Time to sell? Price matters, but here are five additional components

By Lee Y. Wheeler, III, CCIM, President of Wheeler Commercial   Commercial real estate values are at or near their historical peak in many markets. But even in cases where prices have yet to fully recover or simply remain flat, now could still be the right time to sell. The reality with this or any […]

Red Cross Enlists the Help of Wheeler Commercial

    The American Red Cross recently enlisted the help of Wheeler Commercial to dispose of two commercial properties in Beaumont, Texas. One of the properties was vacant land while the second consisted of a 10,000 SF building on Eastex Freeway. The Eastex building was their local headquarters. The Wheeler Commercial team of Erica Goss […]

Wheeler Commercial Verified as Service-Disabled Veteran-Owned Business

Beaumont, Texas – May 10, 2017 – The U.S. Department of Veterans Affairs has verified Wheeler Commercial as a service-disabled, veteran-owned small business. Wheeler Commercial is eligible to participate in Veterans First Contracting Opportunities with the VA. The VA spends over $3 billion with eligible veteran-owned small businesses helping to stimulate the small business community […]

Wheeler Commercial Secures New Location for Code Red Safety

The team of Lee Wheeler and Erica Goss of Wheeler Commercial recently secured a new location for Code Red Safety in Nederland, TX. The new location will allow for Code Red’s current and future growth. The 2619 Highway 69 location consists of 9,000 square feet of space with some yard space as well. Wheeler and […]

A Day in the Life of a Commercial Real Estate Broker

0600– Up and at ‘em as the kids have to get to school and it is a full day of meetings and showings. Spend some alone time with God in prayer and worship!  Contracts, leases and LOIs need to be prepared, deals need to be negotiated, prospecting needs to be done. 0745 – Last kiddo […]
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Wheeler Commercial Wins Contract with City of Beaumont

Beaumont, Texas – February 24, 2017 – Wheeler Commercial will be the sole commercial broker for all City of Beaumont property listings. “We take great pride in working with the City of Beaumont and we hope to continue this great relationship for years to come,” said Lee Wheeler, broker at Wheeler Commercial. Of the 8 […]

Keep On Top of Rent Collections in Apartments

A good management system efficiently records, reports, and manages income from tenants. A poor system, on the other hand, is likely to increase the amount of work, create tenant conflicts, and reduce the amount of total collections. The income from managed apartments is determined by the actual collection of rents, not by the number of […]

Extra Income From Campus Apartments

When an owner has an apartment property near the campus of a university, there are particular problems. The competitive situation dictates that leases be offered for one semester of nine and a half months. A twelve-month lease for students is virtually unheard of. That means there are lots of vacancies as soon as final exams […]

The Singles Market In Apartments

For decades, apartments were predominately rented by married couples. That has changed -the one-person household is in. Investors who can provide the housing that satisfies the needs of the single tenant will stand to profit. We all know that the number of persons living alone has increased. Figures from the census bureau show that households […]

Be Aggressive in Getting Commercial Tenants

At all times, good or bad, we must aggressively search for replacement tenants. A month’s rent from a vacant unit can never be recovered. Just running expensive advertising for this space can be nonproductive. A better way might be to have a professional management company that keeps all local brokers who specialize in leasing informed […]
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