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…
Lee & Associates – WeekLee Transactions
Reed Vestal, SIOR, CCIM, Taylor Schmidt, SIOR, CCIM and John Erck of Lee & Associates – Houston represented Roland 5, LLC in the sale of 5.00 acres of land on Roland Road in Katy, Texas. Travis Wallach with Fulshear/Katy Realty Partners, LLC represented the buyer, DI Land Holdings, LLC. Lee & Associates – Houston represented TSF Tomball, LLC in the sale of a 68,000-square-foot industrial property at 19902 Hufsmith-Kohrville Road in Tomball, Texas….
Lee & Associates Represents Adkission Group in Notable Transaction
HOUSTON (August 2020) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, today announces Adkisson Group’s purchase of a 158,700-square-foot manufacturing campus located at 6500 Brittmoore Rd. in Northwest Houston. Robert McGee, Thomas Leger and Chase Cribbs of Lee & Associates – Houston represented the privately held real estate development firm in the transaction. The one-of-a-kind campus consists of eight manufacturing buildings on over 13 acres of land, with overhead crane…
Lee & Associates – WeekLee Transactions
Grant Walker and Brad Kilbride of Lee & Associates – Houston, with the help of Wade Greene of Transwestern, represented Voodoo Doughnut, LLC in the lease of a 3,000-square-foot retail space at 1214 Westheimer Road in Houston’s Montrose corridor. Lee & Associates – Houston represented Carlisle Port Arthur, L.P. in the sale of 26,503-square-feet at 4600 & 4700 Highway 73 in Port Arthur, Texas. Trey Erwin, SIOR and Justin Cole of Lee &…
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…
Technology’s Role In Commercial Real Estate
By: Roland Weathers With the rise of technology, brokers are able to utilize unique tools to make both clients’ and their lives easier, and processes faster and smarter. We’ve traditionally seen that when it comes to integrating technology, commercial real estate typically lags behind residential real estate by a few years, but as we move toward a more virtual world, the gap in technology usage seems to be closing. Virtual tours are becoming an…
Lee & Associates – Houston Awarded Costar Power Broker Quarterly Deals Award
HOUSTON (May 122020) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is proud to announce that three of its brokers, Taylor Schmidt, SIOR, CCIM, Reed Vestal, SIOR, CCIM and Robert McGee, SIOR, were awarded a CoStar Power Broker Quarterly Deals Award. Each quarter, CoStar recognizes brokers and their top deals based on price and square footage. These deals can include sales and leases on various property types including office, industrial,…