and overcome obstacles that…
4 Reasons Why Companies Need to Hire a Tenant Rep Broker When Lease is Up For Renewal
Ross James, Senior Director, Lee & Associates – Houston Every day we hear tenants say they recently renewed directly with the landlord; they don’t need a broker because they are not moving; they handle real estate on our their own; they can get a better deal if no brokers are involved. There are many misconceptions we must overcome as tenant rep brokers to educate current clients and prospective clients about the importance of having…