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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…

  Ross James, Senior Director, Lee & Associates – Houston Every day we hear tenants say they recently renewed directly with the landlord; they don’t need a broker because they are not moving; they handle real estate on our their own; they can get a better deal if no brokers are involved. There are many misconceptions we must overcome as tenant rep brokers to educate current clients and prospective clients about the importance of having…

Clint Hankla, Senior Director, Lee & Associates – Houston Networking is one of the most important parts of my job as a broker. The real estate industry is driven by the relationships you create, grow and maintain throughout your career. Networking within your company is also very rewarding. I cannot close all of the deals I generate, so collaboration is how I stay involved and say yes to more business. With networking, if we keep…

By Frank Blackwood, Senior Director, Lee & Associates – Houston Over the past several years, there’s been a continuous conversation about the iconic Astrodome and what should be done with it. Dubbed the “Eighth Wonder of the World,” Houstonians certainly don’t want to see the Astrodome go, as it is a landmark deeply embedded into the hearts and minds of our beloved city. Ideas have been thrown around, yet none of them seem to stick….

Mike Spears, SIOR, CCIM has established a remarkable career spanning over 18 years with more than $1 billion in transactions. He specializes in the greater Houston area, primarily focusing on the north and northwest submarkets. Mike’s always said he knows he’s never been the tallest, fastest, strongest or smartest person in the room, but he’s worked impeccably hard to position himself as a leader. During the start of his real estate career, he faced one…

Building A Strong Team On Command and In Demand Are Start-Ups Worth The Investment