August 10, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces its latest industrial transaction with a wholly-owned subsidiary of Schlumberger Limited, at 7600 Antoine in Shreveport, LA. Justin Tunnell, SIOR, Principal, Lee & Associates – Houston, represented Schlumberger in the 1.1 million square-foot manufacturing space on 102 acres. As part of this “major economic development”, the company plans to invest over $18.5 million into the location…
LEE & ASSOCIATES – HOUSTON HIRES SEASONED PRINCIPAL TO JOIN FIRM
July 31, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, is pleased to announce the addition of Richard Glass to their team as Principal. With an impressive track record in the real estate industry, Glass brings a wealth of experience and expertise to the firm. Prior to joining Lee & Associates, Glass was one of the founders of CRC Real Estate, where he spent over 15 years…
CHRIS LEWIS NAMED MOST ADMIRED CEO BY THE HOUSTON BUSINESS JOURNAL
Annual award honors the city’s great leaders and visionaries July 12, 2023 (HOUSTON) – Chris Lewis, managing principal at Lee & Associates – Houston, has been honored with the prestigious 2023 Houston Business Journal (HBJ) Most Admired CEO Award. This recognition highlights Lewis’ exceptional leadership and his significant contributions to the Houston business community. The HBJ Most Admired CEO Award is a highly esteemed accolade that recognizes outstanding CEOs who have demonstrated exemplary leadership,…
Port 99 Industrial Development in Baytown Ready for Lease
May 31, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services announces the availability of Port 99, a class-A distribution center located at 16702 FM 2354 Road in Baytown. Justin Tunnell, SIOR, Principal, Lee & Associates – Houston, is leading the leasing of the development. Provident Realty Advisors, Inc., a privately held real estate and investment firm, is slated to complete the development by Q2, 2024. Port 99…
Lee & Associates – Houston Secures 75,000 Office Lease At Republic Square Prime nature-focused campus located in the heart of the Energy Corridor
May 5, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces the lease of 75,000 square feet of space at Republic Square. Located at 13501 Katy Freeway, the recently renovated and upgraded corporate campus sits on 35 wooded acres overlooking a central lake and Terry Hershey Park. Bill Insull, CCIM, and Blake R. Virgilio, CCIM, SIOR of Lee & Associates handled the lease transaction for the landlord, Houston…
Seven Stand-Out Features to Consider When Speculating on Your Next Industrial Outdoor Storage Development
Industrial Outdoor Storage (IOS) has seen dramatic growth in the past three years and is now estimated to be a $200-billion asset class. Primarily used for truck terminals, trailer storage, container storage, pallet storage and construction or heavy equipment yards, the market saw a huge boom during the pandemic as e-commerce exploded. Even with the pandemic slowing down, e-commerce continues to grow. Here are seven features to consider before developing your next IOS project. Location,…
Lee & Associates – Houston Nabs Galleria Park I and II Leasing Assignment
March 1, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces another office leasing assignment in the Galleria area, at Galleria Park I and II, 5251 and 5333 Westheimer. The roughly 400,000 square feet of Class A office and retail space was purchased at a low-cost basis, allowing the landlord the ability to position rental rates lower than its competition. Galleria Park I and II are poised…
Two Female Powerhouses Join Fast Growing Lee & Associates – Houston Office
February 9, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces Katie Smith and Mary Doetterl have joined its growing team. Smith will serve as Marketing Manager and will oversee the strategic marketing efforts of the Houston office. As Industrial Research Manager, Doetterl is tasked with the market research efforts; capturing trends and insights into the greater Houston area’s industrial commercial real estate transactions. “Katie and Mary…
Westside 10 Industrial Park Comes On The Market
January 27, 2023 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, announces more than 167,000 square feet of space available at 814 FM 1489 in Brookshire, Texas. Robert McGee, SIOR, principal, Taylor Schmidt, SIOR, CCIM, principal, and Austin Bartula, associate, are managing the leasing of the building. Growth Capital Partners (GCP), the Birmingham-based private real estate investment company, and Houston-based developer Phelan-Bennett completed Westside 10 Industrial Park for…