April 24, 2024 (HOUSTON) – Lee & Associates – Houston is excited to announce the successful completion of an Industrial Outdoor Storage (IOS) lease spanning 27,800 square feet on 7.6 paved acres at 15550 Export Plaza Drive. Situated strategically near Bush IAH and with convenient access to Beltway 8, this transload building stands out as a unique property in Houston’s sought-after North Submarket. C.E. “Trey” Erwin III, MBA|SIOR, Principal, and Josh Carl, Director, skillfully represented…
LEE & ASSOCIATES – HOUSTON: 26 ACRES OF LAND SOLD ON HIGHWAY 35 IN PEARLAND, TX
May 1, 2024 (HOUSTON) – Lee & Associates – Houston is pleased to announce the successful sale of 26 acres of commercial land located alongside Highway 35 South in Pearland, Texas. Richard Glass, SIOR, Principal at Lee & Associates – Houston represented the seller, Lucas Properties and Investments, LLC. Craig Bean of Transwestern represented the buyer, PIBP, LLC. About Lee & Associates – Houston Lee & Associates – Houston is a fully-integrated commercial real estate…
LEE & ASSOCIATES – HOUSTON LOCKS IN 29,373 SF OFFICE LEASE FOR XAVIER ACADEMY
July 2, 2024 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is pleased to announce the successful lease of 29,373 square feet to Xavier Academy. The private education institution, known for its focus on relational learning, will occupy a floor and a half at 6100 Hillcroft Avenue in the Southwest Hillcroft submarket. The seven-story, first-class office building, situated near the Galleria, provides convenient access to the Southwest Freeway,…
The Average Distribution Lease Size Returns to Normalcy in 2024
June 20, 2024 (HOUSTON) – The Houston Industrial Metro Area is a formidable distribution powerhouse. It features state-of-the-art facilities and expedient access to the premier port of the Gulf Coast. The sprawling port city has long been a crucial factor in meeting the logistics needs of some of the nation’s largest companies. In recent years, notably in the midst of the COVID-19 pandemic and beyond, demand for distribution space has surged significantly. This can primarily…
OVERCOMING CHALLENGES IN THE SALE OF 50-PLUS PRIME ACRES ON THE GALVESTON SEAWALL
February 15, 2024 (HOUSTON) – OVERVIEW Galveston Island is an attractive destination for Houstonians to enjoy a beach vacation without a long car ride. It’s also ideal for those looking to invest in real estate. The 50-mile barrier island offers few opportunities for business developers to get their hands on a plot of land. So, when nearly 52 acres of undeveloped property on the Seawall became available, Lee & Associates – Houston’s Richard Glass, SIOR,…
LEE & ASSOCIATES – HOUSTON’S LEASING TEAM DELIVERS BIG WINS IN HEART OF THE ENERGY CORRIDOR
June 10, 2024 (HOUSTON) – OVERVIEW In 2020, Houston EC Development started a redevelopment plan for 13501 Katy Freeway with a new vision for the repurposing the former Fortune 100 campus. Situated on 35 acres, running adjacent to Terry Hershey Park, and connecting Memorial Drive and I-10, the 325,000 square-foot building still had plenty to offer business looking for discerning tenants looking for Class A office space. Republic Square, as it’s now known, features abundant…
Successful Vendor Negotiations Save Client More Than $80,000 Annually on Property Management Fees
June 17, 2024 (HOUSTON) – OVERVIEW Lee & Associates – Houston provides commercial real estate owners and investors with a broad scope of integrated services, including property management. Responsibilities of Property Managers include overseeing the day-to-day operations of the properties they manage, ensuring that the assets and tenant relationships are well maintained. Additionally, Property Managers are responsible for negotiating service contracts on behalf of clients. Property Managers must have excellent communication and negotiation skills,…
GROUNDBREAKING AT EMPIRE INDUSTRIAL PARK IN EAGLE PASS, TEXAS
June 4, 2024 (HOUSTON) – Lee & Associates – Houston is excited to announce the recent groundbreaking of EMPIRE Industrial Park in Eagle Pass, Texas. This park, the first of its kind in this strategic location, is designed to meet the needs of diverse industries and international trade, fostering a thriving business environment. Empire Industrial Park offers 461 acres of versatile land tracts ranging from 5-60 acres available for sale or built-to-suit. Ideal for distribution,…
Lee & Associates – Houston Unveils Advanced Broker Training Program Details
May 23, 2024 (HOUSTON) – Embarking on a career in commercial real estate brokerage involves the navigation of a myriad of challenges. Aspiring brokers must quickly digest a wealth of information due to the industry’s frequently evolving trends, established commercial methodologies, and terminology. The complex industry landscape requires a solid understanding of market dynamics, effective networking, and continuous learning. Lee & Associates – Houston offers a robust broker training program where aspiring brokers receive…