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  • library_books Free Rent! Warehouse for Lease! Really? - Let Me Explain...
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    Posted by Eric Hughes, on December 13, 2011 and Updated on August 18, 2019
    Article Synopsis

    So we need to lease a warehouse - how much free rent can you get us?”  That is a common question I get from my clients.  It generally does not matter if they are local or global, $100k/year or $100mm/year, everyone wants to feel they got the upper-hand or a good “deal.”  But what does “free rent” really mean?

    Free rent is, in most circumstances, a period of time where the tenant pays no rent or partial rent during the lease.  This period is usually front loaded on the lease term.  This is a great marketing ploy for landlords and is generally a win for the tenant too.  It is pushed as a savings in rent to offset move-in and set-up costs incurred by the tenant.  Free rent is also called “Rental Abatement” - which is, as a description, generally more palatable to Landlords.  Owners hate to give away money.  At the end of the day, owners want to lease their properties up and if they can lease it now, give a few months of free rent and eliminate the risk of additional months of vacancy, then it ends up being a wash for the owner. 


    Let me explain the tricks around Free Rent.  Typically,  free rent is never free.  Rental abatement is recouped later in the lease.  While time value of money may be gained, the Landlord will generally pad his proposal to account for any opportunity costs.   As an example, if you as the tenant want to rent 10,000 SF for 60 months and the Landlord gives you 3 months free rent, he will typically add the months to the term of the lease - so 63 months.  Now the Landlord will want rental increases in later years and will start those “bumps” in month 13 of the lease.  Now the added three months will be at the highest rate in the term, thereby increasing the average rate over the lease. 

    Free rent up front is a plus for the tenant, provided the tenant does not have to pay more in rate over the term in order to get the free rent. 

    Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?

    Contact the WarehouseFinder.NET Broker Affiliate Network below.

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.


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  • library_books Centermark Commercial Real Estate leases 91,000 SF to Pro-Kleen, Inc. in Houston, TX
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    Posted by Eric Hughes, on December 9, 2011 and Updated on August 12, 2019
    Article Synopsis

    Eric Hughes at Centermark Commercial Real Estate represented the Landlord, McCorvey Real Estate Holdings, LP, at 4800 Fidelity on a 91,000 SF warehouse lease to Pro-Kleen, Inc.  Eric indicated that they have 54,000 SF remaining available to lease at the property and already have a deal pending.  He also said that the area is under served for quality crane-served warehouses.  “Companies needing warehouses with cranes do not have many options in Houston…period.  Especially on the East side near the Port of Houston”.

    Centermark is working with  McCorvey to develop approx. 6 additional spec crane-served buildings for Lease in the immediate area of Loop 610 and Market street.

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    • Houston, TX
  • library_books New Crane Served Warehouse Development Coming to East Houston
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    Posted by Eric Hughes, on November 14, 2011 and Updated on August 12, 2019
    Article Synopsis

    McCorvey Real Estate Holdings, Inc, in conjunction with Centermark Commercial Real Estate, is developing an industrial warehouse park to be located in the 9000 block of the I-10 East Freeway in Houston.  The 13 acre site is actually in Jacinto City and zoned Heavy industrial.  With frontage on both I-10 and Market street, this location has excellent access to I-10, 610E and Market Street. 

    Eric Hughes, owner of Centermark CRE, says that the project will offer manufacturing office warehouse buildings for lease and is currently slated for four (4) freestanding, crane ready warehouses with outside storage.  Sizes will range from 18,000 SF to 40,000 SF.  Crane capacity is set for up to 30 tons with hook heights up to 28’.

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    • Houston, TX
  • library_books Industrial Property Pick of the Week - Warehouse for Lease
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    Posted by Eric Hughes, on October 20, 2011 and Updated on August 12, 2019
    Article Synopsis

    Probably one of the best deals on the East side of Houston is actually a selection of spaces bordering both market Street and I10-East.  Two different owners with multi tenant distribution type facilities have spaces for lease from 8,000 SF to 40,000 SF and rates range between $.32 PSF and $.35 PSF/month gross.  These are tiltwall warehouses with 24’+ clear and they are fire sprinklered.  They even have ample truck courts.  While there are a few similar options on Wallisville Road and at Turning Basin, we feel these spaces have better access.  A few even have rail access!

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    • Houston, TX
  • library_books 560 Portwall - 2.2 acre yard for lease
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    Posted by Eric Hughes, on September 2, 2011 and Updated on August 18, 2019
    Article Synopsis

    No Longer Available.

    Centermark Commercial Real Estate is marketing 560 Portwall, in East Houston.  The property is 2.2 acres and is fully concrete paved, fenced and lighted.  Utilities can be made available for an office trailer.  Rent is $4,950 Per month NNN.

    Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?

    Contact the WarehouseFinder.NET Broker Affiliate Network below.

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

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    • Houston, TX
  • library_books Property Pick of the Week - Warehouse for Sale - Houston, TX
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    Posted by Eric Hughes, on September 1, 2011 and Updated on August 12, 2019
    Article Synopsis

    No longer available.

    11001 Wallisville Road, Houston, Texas - 17,700 SF on 2+ acres:11001 Wallisville Warehouse for Sale

    Click here for more information.

    Our pick of the week is 11001 Wallisville Road.  At $619,000 this industrial office/warehouse is offered for sale and is priced below market.  The property is 17,700 SF on 2.34 acres and has approximately 1,500 SF of office.  The land is laid out well for outside storage and minimal area is wasted.  This building is one of the cleanest we have seen, especially given that it is a machining operation. 

    For more information on this property contact Anne Vickery at KW Commercial  (713) 907-9680.

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    • Houston, TX
  • library_books For Sale - 3,000 SF warehouse on 1/2 acre of land in Pearland, TX! Reduced Price!
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    Posted by Eric Hughes, on August 26, 2011 and Updated on August 18, 2019
    Article Synopsis

    Photo of 3000 SF warehouse for sale in Pearland, TXGreat small warehouse for sale in Pearland, Texas!

    Centermark Commercial Real Estate is offering a 3,000 SF metallic warehouse on 1/2 acre of land for sale at 1421 Stone Road, in Pearland Texas.  The property has office/living quarters, A/C shop or tech area, loft storage and un-air conditioned warehouse space.  The front yard area is mostly stabilized and has fenced yard area to the side of the building.

    This property is well located just South of the Sam Houston Tollway South in Pearland, Texas.  Perfect for small service or fabrication business.  Also suitable for a live/work arrangement.  Asking price is $270,000.00 (was $275k)

    Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?

    Contact the WarehouseFinder.NET Broker Affiliate Network below.

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.


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    • Houston, TX
    • Pearland, TX
  • library_books East Houston - Warehouse For Lease - Rate Reduced!
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    Posted by Eric Hughes, on August 22, 2011 and Updated on August 12, 2019
    Article Synopsis

    No longer available.

    The owner of 8220 Mosley in Southeast Houston has reduced the rental rate from $.38 PSF Gross to $.34 PSF Gross/month.  The warehouse is also for sale at $2,550,000.00.  The property is well located one block off I-45 South and about 10 minutes to the ship channel and Port of Houston.

    With approximately 75,000 SF on 4.82 acres of land, this property can accommodate distribution users, manufacturers and fabrication operations.  An additional, adjacent 4.82 acres is available and adjacent at $2.75 PSF.  The warehouse is tiltwall and has an interior clear height of 19‘6″ and is fully fire sprinklered.  There is approximately 600 SF of office.  Heavy power is available.

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    • Houston, TX
  • library_books 7,200 SF Warehouse / Auto Repair Shop for Sale
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    Posted by Eric Hughes, on August 19, 2011 and Updated on October 21, 2021
    Article Synopsis

    No longer available.

    Centermark Commercial Real Estate has listed a 7,200 SF warehouse for sale in Northeast Houston located at 4004 Trenton.  The property is currently used as an auto repair facility and all the lifts, alignment maching, racks, etc will stay with the property.  The owner/operator is relocating its business out of state and will leave three (3) challenger lifts and the Hunter Alignment machine.

    This warehouse offered for sale has 24’ eaves and is fully insulated with four (4) overhead doors.  Located outside the city limits, this warehouse has low tax rates.

    Asking price is $395,000 including equipment.

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    • Houston, TX
  • library_books 2.2 acre yard for lease- Price Reduced
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    Posted by Eric Hughes, on July 28, 2011 and Updated on August 11, 2019
    Article Synopsis

    Portwall/I-10E - Houston, Texas 
    Concrete paved and fenced yard for lease in East Houston. Lease rate reduced to $4,950/month gross.

    No longer available.

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    • Houston, TX
  • library_books Lawndale Industrial Warehouse For Lease - Reduced Rate
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    Posted by Eric Hughes, on July 28, 2011 and Updated on April 14, 2020
    Article Synopsis

    8910 to 8930 Lawndale, Houston, TX

    The rental rate at the Lawndale Industrial Park has been reduced to $.34 PSF Gross!  Spaces are available from 6,250 SF to 12,500 SF with grade level and dock high loading.  Warehouse for rent in various sizes.

    This property is no longer available. If you would like information on other properties in the Houston area or elsewhere, please get started here, call us at the number above, or use our chatbox in the lower right.

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    • Houston, TX
  • library_books New Crane-Served Buildings Coming Soon Near Port of Houston - For Lease
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    Posted by Eric Hughes, on July 15, 2011 and Updated on August 11, 2019
    Article Synopsis

    Centermark Commercial Real Estate is handling the brokerage on a new development set for later this year at 4800 Fidelity in Jacinto City (Houston area).  The project will have approximately 8 freestanding industrial warehouse buildings.  Each building will be crane ready and have large outside storage yards.

    According to Eric Hughes at Centermark CRE, “Quality Crane served warehouses for lease with ample yard area are hard to find in Houston and we hope to fill that void on the near East side for those businesses needing close proximity to the Port of Houston.”

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    • Houston, TX
  • library_books Centermark Commercial Real Estate handles 22,000 SF industrial lease at 8910 Lawndale
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    Posted by Eric Hughes, on July 15, 2011 and Updated on August 11, 2019
    Article Synopsis

    Houston Wire and Cable leased 22,000 SF at 8910 Lawndale.   Eric Hughes and Scott Lawrence with Centermark Commercial Real Estate represented the Landlord.  The space leased has four dock high doors and appproximately 4,000 SF of office with the balance being warehouse.

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    • Houston, TX
  • library_books Commercial Warehouse for Lease - A Broker's Definition
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    Posted by Eric Hughes, on May 22, 2011 and Updated on November 7, 2019
    Article Synopsis

    What is commercial warehouse  for lease?  What is commercial warehouse for rent?  They are the same and they are different.  “Commercial” is just a description of the property to indicate an exclusion of residential uses.  “For rent” and “for lease” while basically synonymous, “lease” actually refers to a contractual agreement between a tenant and landlord.  “Warehouse” has many meanings in the sense that a “warehouse” can be used for many purposes and in many manners.  Here are few examples of Commercial Warehouse for Lease:

    • Distribution WarehouseTypically dock high warehouse with fire protection sprinkler systems and warehouse clear heights over 24’.  The high clear is to accommodate pallet racking.  Users of distribution space normally require minimal office finish.
    • Flex WarehouseWith a higher percentage of office finish, Flex Space is combination of warehouse and office finish, sometimes 50% of each.   Warehouse Renters of this space can be high tech, assembly and light manufacturers.
    • Manufacturing Industrial Warehouse: For me, the word industrial conveys images of heavy cranes and steel being moved, modified and shipped.  Manufacturing Warehouses often are crane served with overhead bridge cranes or jib-cranes.  The buildings are chiefly made of metal and require heavy power.

    These are just a few examples.

    Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?

    Contact the WarehouseFinder.NET Broker Affiliate Network below.

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.


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  • library_books How to Use a Grade Level Facility for Dock-High Loading
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    Posted by Eric Hughes, Steve Watts,
    Article Synopsis

    Building with Single Dock Well Conversion | Warehouse FinderThis article attempts to answer the question “Can I achieve dock-high loading/unloading using a grade-level building?” The fundamental problem addressed by warehouse loading areas - or docks in this article - is how facility team members get materials from the shipping surface of trucks, trains, etc., onto the facility floor for further handling…

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  • library_books Warehouse for Lease - Changing of the tide
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    Posted by Eric Hughes, on May 17, 2011 and Updated on August 11, 2019
    Article Synopsis

    Build, build, build.  Consume, consume, consume.  Not anymore.  Welcome to the new norm of commercial real estate.  Over the last two decades, before the oil crash, banks were lending money on a signature and good will.  As a result developers, eager to make a fee, put up millions of square feet of bulk distribution space around the country.  Now that market is subject to downsizing, reducing, consolidating and liquidating.  In many healthy markets like Houston, Dallas and Atlanta there is still a glut of distribution space for lease, despite the relative thriving commercial market.  In other large cities, a tenant can almost name its price on bulk space for lease.

    Our current slow to very slow trot to recovery is not enough to push lenders off their pedestals.  Hopefully when things do begin to pick up pace, the shortage of new product as a result of stringent lending practices will force rental rates to new highs.

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  • library_books Property Pick of the week - 401 N. Velasco, Houston, Texas
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    Posted by Eric Hughes, on May 17, 2011 and Updated on August 11, 2019
    Article Synopsis

    No Longer Available. This week’s pick is an older metal warehouse building for sale in near East Houston.  The property is a bit short on land and the warehouse clear heights are below most requirements.  However, this property is centerally located, has dock high loading and has a fire protection sprinkler system.  The best part is that the price on this 62,814 SF building has been reduced from $1.25mm to $700k.  The warehouse sits on 1.6 acres and has 5 dock high loading doors and 2 grade level doors.

    If you need a 50,000 or 60,000 SF warehouse then this may be worth considering.  The building is listed with Collier’s.

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    • Houston, TX
  • library_books Buildings For Sale - Commercial property by type
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    Posted by Eric Hughes, on May 14, 2011 and Updated on August 18, 2019
    Article Synopsis

    When looking at buildings for sale, it is important that the business owner understand the types of commercial property for sale in the market. 

    Warehouse or Industrial:  These are typically for distribution or manufacturing and can be constructed of metal or masonry materials.  Crane served manufacturing warehouses are typically metal buildings.  Warehouse can be grade level, semi-dock (2’ high) or dock level (4’ high).

    Flex Buildings:  Flex space is a hybrid of office and light industrial warehouse/tech space.  This property type caters to laboratories, computer and technical companies and instrument or data-logging industries. 

    Office Property:  Self explanatory except that single story business parks often provide very nice office space for less rent than the typical multi-story office building.

    Retail:  Again, self explanatory.  Retail options come in many shapes and sizes.  The latest trend is lifestyle center with outdoor walkways and park settings versus the old Mall style projects.

    These are a few very basic types of property to consider when looking at buildings for sale.

    Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?

    Contact the WarehouseFinder.NET Broker Affiliate Network below.

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

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  • library_books Commercial Buildings for sale - A shrinking market? How is that?
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    Posted by Eric Hughes, on May 13, 2011 and Updated on October 21, 2021
    Article Synopsis

    Construction of commercial buildings has decreased approximately 28% across the board for industrial, retail and office properties (as reported by Costar,Inc.).  This is especially true for speculative warehouse and office buildings for sale by a developer.  For the business owner looking to buy a warehouse building or office for his/her operations, this decrease may drive up pricing on existing buildings and reduce availability.  I have clients tell me quite often that in this economy there must be a glut of buildings for sale.  While that may be accurate in areas of the country with higher than average unemployment and/or a shrinking population, it is quite the opposite in booming cities like Houston, Austin, Dallas, Atlanta, Provo and Phoenix.

    While a shortage of funds from lenders for speculative development is a nationwide issue, availability of buildings for sale fluctuates dramatically from city to city.   Lender rules for loan approval do not take into account the feasibility of project based on an individual city’s needs and inventory.  A bad economy by default forces a migration of people to other, more prosperous areas of the country looking for jobs.  This drives up demand in those areas and changes the commercial real estate picture.  Tie this surge in demand to a national policy of restrictive lending and you have a shortage of quality buildings for sale.

    So, the volume of buildings for sale becomes a relative term and may not correspond to the nationwide economy, especially in a city like Houston, Texas.

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  • library_books Commercial Real Estate Resource Partnership
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    Posted by Eric Hughes, on May 13, 2011 and Updated on August 18, 2019
    Article Synopsis

    If you want to exchange links with us, you must meet the following conditions:

    * Your website needs to be related to the commercial real estate industry, brokerage, mortgage, construction or a business related to commercial real estate.

    * Your website MUST be indexed in Yahoo and Google and have a PR2 or higher 

    * The page with my link on it MUST be indexed in Google, Bing and Yahoo 

    * You must add our link to your site as stated above and have the URL in your e-mail request to us, please only use text links as links that redirect or dynamically created links or java script will be rejected. Or simply fill out the form and we’ll approve or not based on relevancy.

    Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?

    Contact the WarehouseFinder.NET Broker Affiliate Network below.

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

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