News

 

Hang on, Southeast Texas. It’s On!!!

Today, March 11, 2021, we attended the Southeast Texas Economic Forecast Breakfast. Guest speakers included Dr. Ray Perryman, a renowned economist; Jefferson County Judge Jeff Branick; Hardin County Judge Wayne McDaniel; and Orange County Judge John Gothia. We also heard from ExxonMobil, Mobiloil Credit Union, and other EDC directors in the area. We attend this […]

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 […]
SOLD! We closed this deal for the Seller. https://t.co/o7EgJV93l5
New Listing! Office For Sale just off of 11th Street in Beaumont - 6,077 SF of office and garage space. Value Add.… https://t.co/0oBTmQpdLt
LEASED!!! We recently represented the tenant, Goss Building, in securing a new lease at 4240 Milam in Beaumont. https://t.co/qb8c371hNG
LEASED! We recently completed a lease renewal with New Path Counseling Services in Lumberton at Town Centre (156 S.… https://t.co/1DMV2HyFcj
Texas 1st Qtr 2021 Commercial Real Estate Market Report https://t.co/CTFbe8ZCjp https://t.co/MGluOWc8un
Some new things coming to SETX! https://t.co/3bYw1rt6A0
As of 1-1-2021 the median tenure for CRE only REALTORS was 12 years, while those who claim residential and commerci… https://t.co/4SZRIQeexS
As of 1-1-2021 there are 1.46M REALTORS nationwide. 137,880 work in commercial real estate (CRE). Only 34,430 work… https://t.co/QMaV7l9pnI
New Listing - 0.14 Ac Lot with 3 Road Frontages and Visibility from IH-10 https://t.co/nIeYCPeMsr https://t.co/M4DjaMcZts
Sold!!! Nice little duplex office building in Groves was closed last week. https://t.co/6aOI3OXutW
How Redeveloping Your Shopping Center Can Increase Your NOI https://t.co/HRos8PUg87
Sold the signalized corner of Highway 69 and 421 in Lumberton! Any guesses on what's coming soon? https://t.co/HjM10pq7uH
SOLD!!! https://t.co/bdqgoAvlbM
The things included in this plan would devastate the economy, real estate and cut so many jobs. Very scary!!! https://t.co/SOxCgEbz4u
Investors' plant proposal requires rezoning in Beaumont https://t.co/BWYQQZOP15
Tourism in Beaumont is on the rise!!! https://t.co/IZ31k9u4FB
Check out this new Ford commercial and tell us what you recognize? https://t.co/L9eJGZqyPL
REDUCED!!! For Sale - 31,598 SF Industrial Office/WH - Port Arthur - Hwy. 365 Frontage https://t.co/faemfTIoJC https://t.co/EEbuDmySFu
5 Must Do Things Around Beaumont https://t.co/deFPnE8UjR
SOLD!!! David Rose and Lee Wheeler teamed up to make this deal happen. https://t.co/jbNN5YHTMz