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…
Houston Business Journal Names Seven Lee & Associates – Houston Brokers Heavy Hitters
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…