Our Houston-based team of commercial real estate professionals has provided building investors like you with first-class commercial property management, landlord office leasing, commercial office brokerage, and financial reporting for over 20 years.
Lumicre’s decisive and fast-acting team of brokers, agents, and other real estate professionals is ready to help you get maximum performance from your commercial real estate investment.
As Houston’s leading commercial real estate firm, we know the prime locations in the Greater Houston market, including Houston, Dallas–Ft. Worth, San Antonio, Sugar Land, and many other local submarkets.
Lumicre is fast-moving and tenant centered
Deal speed and tenant-satisfaction make all the difference in commercial real estate investing.
Your success depends on getting quality tenants in place quickly and keeping them there, and we do everything to make that happen. That’s why we handle every step from office leasing all the way to commercial property management.
We’re the first to hear about Houston’s best deals, and we can get you on the inside track. When you start your property or tenant search with Lumicre, you’ll hear from us sooner than you expect!
We focus on your goals and assets, assessing what you have and listening to what you need. Then, we create an investment plan that will benefit you the most. We’re committed to providing the same great service to every client, every time.
We’ll Show You Your Neighbors’ Lease Activity.
With decades of experience, we know the Houston market.
When you invest through Lumicre, we manage all your facility services ourselves. Our depth and breadth of expertise means we know the real cost of owning Houston commercial real estate. We take every step to maximize your payoff while keeping tenants satisfied.
We’re savvy enough to see the opportunities in every space and gauge alternative uses.e The years of experience we bring to every transaction increase financial benefits for both owners and tenants.
Houston office spaces aren’t our only specialty. We can also help you find the perfect medical office building, retail strip center, industrial warehouse, or raw land.
Our agents can help you assess, buy, or sell any type of property. When it comes to Houston commercial real estate, Lumicre is your advocate.
Our in-house compliance, technical, and engineering experts are always on your side, while our services help you keep tenants in your properties. Basically, our ace team enables your Houston properties to reach their full potential.
20 YEARS AND 5,000,000 SQUARE FEET CAN’T BE WRONG
Exploring Commercial Real Estate in Houston
No one knows Houston Commercial Real Estate like Lumicre. We know what’s hot and what’s not, and we have 20 years and 5,000,000 square feet of commercial real estate investments to back it up.
Our deep, intimate knowledge of the greater Houston area gives us an immediate edge over our competitors. We can help you explore all your opportunities in commercial real estate in Houston.
Getting Deals Done Quickly
At Lumicre, we’re property procurement experts and get deals done quickly. We’re respectfully aggressive with every deal negotiation. When you work with our team, we do our best to take the pain out of negotiations and do right by you.
At the same time, we never rush the negotiation process. We make sure to dot all the i’s and cross all the t’s. As your advocates, we work quickly and efficiently on every deal.
On top of being speed-focused, we’re also experienced property managers. Consequently, we can manage your existing portfolio with a wide range of full-service solutions. Our host of options aren’t just to overwhelm and impress you. Instead, we offer the solutions that best suit your needs. Regardless of the size of your property or portfolio, our scalable solutions fit your goals. Rather than cookie-cutter strategies, we provide customized solutions that make the most of your assets.
Tenant-Centric Solutions
Maximizing your existing commercial real estate assets is one of our primary goals. We do this through our team-based, tenant-centric model. We focus on tenants, because we know that satisfied tenants keep you in business.
Without tenants, your assets can’t perform well. Not only that, but underperforming affects your bottom line. Because of this, our solutions are designed to help you retain tenants.
[Video3.]We prioritize excellent communication and focus on both your and your tenants’ needs. Whenever Lumicre manages a property, your tenants never need to wonder if a call will be answered or if a maintenance request will be completed.
Our team of tenant-centric professionals gets things done quickly, every time. We focus on timely communication and high-quality service, which help you retain tenants and maximize your assets.
Join the Leader in Houston Commercial Real Estate Firms
Do you envision yourself as a successful commercial real estate broker? Is your career path currently leading you toward the success you dream about? If not, what’s holding you back? Could a career move be the thing you need to jump start your commercial real estate success? If so, Lumicre could be your new home.
While it’s true that you can be a broker anywhere, ask yourself some questions. Does your current role provide training and professional development? Does it offer the freedom and independence you need to grow? Do you have a professional staff supporting you? If not, then you may need to rethink your career path.
As a tenant-centric, speed-focused firm, we value our clients, their tenants, our staff, and our brokers. Not only that, but our continued success means our Houston offices continue to grow. As our reach expands throughout the Houston commercial real estate market, we continually search for outstanding brokers to join our team.
Lumicre: Commercial Real Estate Done Right
So, what sets Lumicre apart from other Houston commercial real estate firms? Several things. First, we use a team approach in which your fellow brokers aren’t competitors. By working together, we can do more. Second, we make an exceptional support team available to you. Since we value brokers, we’ve set up well-resourced teams to support them. Third, we offer top-notch coaching for brokers like you. Above all, we value excellence and integrity in every interaction and every service we perform.
To best support our brokers, we have the staff, training, tools, independence, and senior management support to fulfill their commercial real estate aspirations. If you’re a broker who feels stuck where you are, then we believe you can achieve more. To be sure, we can help you attain the knowledge and skills you need to reach your potential and become the best broker you can be.
Does Lumicre sound like your dream team? If the answer is ‘yes’, visit our Careers page to learn more about working with one of the top Houston commercial real estate firms.
Lumicre Sugar Grove Leasing Office
4800 Sugar Grove
Stafford, TX 77477 USA Tel: (855) 713-2973 |
Lumicre Chimney Rock Office
3033 Chimney Rock Rd
Houston, TX 77056 USA Tel: (855) 713-2973 |
Lumicre Southwest Freeway Leasing Office
6671 Southwest Freeway Suite 300
Houston, TX 77074 USA Tel: (855) 713-2973 |
Lumicre Commercial Brokers, Office Leasing and Property Management19747 US-59 #210
Humble, TX 77338 USA |
Lumicre – Commercial Real Estate Property Managers
700 Louisiana St Suite #3950
Houston, TX 77002 USA |
Lumicre Commercial Real Estate23122 Valley Ranch Parkway
Porter, TX 77365 USA |
Houston Commercial Real Estate Services
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Managing Across the Houston Area |
We’ll Show You Your Neighbors’ Lease Activity.
Harris County Commercial Real Estate
Lumicre covers the entire Houston office market, from The Woodlands and the central business district to the West Beltway 8 and Clear Lake / NASA. In effect, wherever there’s commercial real estate, we’re there too. Because of this, we know the Houston submarkets. On top of that, we can help with all your Houston office leasing needs.
Houston Submarkets:
The Woodlands | Sugar Land | Katy | Spring | Stafford | Humble | Kingwood
Houston’s Largest Submarket Trends: Vacancy and Leasing Rates
In general, the closer you are to Houston’s central business district, the higher the asking rates. So, it’s no surprise that leasing office space costs more in the CBD.
For example, Houston CBD Class A office space goes for over $43 per square foot. In contrast, Class B offices lease for as little as $16 per square foot in some suburban submarkets.
Another trend is increased vacancy. Although overall, average office vacancy is up, vacancy rates vary throughout Houston.
For instance, vacancy in some suburban areas is as high as 44%. At the same time, some desirable submarkets (the CBD, The Woodlands, Greenway, The Galleria) have single-digit vacancy rates.
In particular, The Galleria goes against Houston’s largest submarket trends. Not only is it Houston’s second largest office submarket, but it also has vacancy rates below average.
On the whole, The Galleria is an ideal location for business. It also offers plenty of options for leisure activities. Because it’s one of Houston’s most desirable commercial areas, The Galleria has seen rental prices steadily rise while vacancy is falling.
Westward Expansion: Another Houston Submarket Trend
Because West Houston is one of the fastest-growing suburban areas, it’s a hotspot for relocation. On the whole, much of Houston’s recent suburban growth has been to the west, outside Houston’s Inner Loop.
Further west are areas like West Beltway 8, Katy Freeway West, and Katy Freeway East. Development along Beltway 8 has led to growth in commercial office space. In the coming years, expect more growth in Houston’s western commercial office markets.
PROACTIVE OWNER REP SERVICES
At Lumicre, we maximize lease term lengths and revenue by offering remarkable client service, building deep relationships, and engaging proactively with real estate users across Greater Houston.
TURNKEY BROKERAGE AND MANAGEMENT
As one of the top Houston commercial real estate firms, Lumicre provides a complete range of property services across Harris County and the Houston—The Woodlands—Sugar Land metro area:
- Brokerage
- Lease administration
- Asset financial management
- Build-out project management
- Facility maintenance
- Stakeholder reporting
Information on the Houston Office Market
There are more than 2.3 million people in the City of Houston and more than 6.3 million in the entire Houston metro area. On top of that, the city continues to grow. For instance, between 2018 and 2019, almost 122,000 people moved to Houston.
Houston’s growth is second in the nation only to that of Dallas-Fort Worth. What’s more, experts predict this growth will continue. By 2020, Houston should have 2.5 million residents.
A Demand for More Commercial Office Space in Houston
A growing population means a growing demand for office space. However, Houston-area office occupancy rates are unusual. In general, Houston’s office vacancy has been rising for a few years. For example, Houston office vacancy increased from 13.4% in Q4 2014 to 17.5% in Q2 2019.
In general, higher vacancy and a glut of available office space is good news for office tenants. Indeed, Houston tenants have their choice of great office spaces at competitive rates. For example, sublease space decreased by $1.23 per square foot in the past 12 months.
Efficient
Without a doubt, efficiency means doing the right things. Lumicre focuses client resources on what’s most important.
Effective
Going beyond efficiency, Lumicre is the Harris County leader in doing things right. We accomplish this through innovative business modeling, reporting, and asset maximization.
Remarkable
Because we value remarkable client service, Lumicre property managers get their training at AAA Five Diamond resorts.