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.

Looking to invest, buy, sell or lease? We can help.

Looking to invest, buy, sell or lease? We can help.

OUR FEATURED TENANTS & CLIENTS

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 itā€™s 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 ownerā€™s 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 propertyā€™s 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 itā€™s 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

šŸ“ˆ Discover the Hottest Industrial CRE Trends for 2025! šŸŒŸ

šŸš€ Top 10 Industrial Markets for Investment in 2025! šŸ­

January 27, 2025ā€¢4 min read

šŸ“ˆ Top 10 Industrial Markets for CRE Investment in 2025 šŸŒŸ

Hey there, fellow real estate enthusiasts! Letā€™s dive into a topic thatā€™s sparking conversations and driving opportunitiesā€”industrial CRE investment. If youā€™ve been keeping an eye on market trends, you know this sector has been a shining star, even amid economic fluctuations. Today, weā€™re exploring the 10 top industrial markets in the U.S., each offering unique investment opportunities and insights. Ready? Letā€™s go!


1. Cleveland: The Industrial Powerhouse šŸ—ļø

Cleveland tops the list, and for good reason. With its strategic infrastructure and bustling logistics sector, this market remains a magnet for industrial investments. Even with a slight slowdown, Clevelandā€™s 2.6% vacancy rate speaks volumes. Plus, with annual asking rents at $4 per square foot and median sale prices at $50 per square foot, the city offers a healthy ROI for savvy investors.


2. Jacksonville: The Growing Giant šŸŒ“

Jacksonville has grown to become the 10th largest city in the U.S., thanks to its population boom and strong private sector employment. With an expanding SSA port terminal set to double its capacity by mid-2025, this city is a logistics goldmine. Despite a vacancy rate of 6.1%, stable rental rates ($13 per square foot) and sale prices ($111 per square foot) underscore its resilience.


3. Houston: The Logistics Hub šŸš¢

Houston continues to thrive, thanks to its booming port activity and logistics-driven demand. With over 16.3 million square feet of net absorption in 2024, this market is showing no signs of slowing. The cityā€™s balanced supply-demand dynamics are reflected in annual rents of $11 per square foot and median sale prices of $141 per square foot.


4. Inland Empire: Logistics Central šŸ¢

This California hotspot is a go-to for supply chain facilities, boasting a 70% increase in new leasing activity for mid-sized industrial properties. Despite a slight uptick in vacancy (7.9%), affordable rents ($1 per square foot) and high sale prices ($302 per square foot) make it a desirable market for investors.


5. Orlando: The Sunshine Stateā€™s Industrial Star ā˜€ļø

Orlando is not just about theme parks! Its robust economic growth and fast-expanding population make it a prime spot for industrial investments. With pre-leased new constructions and asking rents at $16 per square foot, this market is on the rise.


6. Richmond: Emerging Distribution Hub šŸš›

Richmondā€™s strategic locationā€”within a 48-hour drive of 75% of the U.S. populationā€”is a game-changer. The cityā€™s vacancy rate dropped to an impressive 3.4%, while annual rents stand at $8 per square foot, making it a solid pick for investors.


7. Las Vegas: The Industrial Jackpot šŸŽ°

Las Vegas has delivered nearly 16 million square feet of new space in 2024, breaking records left and right. With strong tenant demand and asking rents at $15 per square foot, this market proves itā€™s not just about casinos.


8. Louisville: The Logistics Lifeline šŸš¦

Louisvilleā€™s strategic location allows access to 75% of the U.S. population within a dayā€™s drive. This logistics hub saw its vacancy rate drop to 3.4% in Q3 2024, paired with competitive rents of $8 per square foot.


9. Philadelphia: East Coast Access šŸŒ†

Positioned along the I-95 corridor, Philly is attracting logistics providers and third-party tenants alike. With annual rents at $12 per square foot and steady vacancy rates (8.6%), itā€™s a market worth exploring.


10. Denver: Mile-High Momentum šŸ”ļø

Denver rounds out the list with a 38% spike in leasing volume in Q3 2024. With investor confidence high and annual rents at $19 per square foot, this market is soaring, just like its altitude.


Why This Matters šŸ§

Industrial real estate continues to prove its worth, offering stable returns and strong demand even in uncertain times. Whether youā€™re drawn to Clevelandā€™s infrastructure, Jacksonvilleā€™s port expansion, or Denverā€™s growth trajectory, these markets have something for everyone. Plus, with a growing focus on eco-friendly buildings, the opportunities for sustainable investments are expanding.


Final Thoughts šŸ’­

The industrial CRE market is stabilizing, but the opportunities are far from static. Each of these cities has its unique strengths, and the future looks bright for investors ready to capitalize on these trends. So, whether youā€™re an industry veteran or a newcomer looking to diversify, the time to explore these markets is now. šŸŒŸ

Whatā€™s your take on the industrial sector? Letā€™s chat in the comments below! And donā€™t forget to share this post with your fellow CRE enthusiasts. šŸš€

Iā€™m an experienced Commercial Real Estate Broker, please feel free to reach me at 281-222-0433.

https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team

Top industrial marketsCRE opporunities 2025Eco-friendly industrial buildingsindustrial cacancy ratesLogistics and manufacturing hubs
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clientsā€™ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specificā€™s businessā€™s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

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 itā€™s 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 ownerā€™s 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 propertyā€™s 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 itā€™s 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!

Find the perfect location for your business.

Let us help your business succeed.

šŸ“ˆ Discover the Hottest Industrial CRE Trends for 2025! šŸŒŸ

šŸš€ Top 10 Industrial Markets for Investment in 2025! šŸ­

January 27, 2025ā€¢4 min read

šŸ“ˆ Top 10 Industrial Markets for CRE Investment in 2025 šŸŒŸ

Hey there, fellow real estate enthusiasts! Letā€™s dive into a topic thatā€™s sparking conversations and driving opportunitiesā€”industrial CRE investment. If youā€™ve been keeping an eye on market trends, you know this sector has been a shining star, even amid economic fluctuations. Today, weā€™re exploring the 10 top industrial markets in the U.S., each offering unique investment opportunities and insights. Ready? Letā€™s go!


1. Cleveland: The Industrial Powerhouse šŸ—ļø

Cleveland tops the list, and for good reason. With its strategic infrastructure and bustling logistics sector, this market remains a magnet for industrial investments. Even with a slight slowdown, Clevelandā€™s 2.6% vacancy rate speaks volumes. Plus, with annual asking rents at $4 per square foot and median sale prices at $50 per square foot, the city offers a healthy ROI for savvy investors.


2. Jacksonville: The Growing Giant šŸŒ“

Jacksonville has grown to become the 10th largest city in the U.S., thanks to its population boom and strong private sector employment. With an expanding SSA port terminal set to double its capacity by mid-2025, this city is a logistics goldmine. Despite a vacancy rate of 6.1%, stable rental rates ($13 per square foot) and sale prices ($111 per square foot) underscore its resilience.


3. Houston: The Logistics Hub šŸš¢

Houston continues to thrive, thanks to its booming port activity and logistics-driven demand. With over 16.3 million square feet of net absorption in 2024, this market is showing no signs of slowing. The cityā€™s balanced supply-demand dynamics are reflected in annual rents of $11 per square foot and median sale prices of $141 per square foot.


4. Inland Empire: Logistics Central šŸ¢

This California hotspot is a go-to for supply chain facilities, boasting a 70% increase in new leasing activity for mid-sized industrial properties. Despite a slight uptick in vacancy (7.9%), affordable rents ($1 per square foot) and high sale prices ($302 per square foot) make it a desirable market for investors.


5. Orlando: The Sunshine Stateā€™s Industrial Star ā˜€ļø

Orlando is not just about theme parks! Its robust economic growth and fast-expanding population make it a prime spot for industrial investments. With pre-leased new constructions and asking rents at $16 per square foot, this market is on the rise.


6. Richmond: Emerging Distribution Hub šŸš›

Richmondā€™s strategic locationā€”within a 48-hour drive of 75% of the U.S. populationā€”is a game-changer. The cityā€™s vacancy rate dropped to an impressive 3.4%, while annual rents stand at $8 per square foot, making it a solid pick for investors.


7. Las Vegas: The Industrial Jackpot šŸŽ°

Las Vegas has delivered nearly 16 million square feet of new space in 2024, breaking records left and right. With strong tenant demand and asking rents at $15 per square foot, this market proves itā€™s not just about casinos.


8. Louisville: The Logistics Lifeline šŸš¦

Louisvilleā€™s strategic location allows access to 75% of the U.S. population within a dayā€™s drive. This logistics hub saw its vacancy rate drop to 3.4% in Q3 2024, paired with competitive rents of $8 per square foot.


9. Philadelphia: East Coast Access šŸŒ†

Positioned along the I-95 corridor, Philly is attracting logistics providers and third-party tenants alike. With annual rents at $12 per square foot and steady vacancy rates (8.6%), itā€™s a market worth exploring.


10. Denver: Mile-High Momentum šŸ”ļø

Denver rounds out the list with a 38% spike in leasing volume in Q3 2024. With investor confidence high and annual rents at $19 per square foot, this market is soaring, just like its altitude.


Why This Matters šŸ§

Industrial real estate continues to prove its worth, offering stable returns and strong demand even in uncertain times. Whether youā€™re drawn to Clevelandā€™s infrastructure, Jacksonvilleā€™s port expansion, or Denverā€™s growth trajectory, these markets have something for everyone. Plus, with a growing focus on eco-friendly buildings, the opportunities for sustainable investments are expanding.


Final Thoughts šŸ’­

The industrial CRE market is stabilizing, but the opportunities are far from static. Each of these cities has its unique strengths, and the future looks bright for investors ready to capitalize on these trends. So, whether youā€™re an industry veteran or a newcomer looking to diversify, the time to explore these markets is now. šŸŒŸ

Whatā€™s your take on the industrial sector? Letā€™s chat in the comments below! And donā€™t forget to share this post with your fellow CRE enthusiasts. šŸš€

Iā€™m an experienced Commercial Real Estate Broker, please feel free to reach me at 281-222-0433.

https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team

Top industrial marketsCRE opporunities 2025Eco-friendly industrial buildingsindustrial cacancy ratesLogistics and manufacturing hubs
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clientsā€™ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specificā€™s businessā€™s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

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27815 Astoria Brook Ln

Katy, TX 77494 USA

901 S Mopac Expwy, Bldg 2, Suite 350 Austin, TX 78746 | 512.474.5557Texas Real Estate Commission

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