Call: (281) 222-0433

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.

View Properties

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

View Properties

FEATURED PROPERTIES

Office

Retail

Industrial

Medical

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

💡 Why Houston Hospitals & MOBs Are the Next Big CRE Pipeline — Growth Zones You Can’t Ignore 🏗️

🏥 Houston’s Medical Expansion Wave Is Reshaping CRE — Here’s Where Investors Are Buying 📈

Commercial Real Estate

December 05, 2025•4 min read

🏥 Houston’s Medical Expansion Wave Is Reshaping CRE — Here’s Where Investors Are Buying 📈

💡 Why Houston Hospitals & MOBs Are the Next Big CRE Pipeline — Growth Zones You Can’t Ignore 🏗️

Houston’s Medical Expansion Wave: Why Hospitals & MOBs Are Creating a New CRE Pipeline

Houston is no stranger to healthcare dominance—home to the largest medical center on the planet. But over the next five years, a new medical boom is unfolding far from the Texas Medical Center: Katy, Fulshear, West Houston, and Richmond are experiencing one of the most aggressive hospital and medical office expansion cycles in the region’s history.

This wave is reshaping commercial real estate demand, land values, retail absorption, and professional service corridors. Investors who understand the pattern early are positioning themselves for outsized returns.

The New Healthcare Triangle: Houston Methodist West • Texas Children’s • Fulshear’s Emerging Care Hub

1. Houston Methodist West – A Full-Campus Expansion in Katy

Houston Methodist West continues to build around its I-10 campus, adding:

·New patient towers

·Expanded surgical capacities

·More outpatient and specialty care services

·Supporting MOB clusters along Park Row, Kingsland, and the Medical District spine

This expansion is driving:
✔ Higher demand for MOBs within 1–3 miles
✔ Increased land absorption along Westgreen, Fry Road, and Park Row
✔ New mixed-use and retail centers serving the hospital workforce and families

Industrial owners near the campus (especially along Merchants Way and Park Row) are already seeing rising valuations due to spillover demand.

2. Texas Children’s Hospital – West Campus Growth Continues

Texas Children’s West Campus is doubling down on:

·Pediatric surgical centers

·Behavioral health outpatient clinics

·Urgent care expansions

·New parking and support facilities

Why investors care:
🏥 Pediatric campuses generate some of the highest-performing medical office demand in the market.
👨‍⚕️ Specialists—orthopedic, ENT, imaging, therapy—cluster tightly around pediatric anchors.
📍 Land near Barker Cypress, Bridgepoint, and Greenhouse Rd continues appreciating faster than the broader submarket.

3. The Fulshear Surge – The Next Major Healthcare Hub

Fulshear has grown 1,000%+ in population over the last decade, and healthcare providers are rushing to keep up.

Key developments:

·A planned comprehensive care center announced near FM 1093 & FM 1463

·Specialty clinics and urgent care operators signing space ahead of rooftops

·Retail centers pre-leasing to medical tenants instead of restaurants

What this means for CRE investors:

·⭐ MOB cap rates in Fulshear are compressing fastest in the West Houston corridor

·⭐ Developers are assembling land for future two-story medical campuses

·⭐ Build-to-suit opportunities for dentists, surgeons, PT, imaging, and primary care are accelerating

Medical tenants are now the anchor strategy for many suburban retail centers—because they stay longer, pay premium rents, and survive economic cycles.

Why Medical CRE Is Becoming a Core Investment Strategy in 2026–2030

1. Healthcare is recession-resistant

Medical tenants don't “go out of style.” Even during down cycles, hospitals and physicians expand where the people move.

2. Land near hospitals appreciates faster

West Houston corridors with hospital anchors have historically outpaced the broader market by 12–18% annually, particularly near:

·I-10 West (Methodist West + TCH)

·Grand Parkway (retail + MOB clustering)

·FM 1463 and Fulshear

3. Retail → Medical Conversion Trend

As traditional retailers struggle, medical users are quickly backfilling spaces such as:

·Former restaurant buildings

·Flex/industrial spaces needing conversion

·2nd-generation retail inline suites

This creates new opportunities for value-add investors.

4. Developers Are Prioritizing Medical Anchors

Why developers prefer medical tenants:
✔ Lower turnover
✔ Higher credit quality
✔ Triple-net lease potential
✔ Long-term stability

Medical office vacancy in West Houston remains one of the lowest in the region.

Where the Next Pipeline Is Forming

Look for rapid CRE growth along:

📍 FM 1463 – Fulshear’s medical corridor
📍 FM 1093 / Westpark Tollway Extension – Build-to-suit and MOB land
📍 Grand Parkway (99) – Retail + medical clustering
📍 Kingsland Blvd & Park Row – Hospital support services
📍 Brookshire – Affordable land near population boom

These areas will define the next wave of medical CRE expansion.

Investor Takeaway

Houston’s medical surge isn’t just a healthcare story—it’s a commercial real estate opportunity.
Hospital expansions and MOB development are creating:

✔ New land demand
✔ Stronger retail absorption
✔ Increasing investor migration
✔ More stable cap rate environments
✔ Long-term tenant pipelines

For investors, developers, and owner-users, the next decade of Houston CRE growth will be medical-driven—especially in Katy and Fulshear.

https://www.houstonrealestatebrokerage.com/

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/

https://www.amazon.com/dp/B0F32Z5BH2

https://veed.cello.so/FOmzTty6oi9

https://creplaybookseries.billrapponline.com

https://creplaybook.billrapponline.com/

Houston medical expansionKaty medical expansionFulshear medical expansionBrookshire medical expansionRichmond medical expansionMedical office buildings HoustonMedical office buildings KatyMedical office buildings FulshearMedical office buildings BrookshireMedical office buildings RichmondFulshear healthcare developmentKaty healthcare developmentBrookshire healthcare developmentRichmond healthcare developmentHouston Methodist West expansionTexas Children’s Hospital West CampusHouston CRE 2026Medical office investment TexasKaty Medical Real EstateFulshear Medical Real EstateBrookshire Medical Real EstateRichmond Medical Real EstateHouston commercial real estate growthMOB development trends

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.