Professional and Personal: IREM Houston Offers Unique Networking and Educational Opportunities

Jo D. Miller, the chapter’s executive director, introduced Hancock to some of the others in the room, warmly welcoming the then-assistant property manager into the IREM family. “That was a key moment in my IREM life.

If it hadn’t been for Jo D. taking the initiative or noticing that there was a new person in the room who was looking a little lost, I probably wouldn’t have come back,” Hancock said. “Because of that moment, I am now the 2020 president!” IREM Houston is made up of hundreds of CRE professionals with similar stories. Many joined the organization for its educational opportunities only to find, like Hancock, a kind of family within their field. “We tend to support each other and treat each other like we are family—and I love that,” said Hancock, now operations director for REIS Associates, LLC. “I love that we don’t just network with each other. We support each other inside and outside of IREM.” “In my career with IREM, it has been just a true pleasure to see how uniquely special this organization is and how it affects people’s lives because the relationships are so sincere,” said IREM associate director Lindsay Konlande. “It is obviously very professional, but it’s also a network of people caring about people and supporting each other.” That network is focused on one goal: educating and lifting up people in the CRE industry. IREM offers real estate and property management certification that is recognized on an international level. Programs include Certified Property Manager (CPM), Accredited Residential Manager (ARM) and Accredited Commercial Manager (ACoM) for individuals. “A lot of employers now are seeking out credentialed real estate managers, especially those with a CPM,” Hancock said. “I think IREM provides a phenomenal opportunity—not only to further your career path, but also to increase your knowledge through all of the educational offerings the organization provides.” The opportunities offered by IREM aren’t reserved for newcomers. Konlande said even someone with 25 years of experience can benefit from continuing education. “We have options that could potentially get you a raise or the ability to open up your own organization,” she said. IREM also offers companies the option to pursue Accredited Management Organization (AMO) certification or the Certified Sustainable Property (CSP) program. “Those are all credentials through IREM that are very recognizable within the commercial real estate industry,” said Hancock. “They give you an overall advantage.” And they connect you with the heart of IREM: the people. “Initially, you just sign up for classes and network with your peers. But you start to cultivate these relationships. Then next thing you know, someone in one of your classes who’s on a committee wants you to join or get involved,” Hancock said. “You come for the education, but you thrive off of the relationships and camaraderie.” The group that belongs to IREM is as diverse as they come with members in all different sectors of different ages with different experience levels. “It’s a welcoming place for anyone of any background and at any level of their career,” said Konlande. Echoed Hancock, “It really is like no other organization because of its welcoming environment and the connections that will last you a lifetime. It pays off professionally and personally.” For more information about IREM, visit IREMHouston.org.

First Investors Financial Services Renews 39,000-SF Office Lease in Houston

NAI Partners recently arranged a 38,765-square-foot office lease for First Investors Financial Services, Inc. at 5757 Woodway in Houston. The building is occupied by a variety of tenants including medical, traditional office, service and co-working tenants. NAI Partners’ Dan Boyles, partner and member of the company’s office tenant rep group, represented First Investors Financial Services in the transaction. The landlord, 5757 Woodway Realty, LTD, was represented by Braun Enterprises. 5757 Woodway Realty, Ltd. (a Braun Enterprises-related partnership) purchased the building in 2018 and immediately rebranded the building, transforming the project inside and out. Braun initially built out their office suite concept—Urban Office by Braun Enterprises—which consists of modernized small office suites with shared work space, conference rooms, kitchen, lounge area and other amenities and later leased it to Local Office a local co-working concept. Additionally, Braun developed space beneath the parking garage which is now occupied by Sola Salon Suites. First Investors Financial Services is an automobile finance company founded in 1988 to serve the special finance needs of automobile dealers and consumers.

M Kidd Properties Facilitates Sale of 5902 and 5904 Dolores Street Houston Property

Houston, TX (January 4, 2021) George W Evans Properties, Ltd. has sold 5902 and 5904 Dolores Street containing 23,177 SF of land and 2,844 sf of improvements. The buyer was represented by Kal Drooby Realtors. The seller was represented by Mark Kidd, Sr. and Mark Kidd, Jr. of M Kidd Properties, Inc.

For information contact:
Mark Kidd, Sr.
M Kidd Properties, Inc.
Email: mark@mkiddproperties.com
Office: 713-968-4601

Bellomy & Co. Brokers Sale of Self-Storage Facility in Rosenberg, Texas

Bellomy & Co. announced the sale of Texas Storage in Rosenberg, Texas, 37 miles southwest of Houston. The Class B property comprises 335 units in 44,718 square feet. Bill Bellomy and Michael Johnson of Bellomy & Co. represented Diehl Investments II LP, the Katy, Texas-based seller. The team also procured the Delaware-based buyer, BCORE Storage Jennetta LP

Preparing for Partnerships: Waller County EDP Ready for Reshoring & FDI Opportunities

When ‘partnership’ is part of your organization’s name, being awarded for working on a partnership is about as good as it gets. Waller County Economic Development Partnership recently took home a bronze award for Public Private Partnership from the International Economic Development Council. “To be judged as one of the best in the world, by the best in the world, is truly both humbling and rewarding,” says Vince Yokom, the EDP’s Executive Director. The EDP worked with the Waller County Road Improvement District and Waller County to help Ross Stores, Inc. build a new distribution center in the community just west of Houston. “Ross has not even occupied the facility yet and it has already been a great corporate citizen in supporting our infrastructure improvements in the area and our economic development effort,” Yokom says. “This was a true partnership effort and one of the best experiences we have had in working with a prospect.” For many companies, Waller County is an obvious choice for a distribution hub. Served by a number of major highways and freeways, as well as rail and an airport, its strategic location on Houston’s west side is an incredible asset. It is now primed for development just as U.S. companies show renewed interest in reshoring operations. For decades, these factors such as cheap labor, inexpensive transportation and endless incentives convinced companies to move their production facilities out of the U.S. But the times, they are a-changin’, as the song goes. According to the Reshoring Institute, “a growing number of businesses have rethought their global manufacturing strategies,” which has led to an increasing number of companies bringing at least part of their production back to the U.S. Click to read more at www.rednews.com.

Three Things to Know About the State of the Houston Industrial Real Estate Sector

This past year, industries across Houston and beyond have been significantly impacted. With the COVID-19 pandemic and the election, the uncertainty of the future created hesitation for many to move forward with business, while others found new opportunities for growth and expansion. While all sectors of the commercial real estate industry were affected, today we explore the state of the industrial sector as we head towards the end of the year. Houston, We Need More Space. One of the biggest shifts we have seen during COVID-19 has been the need for larger warehouse spaces in order to meet the immediate needs of the consumer. Since many customers and businesses switched to e-commerce during the pandemic, the demand for space has increased. As a result, one of the trends we are seeing is an increase in space capacity caused by the demand from national retailers and e-commerce giants like Amazon. Developers and landlords are now having to deliver additional features and amenities such as added trailer parking space, suitable loading docks and extra storage space to accommodate these tenant demands. It is a trend that the industry has been talking about for the last three years and it’s something we can expect to continue to see for the foreseeable future. Click to read more at www.lee-associates.com.