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…
Lee & Associates – WeekLee Transactions
Check out or latest transactions in the Greater Houston Area! Taylor Schmidt, SIOR, CCIM, Reed Vestal, SIOR, CCIM and John Erck, CCIM of Lee & Associates – Houston represented multiple family trusts in the sale of 184.32 acres on Cottonwood Church Road in Rosenberg, Texas. The buyer is undisclosed. Taylor Schmidt, SIOR, CCIM, Reed Vestal, SIOR, CCIM and John Erck of Lee & Associates – Houston represented an undisclosed seller in the sale…
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 CCIM Designation
HOUSTON (DECEMBER 9, 2020) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is proud to announce John Erck and Mason Alsbrooks earned their Certified Commercial Investment Member (CCIM) designation by passing the CCIM Institute’s comprehensive examination, the capstone element in the designation process. The two join fewer than 10% of all allied real estate professionals world-wide to hold this designation, a reflection of the why it is one…
Lee & Associates – WeekLee Transactions
Taylor Schmidt, SIOR, CCIM, Reed Vestal, SIOR, CCIM and John Erck, CCIM of Lee & Associates – Houston represented an undisclosed seller in the sale of 65.53 acres of land at 0 Highway 90A in Rosenberg, Texas. Travis Land, SIOR and A.J. Williams of NAI Partners (Houston) represented the buyer, Kingdom Management, LLC. Lee & Associates – Houston represented Shepherd Real Estate, LLC in the sale of a 20,000-square-foot industrial property at 6003…
Lee & Associates – Houston Received Distinguished Awards at National Conference
HOUSTON (NOVEMBER 2020) – At this year’s annual Lee & Associates 2020 Broker Summit, multiple team members from Lee & Associates – Houston received awards for their hard work, dedication and innovation in the industry. For the second year in a row, Lee & Associates – Houston Principals Taylor Schmidt, SIOR, CCIM and Reed Vestal, SIOR, CCIM received the Circle of Excellence Award for the highest production of any land broker in the…
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…