Lee & Associates – Houston represented 10200 Hempstead Holdings, LLC in the sale of a 40,760-square-foot industrial property at 10200 Hempstead Road in Houston, Texas. Chase Cribbs, Justin Cole, and Clint Hankla of Lee & Associates – Houston represented the buyer, and Jerry Feld with Feld Realty Group, Inc. represented the seller, HOU Hempstead, LLC. Lee & Associates – Houston represented Terry Allen Enterprises, Inc. in the sale of a 20,000-square-foot industrial property at 18902…
Lee & Associates – Houston: WeekLee Transactions
Lee & Associates – Houston represented HTG Holdings, LLC in the sale of a 7,666-square-foot industrial space at 11415 Bedford Street in Houston, Texas. Stephen Hazen, CCIM and Brandon Wuntch of Lee & Associates – Houston represented the buyer, and Richard Glass with CRC Real Estate represented the seller, Res A Bedford Partners, LP. Lee & Associates – Houston represented DLF/GP 520 Post Oak, LLC in the lease of a 3,786-square-foot office space at 520…
Can Women Survive in the Commercial Real Estate Industry?
Written by Jill Nesloney, Director at Lee & Associates – Houston Historically, the commercial real estate (CRE) industry has been a male dominated industry and is still very much that way. Over the last two decades, we have seen more and more women enter and stay in the CRE sector in Houston; however, it can be an extremely intimidating and competitive industry. What makes it such an intimidating industry for women to enter into? And…
Lee & Associates – Houston: WeekLee Transactions
An undisclosed buyer purchased 43.0 acres of land at the northeast hard corner of FM 529 & Katy Hockley Cutoff Road in Katy, Texas. Reed Vestal, SIOR, CCIM, and Taylor Schmidt, SIOR, CCIM of Lee & Associates – Houston represented the buyer, and Amy Silvey with Clay & Company represented the seller, FM 529 Cut Off, Ltd. Lee & Associates – Houston represented Logisticus Projects Group, LLC in the lease of a 22,000-square-foot industrial property…
5 Things to Consider When Purchasing Land in the Greater Houston Area
Written by Taylor Schmidt, SIOR, CCIM, Principal at Lee & Associates – Houston Real estate has proven that it can be a great investment. Many have either made their fortunes in real estate or invested their fortunes to be held in real estate. Land acquisitions in the Houston area real estate market are a great example. The economic growth in Houston has contributed to rising real estate prices that have current landowners cashing in on…
Lee & Associates – Houston: WeekLee Transactions
Lee & Associates – Houston represented Intercontinental Crossing, LP in the sale of 2.0 acres at 0 Intercontinental Crossing in Houston, Texas. Robert McGee, SIOR, and Thomas Leger, SIOR of Lee & Associates – Houston represented the seller, and Edward Burrer with Beltway Properties, Inc. represented the buyer, Wakim Properties, LP. Lee & Associates – Houston represented Industrial Specialists, LLC in the sale of a 20,954 SF office building at 2309 West Mulberry Street in Angleton, Texas….
Rising Construction Costs Cause Ripple in CRE Office Sector’s Lease Term Length
Written by Robert LaCoure, Principal at Lee & Associates – Houston The commercial real estate market is complex and has many caveats that go unnoticed by most; however, those minute details change the fundamentals for every single transaction. Since the last oil boom in Houston during 2012-2014, we have seen construction prices on the rise. During that time, the demand was so tremendous that subcontractors were naming their price just to get the attention of…
Houston Office Tenants Want to Trade-Up
Written by Rob Johnson, Principal at Lee & Associates – Houston Often referred to as moving-up, trading-up or flight to quality, many office tenants in Houston are taking advantage of the current market conditions to move into nicer office space. Some things change, and some things remain the same. Offices are generally located in areas convenient for the decision makers of the organization – this has not changed. What has changed is that offices are…
Lee & Associates Expands Stewart Title Insurance Company Footprint in New York
Lee NYC’s Salzman & Lee Houston’s LaCoure negotiate leases for 21,617 square feet at 60 East 42nd Street and 140 East 45th Street NEW YORK (November 13, 2018) – Kenneth Salzman, Executive Managing Director/Principal of Lee NYC, and Robert LaCoure, Principal, of Lee Houston have negotiated two 10-year leases for 5,267 and 16,350 square feet of space at 60 East 42nd Street and 140 East 45th Street, respectively, for the offices of Stewart Title Insurance…