Black Label Commercial News

MEDICAL DEVICES COMPANY RELOCATED TO HOUSTON COMMERCIAL REAL ESTATE BROKER RELOCATION SERVICES

Wed, 28 Jun 2023 16:20:52 GMT

COMMERCIAL RELOCATION

This particular client specialized in medical devices and was relocating from Canada to Houston. Initially, the plan was to purchase an existing industrial facility in north Houston close to Beltway 8. After 3 months of searching and touring dozens of properties, the ownership group decided to shift the strategy and pursue a design-build option.

Once the decision was made to construct a new facility Black Label was able to locate the land, negotiate the price, and perform all due diligence within 60 days. During this 60-day due diligence period, Black Label coordinated with the company’s local representative to design a facility that would accommodate all of their needs as well as fit their budget and the property. Pricing became an issue during this process and U.S. based lenders were hesitant to provide favorable debt terms to a newly established entity and to owners that weren’t U.S. citizens. At this point, the owners of the company began looking at existing facilities again as the target date to be operational was coming up in 11 months. The decision was made to lease a temporary facility in Houston to take delivery of newly ordered machinery on time. Black Label was able to locate a building that would meet there needs in the short term and get them entered into a 12-month lease.

During this short-term lease, planning and permitting continued on the build to suit the facility. Prior to construction commencement, the company’s owners decided they did not want to sink capital into real estate. Their only options were to negotiate a long-term lease for the building they were in or find another building that worked better. By this time the owners of the company had spent approximately $700,000.00 on land, plans, and permits. This was a considerable amount of money that would be difficult to recoup in a short amount of time. So, rather than start over, Black Label proposed a lease back option that would allow construction of the new facility to proceed. The deal would require an investor/developer to come in and purchase the property from the company while at the same time the company would execute a long-term lease with the investor/developer. Black Label began presenting the property/project to Houston area investors and developers and negotiated several deals until we found one that worked for all parties involved. Within 30 days, Black Label had a contract, and lease in place and construction proceeded. Construction was scheduled to take 8 months but the contractor was able to complete the project within 6 months. Two weeks after completion of the building the short-term lease expired and the company was able to move directly into the new building.

If you are looking to relocate your company to Houston or simply need a new facility, please contact Black Label Commercial Group today to see how we can help.

MEDICAL DEVICE COMPANY RELOCATED FROM CANADA TO HOUSTON TEXA

Warehouse/Flex Space

Case Study: 40,000sqft Build to Suit

Client Type: Light Manufacturing

Space Requirements: 40,000sqft Building: 11,000sqft office / 29,000sqft warehouse

Location: North Houston

Services: Relocation / Site Selection / Design Build / Lease Back

RETAIL 1,400SQFT SPACE ON FM 1960

Wed, 28 Jun 2023 16:20:51 GMT

Just listed: 1,400sqft retail space available for lease. Situated on FM 1960, this retail space is highly visible. The property is conveniently located between I-45 and Hardy Toll Rd and is surrounded by new developments. For more details, click here: https://lnkd.in/eF9AuEp

Casey Butaud,
Founder and Managing Member at Black Label Commercial Group

1610 FM 1960,
Houston, Texas 77073

(936) 441-2610

29,000 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX

Wed, 28 Jun 2023 16:20:50 GMT

BUILDING A1520 FM 1960 PKY

29,000 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX

HIGHLIGHTS

29,000sqft Industrial Space/2.326 Acres
20 Ton Crane Ready
(4) 14’ x 16’ grade level doors
32’ Eave height
3 phase, 480v power/1000 amp

FEATURES

Clear Height: 32’
Warehouse Floor: 6”
Drive-In Bays: 4

PROPERTY OVERVIEW

New 29,000sqft industrial facility at the corner of Hardy Toll Rd & FM 1960. High visibility and easy access to Hardy / I-45 / Grand Parkway / BW8 / 59.

29,000sqft Industrial Space/2.326 Acres; 32’ Eave height 20; Ton Crane Ready
3 phase, 480v power/1000 amp; (4) 14’ x 16’ grade level doors; 2.326 acre site / outside storage area; Space for loading dock/future truck well; Security fenced and gated.

INDUSTRIAL FACILITY FACTS

Building Size: 29,000 SF
Lot Size: 2.32 AC
Construction: Steel
Power Supply: Amps: 1,000 Volts: 480 Phase: 3

Beau Harris

(936) 441-2610

CALL NOW!

ATTACHMENTS 1520 FM 1960 A – Flyer 2.21.2023

25,500 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX 1520 FM 1960 Pky, Building B, Houston, TX 77073

Wed, 28 Jun 2023 16:20:49 GMT

BUILDING B1520 FM 1960 RD

25,500 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX

HIGHLIGHTS

32' eave height / 20 ton crane ready / 3 phase
480v 1000 amp / (4) 14' x 16' grade level doors / 2.326 acre
available with outside storage

Property is located at the South West corner of Hardy Toll Road and FM 1960

PROPERTY OVERVIEW

25,500sqft Industrial Space/2.326 Acres
32' Eave height
20 Ton Crane Ready
3 phase, 480v power/1000 amp
(4) 14' x 16' grade level doors
2.326 acre
site / outside storage area
Space for landing dock / future truck well
Security fenced and gated

Beau Harris

(936) 441-2610

CALL NOW!

OFFICE WAREHOUSE WITH RETAIL EXPOSURE FOR LEASE IN KATY TEXAS

Wed, 28 Jun 2023 16:20:17 GMT

HIGHLIGHTS

High traffic frontage
22' eave height
Excess Parking
High visibility and easy access
3 phase power
Large truck court

FEATURES

Clear Height 22'

Drive-In Bays 4

OFFICE WAREHOUSE WITH RETAIL EXPOSURE FOR LEASE IN KATY, TEXAS

Brand new business park conveniently located at the intersection of Mason Road and Bridgewater Village Drive in Katy, TX. This Park offers tremendous opportunity to establish your business in a well developed area with strong customer and employee base. Being only ¼ mile off Grand Parkway this business park allows for quick access to a major thoroughfare with little to no traffic getting to and from the property.

Retail and Office Warehouse Spaces For Lease
1,167sqft- 11,900sqft Spaces
$1.35 psfm –$1.95 psfm

Located less than ¼ mile from Grand Parkway, North Mason Business Park offers flexible options to meet your unique business needs.

Phase I – Mason Rd 2.17.2023 – PRICING INFORMATION

Beau Harris

(936) 441-2610

CALL NOW!

Black Label Commercial News

MEDICAL DEVICES COMPANY RELOCATED TO HOUSTON COMMERCIAL REAL ESTATE BROKER RELOCATION SERVICES

COMMERCIAL RELOCATION

MEDICAL DEVICE COMPANY RELOCATED FROM CANADA TO HOUSTON TEXA

Warehouse/Flex Space

RETAIL 1,400SQFT SPACE ON FM 1960

Just listed: 1,400sqft retail space available for lease. Situated on FM 1960, this retail space is highly visible. The property is conveniently located between I-45 and Hardy Toll Rd and is surrounded by new developments. For more details, click here: https://lnkd.in/eF9AuEp

Casey Butaud, Founder and Managing Member at Black Label Commercial Group

1610 FM 1960, Houston, Texas 77073

﻿

(936) 441-2610

29,000 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX

BUILDING A1520 FM 1960 PKY

29,000 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX

HIGHLIGHTS

FEATURES

PROPERTY OVERVIEW

INDUSTRIAL FACILITY FACTS

Beau Harris

(936) 441-2610

ATTACHMENTS 1520 FM 1960 A – Flyer 2.21.2023

25,500 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX 1520 FM 1960 Pky, Building B, Houston, TX 77073

BUILDING B1520 FM 1960 RD ﻿

25,500 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX ﻿

HIGHLIGHTS

PROPERTY OVERVIEW

Beau Harris

(936) 441-2610

OFFICE WAREHOUSE WITH RETAIL EXPOSURE FOR LEASE IN KATY TEXAS

HIGHLIGHTS ﻿

OFFICE WAREHOUSE WITH RETAIL EXPOSURE FOR LEASE IN KATY, TEXAS

Phase I – Mason Rd 2.17.2023 – PRICING INFORMATION ﻿

Beau Harris ﻿

(936) 441-2610 ﻿

Casey Butaud,
Founder and Managing Member at Black Label Commercial Group

1610 FM 1960,
Houston, Texas 77073

BUILDING B1520 FM 1960 RD

25,500 SF OF INDUSTRIAL SPACE AVAILABLE IN HOUSTON, TX

HIGHLIGHTS

Phase I – Mason Rd 2.17.2023 – PRICING INFORMATION

Beau Harris

(936) 441-2610