Annual award honors the city’s great leaders and visionaries July 12, 2023 (HOUSTON) – Chris Lewis, managing principal at Lee & Associates – Houston, has been honored with the prestigious 2023 Houston Business Journal (HBJ) Most Admired CEO Award. This recognition highlights Lewis’ exceptional leadership and his significant contributions to the Houston business community. The HBJ Most Admired CEO Award is a highly esteemed accolade that recognizes outstanding CEOs who have demonstrated exemplary leadership,…
Port 99 Industrial Development in Baytown Ready for Lease
May 31, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services announces the availability of Port 99, a class-A distribution center located at 16702 FM 2354 Road in Baytown. Justin Tunnell, SIOR, Principal, Lee & Associates – Houston, is leading the leasing of the development. Provident Realty Advisors, Inc., a privately held real estate and investment firm, is slated to complete the development by Q2, 2024. Port 99…
Lee & Associates – Houston Secures 75,000 Office Lease At Republic Square Prime nature-focused campus located in the heart of the Energy Corridor
May 5, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces the lease of 75,000 square feet of space at Republic Square. Located at 13501 Katy Freeway, the recently renovated and upgraded corporate campus sits on 35 wooded acres overlooking a central lake and Terry Hershey Park. Bill Insull, CCIM, and Blake R. Virgilio, CCIM, SIOR of Lee & Associates handled the lease transaction for the landlord, Houston…
Seven Stand-Out Features to Consider When Speculating on Your Next Industrial Outdoor Storage Development
May 2023 (HOUSTON) – Industrial Outdoor Storage (IOS) has seen dramatic growth in the past three years and is now estimated to be a $200-billion asset class. Primarily used for truck terminals, trailer storage, container storage, pallet storage and construction or heavy equipment yards, the market saw a huge boom during the pandemic as e-commerce exploded. Even with the pandemic slowing down, e-commerce continues to grow. Here are seven features to consider before developing your…
Lee & Associates – Houston Nabs Galleria Park I and II Leasing Assignment
March 1, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces another office leasing assignment in the Galleria area, at Galleria Park I and II, 5251 and 5333 Westheimer. The roughly 400,000 square feet of Class A office and retail space was purchased at a low-cost basis, allowing the landlord the ability to position rental rates lower than its competition. Galleria Park I and II are poised…
Two Female Powerhouses Join Fast Growing Lee & Associates – Houston Office
February 9, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces Katie Smith and Mary Doetterl have joined its growing team. Smith will serve as Marketing Manager and will oversee the strategic marketing efforts of the Houston office. As Industrial Research Manager, Doetterl is tasked with the market research efforts; capturing trends and insights into the greater Houston area’s industrial commercial real estate transactions. “Katie and Mary…
Westside 10 Industrial Park Comes On The Market
January 27, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces more than 167,000 square feet of space available at 814 FM 1489 in Brookshire, Texas. Robert McGee, SIOR, principal, Taylor Schmidt, SIOR, CCIM, principal, and Austin Bartula, associate, are managing the leasing of the building. Growth Capital Partners (GCP), the Birmingham-based private real estate investment company, and Houston-based developer Phelan-Bennett completed Westside 10 Industrial Park for…
Successfully Investing in Real Estate Requires a Qualified Property Manager
By definition, property managers set appropriate rental rates, look after tenants, coordinate with construction management in repairs and build outs, and serve as the middleman between building ownership and its tenants. As owners and investors in buildings have evolved, so to have the responsibilities and expectations of a property manager. In years’ past, an attorney or doctor might look to acquire the building its practice is in as a means of retirement income. Today, with…
Lee & Associates – Houston Partners with Level X Group to Lease Iconic Galleria Building
Prime location and ample opportunities at 2100 West Loop South. October 2022 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, and Level X Group, LLC (LXG), a full-service private equity and real estate development firm, are pleased to announce new leasing opportunities at the 16-story property, 2100 West Loop South. With 59,256 square feet available, the prime location between San Felipe and Westheimer offers future tenants easy on…