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 it’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 owner’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 property’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 it’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

Transforming Texas: CHIPS Act Impact 🏠🌟

CHIPS Act Revolutionizes Texas Manufacturing πŸš§πŸš€

July 29, 2024β€’3 min read

CHIPS Act Revolutionizes Texas Manufacturing πŸš§πŸš€

Semiconductor Surge in Texas: CHIPS Act πŸ’πŸ”„The semiconductor industry is experiencing a significant resurgence in the United States, and Texas is at the forefront of this transformation. The Texas CHIPS Act is a game-changer, driving unprecedented growth in semiconductor manufacturing and offering unique opportunities for commercial real estate development. According to a recent analysis by Colliers, the vast sums being poured into new semiconductor plants in Texas present a golden opportunity for developers and investors alike.

A Strategic Imperative for Developers πŸ“ˆ

There is a critical need for developers to understand these emerging trends and strategically position themselves to harness their potential. "It is imperative for developers to understand these trends and strategically position themselves to harness their potential," the analysis stated. This entails investing in properties located within thriving manufacturing clusters or strategically positioned amidst the robust logistics infrastructure. The CHIPS Act is not merely a legislative initiative; it is a seismic force reshaping the contours of the manufacturing industry, and Texas is poised to become a major hub in this new landscape. πŸ—ΊοΈ

The CHIPS Act: Catalyzing Change πŸ’₯

The bipartisan CHIPS and Science Act, introduced by the Biden administration and signed into law in August 2022, set aside $52.7 billion for American semiconductor research, development, manufacturing, and workforce development. Of this, $39 billion is allocated for manufacturing incentives. This substantial investment aims to revitalize the semiconductor industry in America, making it more competitive on the global stage. 🌐

In response, Texas introduced its own version of the Act in June 2023. The Texas CHIPS Act established the Texas Semiconductor Innovation Consortium (TSIC) and the Texas Semiconductor Innovation Fund (TSIF), providing a $698 million fund to incentivize private businesses to expand semiconductor manufacturing in Texas. Additionally, it allocated $666 million to the University of Texas at Austin and Texas A&M University for chip design and manufacturing projects. 🏫

Major Projects Underway 🚧

Several massive projects are already under construction in Texas, signaling the state's growing importance in the semiconductor industry. Texas Instruments is building a $30 billion plant in Sherman, TX, which will bring 3,000 jobs to the area. Meanwhile, Samsung is nearing completion of a $25 billion fab in Taylor, TX, expected to create an additional 2,000 jobs. πŸ‘·β€β™‚οΈπŸ‘·β€β™€οΈ

TI's Sherman plant will stimulate a surge in office spaces, manufacturing facilities, and housing developments. Similarly, Samsung's Taylor plant is likely to generate the expansion of ancillary businesses and more industrial and residential development to accommodate the growing workforce. 🏒🏘️

A Paradigm Shift in Supply Chain Strategies πŸ”„

The CHIPS Act has catalyzed a paradigm shift in supply chain strategies. Companies are increasingly locating in regions with a strong labor force and diverse supplier base, and Texas is perfectly positioned to take advantage of this evolving industrial real estate market. The state is emerging as a critical player in the future of semiconductor production, reshaping commercial real estate development in the process. 🌟

The Future of Texas CRE πŸŒ†

As the semiconductor industry continues to expand in Texas, the commercial real estate market is set to experience significant growth. Developers who strategically position themselves within these thriving manufacturing clusters will be well-placed to capitalize on the opportunities presented by this new era. The Texas CHIPS Act is not just driving manufacturing; it is laying the foundation for a robust and dynamic commercial real estate market, making Texas a pivotal player in the global semiconductor landscape. 🌍

The transformative power of the Texas CHIPS Act underscores the importance of proactive and strategic investment in commercial real estate. By understanding and leveraging these trends, developers can ensure they are at the forefront of this exciting new chapter in Texas' economic development. πŸ“Š

#TexasCHIPSAct #SemiconductorBoom #CRE #RealEstateDevelopment #TexasEconomy #ManufacturingRevolution #FutureOfTech #TexasInnovation #CommercialRealEstate #SupplyChainTransformation

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

https://www.houstonrealestatebrokerage.com/

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

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

https://www.tenantbase.com/advisors/bill-rapp/

https://buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/[email protected]

www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=mortgageviking

https://www.fastexpert.com/agents/bill-rapp-95118/

https://www.homelight.com/agents/bill-rapp-tx-595622?preview=t

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

Β© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial LLC

Texas CHIPS Actsemiconductor manufacturingcommercial real estate developmentmanufacturing clusterslogistics infrastructuresemiconductor industryTexas Instruments Sherman plantSamsung Taylor fabsupply chain strategiesTexas Semiconductor Innovation Consortium (TSIC)Texas Semiconductor Innovation Fund (TSIF)economic development in Texasoffice spaces and housing developmentsindustrial real estate market
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 clients’ 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 specific’s business’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 it’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 owner’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 property’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 it’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.

Transforming Texas: CHIPS Act Impact 🏠🌟

CHIPS Act Revolutionizes Texas Manufacturing πŸš§πŸš€

July 29, 2024β€’3 min read

CHIPS Act Revolutionizes Texas Manufacturing πŸš§πŸš€

Semiconductor Surge in Texas: CHIPS Act πŸ’πŸ”„The semiconductor industry is experiencing a significant resurgence in the United States, and Texas is at the forefront of this transformation. The Texas CHIPS Act is a game-changer, driving unprecedented growth in semiconductor manufacturing and offering unique opportunities for commercial real estate development. According to a recent analysis by Colliers, the vast sums being poured into new semiconductor plants in Texas present a golden opportunity for developers and investors alike.

A Strategic Imperative for Developers πŸ“ˆ

There is a critical need for developers to understand these emerging trends and strategically position themselves to harness their potential. "It is imperative for developers to understand these trends and strategically position themselves to harness their potential," the analysis stated. This entails investing in properties located within thriving manufacturing clusters or strategically positioned amidst the robust logistics infrastructure. The CHIPS Act is not merely a legislative initiative; it is a seismic force reshaping the contours of the manufacturing industry, and Texas is poised to become a major hub in this new landscape. πŸ—ΊοΈ

The CHIPS Act: Catalyzing Change πŸ’₯

The bipartisan CHIPS and Science Act, introduced by the Biden administration and signed into law in August 2022, set aside $52.7 billion for American semiconductor research, development, manufacturing, and workforce development. Of this, $39 billion is allocated for manufacturing incentives. This substantial investment aims to revitalize the semiconductor industry in America, making it more competitive on the global stage. 🌐

In response, Texas introduced its own version of the Act in June 2023. The Texas CHIPS Act established the Texas Semiconductor Innovation Consortium (TSIC) and the Texas Semiconductor Innovation Fund (TSIF), providing a $698 million fund to incentivize private businesses to expand semiconductor manufacturing in Texas. Additionally, it allocated $666 million to the University of Texas at Austin and Texas A&M University for chip design and manufacturing projects. 🏫

Major Projects Underway 🚧

Several massive projects are already under construction in Texas, signaling the state's growing importance in the semiconductor industry. Texas Instruments is building a $30 billion plant in Sherman, TX, which will bring 3,000 jobs to the area. Meanwhile, Samsung is nearing completion of a $25 billion fab in Taylor, TX, expected to create an additional 2,000 jobs. πŸ‘·β€β™‚οΈπŸ‘·β€β™€οΈ

TI's Sherman plant will stimulate a surge in office spaces, manufacturing facilities, and housing developments. Similarly, Samsung's Taylor plant is likely to generate the expansion of ancillary businesses and more industrial and residential development to accommodate the growing workforce. 🏒🏘️

A Paradigm Shift in Supply Chain Strategies πŸ”„

The CHIPS Act has catalyzed a paradigm shift in supply chain strategies. Companies are increasingly locating in regions with a strong labor force and diverse supplier base, and Texas is perfectly positioned to take advantage of this evolving industrial real estate market. The state is emerging as a critical player in the future of semiconductor production, reshaping commercial real estate development in the process. 🌟

The Future of Texas CRE πŸŒ†

As the semiconductor industry continues to expand in Texas, the commercial real estate market is set to experience significant growth. Developers who strategically position themselves within these thriving manufacturing clusters will be well-placed to capitalize on the opportunities presented by this new era. The Texas CHIPS Act is not just driving manufacturing; it is laying the foundation for a robust and dynamic commercial real estate market, making Texas a pivotal player in the global semiconductor landscape. 🌍

The transformative power of the Texas CHIPS Act underscores the importance of proactive and strategic investment in commercial real estate. By understanding and leveraging these trends, developers can ensure they are at the forefront of this exciting new chapter in Texas' economic development. πŸ“Š

#TexasCHIPSAct #SemiconductorBoom #CRE #RealEstateDevelopment #TexasEconomy #ManufacturingRevolution #FutureOfTech #TexasInnovation #CommercialRealEstate #SupplyChainTransformation

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

https://www.houstonrealestatebrokerage.com/

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

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

https://www.tenantbase.com/advisors/bill-rapp/

https://buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/[email protected]

www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=mortgageviking

https://www.fastexpert.com/agents/bill-rapp-95118/

https://www.homelight.com/agents/bill-rapp-tx-595622?preview=t

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

Β© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial LLC

Texas CHIPS Actsemiconductor manufacturingcommercial real estate developmentmanufacturing clusterslogistics infrastructuresemiconductor industryTexas Instruments Sherman plantSamsung Taylor fabsupply chain strategiesTexas Semiconductor Innovation Consortium (TSIC)Texas Semiconductor Innovation Fund (TSIF)economic development in Texasoffice spaces and housing developmentsindustrial real estate market
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 clients’ 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 specific’s business’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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