5 Reasons it is important to tour (Even if you plan on renewing your lease) In the Houston market, statistically over 75% of tenants that I run into renew at their current location. Insurance agents are some of the most loyal tenants that I know, once they settle in and get Allstate, Farmers, or State Farm to pony up cash for that monument sign they are there to stay. They always say that the Landlord is giving them a good deal even though they don’t know or care to know the market rates. In their mind the deal is acceptable, [...]
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So far Alysia Robertson has created 10 blog entries.
Spear Street Capital, a San Francisco-based real estate investment company, has purchased the former ExxonMobil campus at 3120 Buffalo Speedway in Houston in order to develop a major mixed-use project. Currently, the 16.88-acre infill tract supports a 350,000-square-foot office building that had housed ExxonMobil's upstream research campus since the 1950's. Spear Street Capital plans to redevelop the site for office, retail and urban residential use.
Jarrar & Co., a Houston-based plumbing and utility contracting company, has acquired 23.38 acres in northwest Houston from a private family trust. The site is located at 7810 Fairbanks St. across the street from Reed Elementary School. Jarrar plans to develop 40 light industrial buildings on the tract ranging in size from 5,400 to 12,000 square feet. Brent Fredricks and Bob Gulley of Moody Rambin represented the seller in negotiations.
As Renewable Green Energy Initiatives continue in growth, the cost saving tax benefits become clearer. There are five cost saving, tax benefits of Renewable Green Energy. These include: . Stable energy prices . The Energy Investment Tax Credit . The Modified Accelerated Cost Recovery System . Solar Renewable Energy Credit (SREC) . Section 179d Stable Energy Prices Renewable Green Energy offers the cost saving, tax benefit of providing stable energy prices. Unlike fossil fuel energy, Renewable Green Energy doesn't have to compete for global market share or depend on supply and demand. This is the main reason for stable energy prices. [...]
The real story of where the deals are to rent office space at a discounted rate lie in the submarkets. We're going to take a look at 1314 Texas in Houston's Downtown market. For years, this has been one of this market's most affordable buildings at a gross rental rate of about $13-14 per foot. When you look at a 10 year average you can see that 1314 Texas really has not budged. You want the buildings that have a stable rate and buck the trends and don't try to keep up with the investment grade properties in [...]
Features What is unique about this property this that 2 acre pad sites like this are almost non existent in this market due to the fact that all of the surrounding property has already been developed making this a standout opportunity for an investor, business owner, or institution looking for a small to mid size commercial development in the" market. Contact the Broker Description If you're looking for 2 acres of land with multiple development opportunities, we are excited announce 15085 Bellaire Blvd. This 2 acres of prime real estate is located on the intersection of Bellaire Blvd. and Winkleman [...]
Features This property is priced to move (below market) Building Signage is available Location is just minutes away from the Beltway 8 other Class A industrial space leasing at almost twice the rate Huge parking lot to make it easy for 60ft truck to have access New construction means lower risk of deferred maintenance Contact the Broker Description If you're looking for a stand alone Industrial Space in NW Houston we want to invite you on our virtual tour of 11602 Canyon Trail Drive. Located in Northwest Houston near the intersection of Beltway 8 and [...]
Features Mere minutes from Beltway 8 Perfect for a truck yard or industrial use Contact the Broker Description If you're looking for flex space or a truck yard, there not many options right now. That is why we are excited to announce 10 acres of industrial land just released in the Greenspoint market. Previously owned by Exxon Land Development it is currently being held by a business owner that is motivated to sell. The Greensmark Property is located at the intersection of Greens Crossing and Greens Mark Dr. If your looking for flex space, you [...]
Getting the first property for a business, or relocating to a different one, can be an extremely costly venture. The one thing that will bring down the cost in regards to the purchase or lease negotiation is the use of an experienced broker to ensure the business owner is getting everything they need at the best price. Here are five big real estate blunders that business owners make. Starting the Process Too Late More than a few business owners I have met are highly reactive when it comes to their lease renewal, having gotten notice of a rate increase, furious because [...]