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  HOUSTON (FEBRUARY 2021) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces the acquisition of four new office leasing and management assignments in January of 2021.   “Even though the leasing market was in a constant state of change in 2020, we have been able to lease up office buildings like 550 Wescott because of our focus on technology,” said Jill Nesloney, Principal at Lee & Associates – Houston. “Today’s…

  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…

  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…

  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…

  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…

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…

  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…

Lee Houston is committed to our clients during these challenging times, and will continue to work safely to serve our clients during the Coronavirus pandemic. We will remain available with online meetings, virtual tours when available, email and of course…call us if you need us! Here are some key takeaways we have summarized for our client’s well-being, as well as some additional resources. Borrower Information Sheet Lender Information Sheet Paycheck Protection Program Application Form Paycheck…

Written by Robert LaCoure With the recent spread of COVID-19, industry leaders are having to think and act fast. Many people in the commercial real estate industry are concerned about the uncertainty of the situation, yet we must adapt to what is happening around us and band together to fight the virus. At Lee & Associates – Houston, our team is taking precautions and thinking ahead in order to mitigate challenges and overcome obstacles that…