Your Trusted Houston Commercial Real Estate Brokerage
Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.
Your Trusted Katy / Fulshear & Houston Commercial Real Estate Brokerage
Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.
eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.
A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:
1. Selling the Property: If the owner decides itās time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.
2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the ownerās best interests.
3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.
4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.
5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.
6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the propertyās current market value, assist in gathering necessary documentation, and even help in finding the best financing options.
7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.
8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.
9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether itās through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.
In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!
Reviews
š Houston Tourism & Large Events: Big Wins for CRE Investors š¼
šÆ Event-Driven CRE: How Tourism Is Reshaping Houston Real Estate šØ
When the big events come to town, itās not just stadiums and hotels that get busyācommercial real estate (CRE) markets light up too. From bustling hospitality corridors to newly leased retail pop-ups, large-scale events and tourism play a pivotal role in shaping local economies. And thereās no better city to explore this trend than Houston, a fast-growing hub poised to host some of the nationās most exciting events through 2025 and 2026.
1. FIFA World Cup 2026 Matches at NRG Stadium ā One of the biggest global sporting events. Houston will host multiple matches, bringing in international visitors and media.
2. World Baseball Classic Fan Fest (Spring 2026) ā A 38-day celebration planned in East Downtown.
3. Houston Livestock Show and Rodeo (March 2025 & 2026) ā The largest event of its kind in the world.
4. Offshore Technology Conference (May 2025) ā Attracts tens of thousands of global energy professionals.
5. Comicpalooza & Fan Expo Houston (Summer 2025) ā Major pop culture conventions boosting hotel and retail sectors.
6. Texas Bowl and College Football Playoffs (Q4 2025) ā Sports tourism continues to be a consistent driver of hospitality growth.
Tourism and events drive occupancy rates and increase Revenue Per Available Room (RevPAR). As events extend across multiple days, visitors spend on lodging, dining, and entertainmentālifting hotel demand in areas near downtown, Galleria, and NRG Park.
Restaurants, bars, and retail stores see spikes in foot traffic. Seasonal pop-ups, temporary leases, and long-term tenant expansion are all common when major events are on the calendar.
Mixed-use developments near event venues, like East Downtown (EaDo) and the evolving convention district, benefit from infrastructure upgrades, increased leasing activity, and rising property values.
Airports, rideshare hubs, and parking facilities become vital CRE assets. Demand for short-term leasing and development of mobility-oriented real estate is surging.
Large-scale tourism events arenāt just economic sugar rushesāthey lead to:
Permanent tenant interest in emerging neighborhoods
Rising rents and asset values in entertainment corridors
Increased investor demand for hotels, retail strips, and short-term rental properties
Houstonās George R. Brown Convention Center is undergoing a $2B expansion to attract even more world-class events by 2028āsolidifying the cityās position as a top-tier destination for both leisure and business travelers.
Whether youāre a broker, developer, or investor, tapping into the tourism and event economy is one of the smartest plays in CRE right now. Target neighborhoods with upcoming infrastructure investment, seek out hospitality and retail assets, and position yourself near Houstonās major event hubs.
https://www.houstonrealestatebrokerage.com/houston-cre-navigator
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://app.bullpenre.com/profile/1742476177701x437444415125976000
https://author.billrapponline.com/
Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team
eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.
A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:
1. Selling the Property: If the owner decides itās time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.
2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the ownerās best interests.
3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.
4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.
5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.
6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the propertyās current market value, assist in gathering necessary documentation, and even help in finding the best financing options.
7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.
8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.
9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether itās through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.
In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!
Let us help your business succeed.
š Houston Tourism & Large Events: Big Wins for CRE Investors š¼
šÆ Event-Driven CRE: How Tourism Is Reshaping Houston Real Estate šØ
When the big events come to town, itās not just stadiums and hotels that get busyācommercial real estate (CRE) markets light up too. From bustling hospitality corridors to newly leased retail pop-ups, large-scale events and tourism play a pivotal role in shaping local economies. And thereās no better city to explore this trend than Houston, a fast-growing hub poised to host some of the nationās most exciting events through 2025 and 2026.
1. FIFA World Cup 2026 Matches at NRG Stadium ā One of the biggest global sporting events. Houston will host multiple matches, bringing in international visitors and media.
2. World Baseball Classic Fan Fest (Spring 2026) ā A 38-day celebration planned in East Downtown.
3. Houston Livestock Show and Rodeo (March 2025 & 2026) ā The largest event of its kind in the world.
4. Offshore Technology Conference (May 2025) ā Attracts tens of thousands of global energy professionals.
5. Comicpalooza & Fan Expo Houston (Summer 2025) ā Major pop culture conventions boosting hotel and retail sectors.
6. Texas Bowl and College Football Playoffs (Q4 2025) ā Sports tourism continues to be a consistent driver of hospitality growth.
Tourism and events drive occupancy rates and increase Revenue Per Available Room (RevPAR). As events extend across multiple days, visitors spend on lodging, dining, and entertainmentālifting hotel demand in areas near downtown, Galleria, and NRG Park.
Restaurants, bars, and retail stores see spikes in foot traffic. Seasonal pop-ups, temporary leases, and long-term tenant expansion are all common when major events are on the calendar.
Mixed-use developments near event venues, like East Downtown (EaDo) and the evolving convention district, benefit from infrastructure upgrades, increased leasing activity, and rising property values.
Airports, rideshare hubs, and parking facilities become vital CRE assets. Demand for short-term leasing and development of mobility-oriented real estate is surging.
Large-scale tourism events arenāt just economic sugar rushesāthey lead to:
Permanent tenant interest in emerging neighborhoods
Rising rents and asset values in entertainment corridors
Increased investor demand for hotels, retail strips, and short-term rental properties
Houstonās George R. Brown Convention Center is undergoing a $2B expansion to attract even more world-class events by 2028āsolidifying the cityās position as a top-tier destination for both leisure and business travelers.
Whether youāre a broker, developer, or investor, tapping into the tourism and event economy is one of the smartest plays in CRE right now. Target neighborhoods with upcoming infrastructure investment, seek out hospitality and retail assets, and position yourself near Houstonās major event hubs.
https://www.houstonrealestatebrokerage.com/houston-cre-navigator
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://app.bullpenre.com/profile/1742476177701x437444415125976000
https://author.billrapponline.com/
Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team
Let us help your business succeed.
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Viking Enterprise LLC #9009614
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