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Buying Activity on Commercial Property in Southeast Texas has Jumped

written by Lee Wheeler Over the last three months, we have seen an explosion in buying activity in Southeast Texas. Currently, Erica Goss and I have nine properties under contract and are negotiating four others. Along with this we are having serious talks with several other potential buyers. For a larger market that is not […]

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 […]
Nome has a new residential development coming. https://t.co/4CowpZBYQM
Follow the link to see the Monthly Texas Economic Review by the Real Estate Center. https://t.co/u31SbXXIqA
Property income increased 8.0% for the nation in the second quarter of 2019. The only people who regret getting int… https://t.co/Zxcr6oj1Pb
Some great 1031 Exchange refreshers https://t.co/uRlR3VOH9j
State personal income rose 5.4% in the US in the 2Q of 2019. Texas leads the way at a whopping 7.5%!!!
Concentrate all your thoughts on the task at hand. The sun's rays do not burn until brought to a focus. - Alexander Graham Bell
We were able to get to the office today and then get out and do some property assessments. We still have a few to c… https://t.co/KFOYdTKUGG
2Q Texas Commercial Real Estate Market Report Released 9.11.19 https://t.co/4vLdXr6756
We have worked so hard to bring a hotel downtown to this property for years now. No one will be happier than us whe… https://t.co/nFh5eMtXYT
We just helped Schneider extend their lease in Beaumont and here they go making big news. https://t.co/FAPhfoxHXp
We remember. https://t.co/35Yvpa0u9m
Groundbreaking diesel refinery may soon be coming to Port Arthur https://t.co/Gi5XOEWKkj
Downtown Beaumont gets State approval for Cultural Arts District https://t.co/SQWOMRruTL
Texas: 1. Produces almost 40% of America’s oil & 24% of the natural gas. 2. At $1.7 trillion, it has the 10th larg… https://t.co/Mcsh6MXtqI
DYK: Texas is 1 of 3 states contributing to 48% of the U.S. population growth.
Great article on why investing in Texas real estate is a must https://t.co/JM4x0uqK3a
Live Music abounds in downtown Beaumont https://t.co/xbq2wbGcXC
DYK: UPS was started today in 1907 by teenagers Jim Casey & Claude Ryan in Seattle, Washington. The company, origin… https://t.co/H8aiWZS5JM
Monthly review of the Texas Economy https://t.co/AOZQQSSROy