Commercial Real Estate Rents on the Rise

The below article by Glen Sommervile hit the current CRE industry momentum precisely on the head.  Of course not being a Houstonian, he didn't mention that Houston is the brightest star of the entire country as it relates to commercial real estate.  Every segment seems to be hitting on all cylinders.  Brokers are as busy as they have ever been, land prices, particularly inside the loop, seem to increase almost daily, and for the time being, there do not appear to be any dark clouds on the horizon that would indicate things slowing down anytime soon. To read Sommervile's full article you can click here.

 

 

 

Iconic Houston Rich's Night Club For Sale

Please contact Edward Heap to tour or gain supplemental information about this property.

Davis Commercial via the Chron

Our very own Jonathan Hicks was quoted throughout the below Houston Chronicle article. Given Dunkin Donut's popularity and cult-like following, there's been a lot of press following our work with them. Make sure to follow Davis Commercial on Twitter and Facebook to keep up to date with it all!  

 

CRE Industry Chat: Using Yelp as Marketing Tool

image source here

Broker Savant, a well know commercial real estate blog, recently wrote an interesting post regarding Yelp and how CRE professionals can utilize it to identify prospective clients. Three of these ways are as follows;

1. Customer Service 
Add value to your clients by not just selling/leasing them a building but also educating them on what Yelp users are saying about the respective space. Make your client aware of anything that people write about that relates to the property itself.

2. Identifying Leads and having a introduction
- That cold call just became warmer now that you have read something pertinent about a prospective client's business. Tell them what you read and how that pertains to what you do.

3. Location, Location, Location!
Search the word "location" in yelp and see what comes up. Are there Yelp users hoping their favorite restaurant or store would open up another location? Perhaps you can aid the business owner in doing so!


*To read the full article on Broker Savant,click here.

Davis Commercial for Dunkin Donuts

 

Per this article in the Houston Business Journal, Dunkin Donuts has recently announced three new locations in the Houston area - two of which, we at Davis Commercial, aided the company in sourcing. We worked with Dunkin Donuts to find both their Pasadena location at 4130 Fairmont (opening July 27th) and their 2330 South Shepherd Drive location. (Opening July 30th.) "Running on Dunkin" will now be considerably easier for Houstonians - let's all celebrate with a chocolate long john!

Davis Commercial for Prince Minerals

We're thrilled to have just completed a Tenant Representation assignment for Prince Minerals.  We represented them on a lease of 11,839 square feet in The Atrium One building located in Greenspoint area for their Houston Headquarters. Best of luck to them in their new space!

 

 

COMMERCIAL REAL ESTATE, ACCORDING TO THE WORLD WIDE WEB

Here's a round up of this week's best headlines concerning commercial real estate. Happy reading!

 

 

A list of the "Top 60 Commercial Real Estate Blogs You Must Read". We're not on there yet but to be fair, we've only been live for a day.

Commercial Mortgages - How is the Fed's action impacting commercial real estate? This article takes a stab at the answer.

FORE! Top Golf is opening up a 2nd location in Houston. Read about it here.

CBRE Group reports that US Commercial Real Estate remains on track for Q2 in 2013. Details here.