APRIL 25, 2017 (HOUSTON) – Lee & Associates – Houston, a nation-wide leader in commercial real estate services, has executed a lease of just over 6,000-square-feet near the 290 and 610 interchange in Northwest Houston. The tenant, L&M Installation Solutions provides office furniture, installations, and moving services. “Because they plan to use the space as a distribution center, access to major transportation routes in Houston as well as dock-high space were both at the…
Lee & Associates- Houston Completes 6,000-Square-Feet Industrial Lease for Distribution Center Near 290 & 610
Lee & Associates- Houston closes sale of 1.96 acres in Katy, Texas
APRIL 18, 2017 (HOUSTON) – Lee & Associates – Houston, a nation-wide leader in commercial real estate services, represented MCI Grand Parkway, Ltd. in the sale of 1.96 acres off North Mason Road, near Clay Road, in Katy, Texas. Lee & Associates- Houston’s principals Taylor Schmidt and Reed Vestal represented the seller and Jay Garrison represented the buyer, Kinmax, LLC. The site is located just off the Grand Parkway and the buyer will construct a…
Exclusive: Luxury Apartment Developer Buys Land in Growing Houston Area
A roughly 15-acre contiguous tract of land near Lake Houston and Atascocita has been sold to a developer. California-based Lee & Associates’ Houston office brokered the sale on behalf of the buyer, Darrow, which plans to build a Class A luxury apartment complex on the land. Wheless Properties represented the sellers – a group of roughly 20 individual land owners, said Lee & Associates’ Reed Vestal, who represented Darrow alongside Taylor Schmidt. All in all,…
6 Ways to Establish an Effective Real Estate Investment Exit Strategy
Whether you are leasing, looking to purchase another building, or are in the process of expanding your current facility to accommodate the future growth, one must consider a large number of items before making a final decision. One of the most important things to consider is the exit strategy. The “Exit Strategy” – as it pertains to a real estate investment – is simply a concept that answers the question of how you will be…
Lee & Associates- Houston Completes 20,700-Square-Feet Industrial Lease in Pasadena
APRIL 3, 2017 (HOUSTON) – EnerMech Mechanical Services, Inc. leased 20,700 square feet at Port Place Business Park, located at 218 N. Preston Ave., in Pasadena, Texas. Lee & Associates– Houston’s principals Reed Vestal and Taylor Schmidt represented the landlord, Mag Preston, LLC, and JLL’s Ryan Barbles represented the tenant. The park’s developer will break ground on a new spec 15,000 square feet tilt-wall building this month. About Lee & Associates-Houston Lee & Associates-Houston is…
Drew Lewis and the University of Houston’s Stanford Alexander Center for Excellence in Real Estate’s Innovative Practice Program.
The Stanford Alexander Center for Excellence in Real Estate was created to complement the rigorous academic curriculum of the University of Houston Bauer School of Business Real Estate Program. The Center provides students with professional practice-based programs that engage industry leadership, foster student success and advance expertise in the various facets of the profession. The Center’s “Innovative Practice Program” is an annual program with a concentration on a chosen industry topic, where students are taught…
Lee & Associates- Houston Expands Industrial Team With Market Expert
APRIL 3, 2017 (HOUSTON) – Lee & Associates- Houston announced the expansion of its industrial brokerage team as Tim Thomas joins the firm as a director. Thomas specializes in the acquisition and disposition of industrial and land assets. “We couldn’t be more pleased about Tim joining the Lee & Associate’s family,” said Mike Spears, managing principal. “Tim’s stellar reputation, expertise and proven ability to bring value to his clients makes him a natural fit to…
Lee & Associates- Houston Completes 16,000-Square-Feet Industrial Lease in Stafford
MARCH 24, 2017 (HOUSTON) – Lee & Associates- Houston, one of the largest commercial real estate servicers in the region, represented TEAM Land Investments, LLC in the leasing of 12710-12718 Century Drive in Stafford, Texas. Texas Engineering and Mapping leased 10,000 square feet and HomeTeam Pest Defense leased 6,000 square feet. The newly acquired property is now 100 percent leased. Lee & Associates– Houston principals Taylor Schmidt and Reed Vestal represented the landlord in both…
HBJ People on the Move: Reed Vestal
Reed Vestal was featured on Houston Business Journal’s People on the Move. Vestal is involved in various commercial real estate transactions including sales, leasing, build-to-suits, design-builds, investments, and developments, with special emphasis on industrial and land related transactions. He is currently an active member of NAIOP and CCIM. To view his feature click on the HBJ logo below.