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 Top 10 Industrial Markets for CRE Investment in 2025 š
Hey there, fellow real estate enthusiasts! Letās dive into a topic thatās sparking conversations and driving opportunitiesāindustrial CRE investment. If youāve been keeping an eye on market trends, you know this sector has been a shining star, even amid economic fluctuations. Today, weāre exploring the 10 top industrial markets in the U.S., each offering unique investment opportunities and insights. Ready? Letās go!
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, Clevelandās 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.
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.
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 cityās balanced supply-demand dynamics are reflected in annual rents of $11 per square foot and median sale prices of $141 per square foot.
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.
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.
Richmondās strategic locationāwithin a 48-hour drive of 75% of the U.S. populationāis a game-changer. The cityās vacancy rate dropped to an impressive 3.4%, while annual rents stand at $8 per square foot, making it a solid pick for investors.
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 itās not just about casinos.
Louisvilleās strategic location allows access to 75% of the U.S. population within a dayās drive. This logistics hub saw its vacancy rate drop to 3.4% in Q3 2024, paired with competitive rents of $8 per square foot.
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%), itās a market worth exploring.
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.
Industrial real estate continues to prove its worth, offering stable returns and strong demand even in uncertain times. Whether youāre drawn to Clevelandās infrastructure, Jacksonvilleās port expansion, or Denverās growth trajectory, these markets have something for everyone. Plus, with a growing focus on eco-friendly buildings, the opportunities for sustainable investments are expanding.
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 youāre an industry veteran or a newcomer looking to diversify, the time to explore these markets is now. š
Whatās your take on the industrial sector? Letās chat in the comments below! And donāt forget to share this post with your fellow CRE enthusiasts. š
Iām 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
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 Top 10 Industrial Markets for CRE Investment in 2025 š
Hey there, fellow real estate enthusiasts! Letās dive into a topic thatās sparking conversations and driving opportunitiesāindustrial CRE investment. If youāve been keeping an eye on market trends, you know this sector has been a shining star, even amid economic fluctuations. Today, weāre exploring the 10 top industrial markets in the U.S., each offering unique investment opportunities and insights. Ready? Letās go!
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, Clevelandās 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.
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.
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 cityās balanced supply-demand dynamics are reflected in annual rents of $11 per square foot and median sale prices of $141 per square foot.
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.
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.
Richmondās strategic locationāwithin a 48-hour drive of 75% of the U.S. populationāis a game-changer. The cityās vacancy rate dropped to an impressive 3.4%, while annual rents stand at $8 per square foot, making it a solid pick for investors.
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 itās not just about casinos.
Louisvilleās strategic location allows access to 75% of the U.S. population within a dayās drive. This logistics hub saw its vacancy rate drop to 3.4% in Q3 2024, paired with competitive rents of $8 per square foot.
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%), itās a market worth exploring.
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.
Industrial real estate continues to prove its worth, offering stable returns and strong demand even in uncertain times. Whether youāre drawn to Clevelandās infrastructure, Jacksonvilleās port expansion, or Denverās growth trajectory, these markets have something for everyone. Plus, with a growing focus on eco-friendly buildings, the opportunities for sustainable investments are expanding.
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 youāre an industry veteran or a newcomer looking to diversify, the time to explore these markets is now. š
Whatās your take on the industrial sector? Letās chat in the comments below! And donāt forget to share this post with your fellow CRE enthusiasts. š
Iām 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
Let us help your business succeed.
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