2ND QUARTER | 2019
Commercial Quarterly
Commercial Quarterly Volume 11 | Issue 2 | 2nd Quarter 2019
About The Cover Constructed in 2014, 3891 South Traditions Drive consists of both sustainable office and fitness spaces, and benefits from modern architecture and landscaping. The dedicated office spaces contain a mixture of private offices, individual workspaces, and informal collaboration lounges. The 20,000 SF state of the art fitness facility includes a basketball court, a dedicated CrossFit area, weights, cardio equipment, and locker rooms equipped with a sauna, steam room, and jacuzzi. The facility is located within walking distance to the Stella Hotel, adjacent to the Traditions Club golf course, and less than 1.5 miles from Easterwood Airport. For leasing information, visit 3891Traditions.com
In This Issue Brokerage Services............................................. Investment Sales...........................................4 Land................................................................8 Retail.............................................................12 Office............................................................ 16 Industrial......................................................20 Multifamily Management................................ 24 Hospitality Management................................. 28 Commercial Management...............................32 Development.................................................... 36 Brokerage.......................................................... 40
2 | www.OldhamGoodwin.com
Editors-In-Chief Andrew Silanskas Karli Feldhake
Assistant Editors Shelby Krause Daniel Powell Mary Beadles Kerri Noskrent Katy Richards
Oldham Goodwin Marketing
Karli Feldhake, Vice President of Marketing Andrew Silanskas, Marketing Coordinator Jacob Ramirez, Hospitality Marketing Coord. Shelby Barker, Brokerage Marketing Coord.
Leadership
Casey M. Oldham, Chief Executive Officer & Chief Investment Officer R. Hunter Goodwin, President & COO Sean Griffin, Vice President | Multifamily Amy K. Jones, Director | Commercial Management Services Chris Rhodes, Vice President | Development Clinton D. Oldham, Executive Vice President | Brokerage Services Cole Baker, Vice President | Hospitality Todd Duncan, CPA, Chief Financial Officer & Vice President of Administration
Printing AlphaGraphics
3891 South Traditions Drive. For more information, see page 42.
The Commercial Quarterly is published four times per year by the Oldham Goodwin Group, LLC. Volume 11, Issue 2, of Commercial Quarterly was produced by the Oldham Goodwin Marketing Department. Please direct inquiries to the Marketing Department, Oldham Goodwin Group, LLC, 2800 South Texas Avenue, Suite 401, Bryan, Texas, 77802, call 979-268-2000 or email marketing@oldhamgoodwin.com. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any values, projections, assumptions, or estimates used are for example only, and do not represent the current or future performance of the property. The value of any transaction depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Copyright © 2019 Oldham Goodwin Group, LLC
Commercial Quarterly | 3
Investment Sales
PROPERTY SPOTLIGHT
Texas A&M Alkek Building 2121 West Holcombe Boulevard | Houston, Texas 77030
Clinton D. Oldham Executive Vice President | Brokerage Services Managing Director | Investment Sales O: 979.268.2000 | C: 409.781.7734 E: Clint.Oldham@OldhamGoodwin.com
Investment Highlights
Building Information
• Over 224,000 SF of laboratory, classroom, and medical office space
Building Area:
• Rare reposition opportunity in the Texas Medical Center with leaseback opportunity from Texas A&M University
Parking:
• Irreplaceable location in the Texas Medical Center • 100% occupied by Texas A&M Health Science Center and MD Anderson
~224,507 SF
33 surface parking spaces
Number of Stories: 11
Commercial Quarterly | 5
INVESTMENT SALES FEATURED PROPERTIES New Listing
New Listing
3891 South Traditions Drive
New Listing
768 North Earl Rudder Freeway
50,000 SF corporate campus for sale in Bryan, Texas For more information, contact Clinton D. Oldham
7,473 SF free standing restaurant for sale in Bryan, Texas For more information, contact Tyler R. Bradfield
6407 South County Road 1273
Absolute NNN leased industrial building for sale in Midland, Texas For more information, contact Aaron Morris, CCIM or Tyler Reiley
RECENT TRANSACTIONS
Tower Point Plaza
University Park Plaza
Represented Seller in Disposition of retail center in College Station, Texas
Represented Seller in Disposition of retail center in College Station, Texas
The Park in Cornerstone Village Represented Seller in Disposition of office plaza in Houston, Texas
RETAIL CENTER COMING SOON
895 William D. Fitch Parkway College Station, Texas 77845 IN-LINE SPACE | FOR LEASE
VALUATION ANALYSIS & DISPOSITION PROPOSAL 123 East William Joel Bryan | Bryan, Texas
700 Interstate 45 South
Represented Seller in Disposition of I-45 Self Storage® in Huntsville, Texas
895 William D. Fitch Parkway
Represented Seller in the Disposition of Property Highlights multi-tenant retail center at Tower Point • Estimated April 1st, 2018 delivery date • Excellent visibility & easy access to Hwy 40 in with College Station, Texas • ~6,320 SF retail building ~1,297 SF in-line • Situated in south College Station’s high growth space available
•
corridor & surrounded by high-income rooftops
Hard corner, signalized intersection of Arrington Road and Hwy 40 (William D. Fitch Parkway)
•
Located in a ~75 AC, H-E-B anchored, masterplanned mixed-use development
6 | www.OldhamGoodwin.com Bryan / College Station
2800 South Texas Avenue, Suite 401 Bryan, Texas 77802 O: 979.268.2000
Houston
5050 Westheimer Road, Suite 300 Houston, Texas 77056 O: 281.256.2300
San Antonio / South Texas
200 East Grayson Street, Suite 102 San Antonio, Texas 78215 O: 210.404.4600
1901 South Texas Avenue
Represented Seller in Disposition of University Shopping Center in College Station, Texas
INVESTMENT SALES ACCESSIBLE EXPERTISE
Clinton D. Oldham
Aaron Morris, CCIM
Steve Monroe, CCIM
Executive Vice President | Brokerage Services Managing Director | Investment Sales O: 979.268.2000 | C: 409.781.7734 E: Clint.Oldham@OldhamGoodwin.com
Market Manager | Houston Vice President | Investment Sales O: 281.256.2300 | C: 713.585.5715 E: Aaron.Morris@OldhamGoodwin.com
Market Manager | San Antonio O: 210.404.4600 | C: 210.426.1800 E: Steve.Monroe@OldhamGoodwin.com
Tyler R. Bradfield
Tyler Reiley
Daniel Powell
Senior Associate | Investment Sales O: 979.268.2000 | C: 210.508.0181 E: Tyler.Bradfield@OldhamGoodwin.com
Associate | Investment Sales O: 281.256.2300 | C: 713.598.6332 E: Tyler.Reiley@OldhamGoodwin.com
Transaction Coordinator | Investment Sales O: 979.268.2000 | C: 979.574.5089 E: Daniel.Powell@OldhamGoodwin.com
Katy Richards Brokerage Coordinator C: 830.481.1815 E: Katy.Richards@OldhamGoodwin.com
Commercial Quarterly | 7
Land
PROPERTY SPOTLIGHT MULTI-USE COMMERCIAL BUILDINGS ON 1.55 AC NEAR TEXAS A&M
405 University Drive East College Station, Texas 77840
OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER
405 University Drive East | College Station, Texas 77840
Jeremy Richmond, CCIM Managing Director | Land Services O: 979.268.2000 | C: 979.777.8176 E: Jeremy.Richmond@OldhamGoodwin.com
Land Information Size:
Property Overview
~1.55 AC
Extremely rare opportunity to acquire irreplaceable 1.55 AC infill site on University Drive just steps from the “front door” of Texas A&M University. Building Area: The property is located within a Qualified Opportunity Zone (“QOZ”), which provides multiple tax benefits for investment if all requirements are 6,734 SF heated/cooled space met. Total enrollment at Texas A&M for Fall 2018 was 69,367 students. University Drive has undergone dramatic transformation with recently developed upscale hotels, luxury apartments, national and boutique retail, restaurants, and office. The site is improved with multiple buildings Frontage: utilized for an art gallery, storefront, wine bar, and event center. These buildings can easily be repurposed for a variety of commercial uses, or the onand MacArthur St, 130’ on the University entire site could be redeveloped. The property has additional frontage and access from MacArthur 315’ Street Nimitz Street. Behind commerDr, and 225’income. on Nimitz cial buildings, the site includes three duplexes and two single family residences, providing consistent monthly TheSt owner will consider proposals for the commercial buildings, the entire site, or portions thereof.
Zoning:
P-MUD (Planned Mixed-Use Development), D (Duplex)
Utilities: All to site
Property Highlights •
Extremely rare opportunity to acquire irreplaceable 1.55 AC infill site on University Drive near Texas Avenue
•
Three blocks from Texas A&M University
•
Frontage along three streets: University Drive (130’), MacArthur Street (315’), and Nimitz Street (225’)
•
Train Depot is historically significant to the City of College Station and Texas A&M University
•
Multi-use buildings could be repurposed or entire 1.55 AC site re-developed
•
Income generated by three (3) duplexes and two (2) single family residences
•
Identified by City of College Station for future “urban” use in the comprehensive plan Commercial Quarterly | 9
LAND FEATURED PROPERTIES New Listing
New Listing
12431 IH-10 East
53.1 AC on South Side of CR 237
67.5 acres on IH-10 East for sale in Marion, Texas For more information, contact Brian Allison
OFFERING SUMMARY Sales Price
New Listing
6150 Morton Road
Rare mid-sized tract for sale 6 AC on Park Street in Cameron, Texas Nacogdoches, TX 75965 For more information, SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER contact Mason Schieffer
5 acres on Morton Road for sale in Katy, Texas For more information, contact Jay Tjoelker
6 AC on Park Street
2867 Lake Road
$425,000.00
Price/SF
$1.59
Property Highlights •
Southwest corner of Park Street & Martinsville Street
•
Less than half a mile to N University Drive
•
One block to Walmart Neighborhood Market
•
Surrounded by high density residential development
•
Within one mile to Stephen F. Austin State University (13,144 students enrolled Fall 2018)
•
R-4 zoning permits up to 29 multi-family units per acre
54 AC on NEC of Victoria & William D. Fitch ~54 acres for sale in Bryan, Texas For more information, contact Jeremy Richmond
6 acres of R-4 zoned multifamily land for sale in Nacogdoches, Texas For more information, contact Jeremy Richmond & Mason Schieffer
1.45 acres for sale in Huntsville, Texas For more information, contact Jeremy Richmond
RECENT TRANSACTIONS 976 NORTH VICTORY DRIVE
Houston, Texas 77088
COMMERCIAL PROPERTY | FOR SALE
Chappell Hill Ranch
Represented the Seller in the disposition of the Chappell Hill Ranch in Washington, Texas
10 | www.OldhamGoodwin.com
~40 AC on I-45
Represented the Seller in the Disposition of 40 acres on I-45 in Madisonville, Texas
976 North Victory Drive
Represented the Seller in the disposition of 976 North Victory Drive in Houston, Texas
LAND ACCESSIBLE EXPERTISE
Jeremy Richmond, CCIM
Cyndee Smith
Brian Allison
Managing Director | Land Services O: 979.268.2000 | C: 979.777.8176 E: Jeremy.Richmond@OldhamGoodwin.com
Senior Vice President | Retail & Land Services O: 281.256.2300 | C: 713.816.3407 E: Cyndee.Smith@OldhamGoodwin.com
Vice President | Industrial & Land Services O: 210.404.4600 | C: 210.383.3697 E: Brian.Allison@OldhamGoodwin.com
Steve Mattox
Mason Schieffer, ACP
Jay Tjoelker
Vice President | Land Services O: 281.256.2300 | C: 281.639.8316 E: Steve.Mattox@OldhamGoodwin.com
Associate | Land Services O: 979.268.2000 | C: 979.255.6205 E: Mason.Schieffer@OldhamGoodwin.com
Associate | Land Services O: 979.268.2000 | C: 281.750.5776 E: Jay.Tjoelker@OldhamGoodwin.com
Mary Beadles Coordinator | Land Services O: 979.268.2000 | C: 806.440.2326 E: Mary.Beadles@OldhamGoodwin.com
Commercial Quarterly | 11
Retail
PROPERTY SPOTLIGHT
Guadalupe Station
301 North Guadalupe Street | San Marcos, Texas 78666
Robert King Vice President | Retail Services O: 210.404.4600 | C: 210.827.8588 E: Robert.King@OldhamGoodwin.com
Property Highlights •
Within walking distance to Texas State University and the heart of Downtown San Marcos
•
Two 2nd generation restaurant spaces available
•
Vacancies can be combined up to 3,930 contiguous square feet
•
Existing tenants include: Torchy’s Tacos, Sport Clips, Smoothie King, and Ike’s Love & Sandwiches
•
Traffic counts: +25,000 VPD
Abigail Albritton Associate | Retail Services O: 210.404.4600 | C: 817.271.0543 E: Abigail.Albritton@OldhamGoodwin.com
Commercial Quarterly | 13
RETAIL WALMART SHADOW-ANCHORED RETAIL
8228 Bandera Road San Antonio, Texas 78250
FEATURED PROPERTIES
PROPERTY SUMMARY • DEMOGRAPHICS • IABS • CONTACT
New Listing
New Listing
New Listing
Subject
Guilbeau Rd
era
nd Ba Rd
8228 Bandera Road
3901 South Texas Avenue
Walmart shadow-anchored retail center in San Antonio, Texas For more information, contact Robert King or Abigail Albritton
2nd generation restaurant with dedicated drive-thru for lease in Bryan, Texas For more information, contact Brett Boatner
ASPIRE COLLEGE STATION Robert King Abigail Albritton 711 Associate University Drive | Retail Services CollegeO:Station, Texas 210.404.4600 | C:77840 817.271.0543
Vice President | Retail Services O: 210.404.4600 | C: 210.827.8588 Robert.King@OldhamGoodwin.com
Property Highlights
RECENT TRANSACTIONS
Fajita Pete’s
•
Available for immediate occupancy
•
Located on University Drive directly across from Texas A&M University
•
Abigail.Albritton@OldhamGoodwin.com www.OldhamGoodwin.com FIRST FLOOR RETAIL | FOR LEASE
•
MOD Pizza
First generation retail space
and Texas A&M University Represented theDistrict Landlord Ground-floor retail with excellent visibility and high • Located in an 816-bed luxury student high rise in the lease of 2,100 SF traffic counts development in College Station, Texas
Bryan / College Station
2800 South Texas Avenue, Suite 401 Bryan, Texas 77802 O: 979.268.2000
•
Represented the Landlord in the lease of 2,954 SF ASPIRE COLLEGE STATION in College Station, Texas 711 University Drive
Excellent foot traffic from densley-populated Northgate
Houston
5050 Westheimer Road, Suite 300 Houston, Texas 77056 O: 281.256.2300
West Villa Maria & FM 2818
Highly visible retail center with end-cap and in-line space available in Bryan, Texas For more information, contact Brett Boatner
College Station, Texas 77840
Pie In The Sky
Represented the Landlord in the lease of 2,979 SF in College Station, Texas
FIRST FLOOR RETAIL | FOR LEASE
San Antonio / South Texas
200 East Grayson Street, Suite 102 San Antonio, Texas 78215 O: 210.404.4600
www.OldhamGoodwin.com
Sleep Station
Represented the Landlord in the lease of 4,500 SF in College Station, Texas
Property Highlights Available for immediate occupancy
•
Located on University Drive directly across from Texas A&M University
•
•
First generation retail space
• Excellent foot traffic from densley-populated Northgate Represented the Landlord District and Texas A&M University Ground-floor retail with excellent visibility and high • Located in an 816-bed in the lease of 1,500 SF luxury student high rise traffic counts development in College Station, Texas
Bryan / College Station
2800 South Texas Avenue, Suite 401 Bryan, Texas 77802 O: 979.268.2000
14 | www.OldhamGoodwin.com
Which Wich
•
Houston
5050 Westheimer Road, Suite 300 Houston, Texas 77056 O: 281.256.2300 www.OldhamGoodwin.com
San Antonio / South Texas
200 East Grayson Street, Suite 102 San Antonio, Texas 78215 O: 210.404.4600
Chicken Salad Chick Represented the Landlord in the lease of 3,250 SF in College Station, Texas
RETAIL ACCESSIBLE EXPERTISE
Cyndee Smith
Robert King
Senior Vice President | Retail & Land Services O: 281.256.2300 | C: 713.816.3407 E: Cyndee.Smith@OldhamGoodwin.com
Vice President | Retail Services O: 210.404.4600 | C: 210.827.8588 E: Robert.King@OldhamGoodwin.com
Brett Boatner
Abigail Albritton
Associate | Retail Services O: 979.268.2000 | C: 903.573.4165 E: Brett.Boatner@OldhamGoodwin.com
Associate | Retail Services O: 210.404.4600 | C: 817.271.0543 E: Abigail.Albritton@OldhamGoodwin.com
Kerri Noskrent Coordinator | Retail Services O: 281.256.2300 | C: 713.213.7218 E: Kerri.Noskrent@OldhamGoodwin.com
Commercial Quarterly | 15
Office
PROPERTY SPOTLIGHT
Prosperity Bank
2807 South Texas Avenue | Bryan, Texas 77802
Jody Slaughter Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com
Property Highlights •
Class A amenities
•
Full service bank with six lane drive thru
•
Building fascia signage available
•
On-site surveillance
•
Abundant parking available
•
High-end finishes
Property Information Transaction: For lease
Type: Class A office
Gross Leasable Area: ~7,535 SF
Commercial Quarterly | 17
OFFICE FEATURED PROPERTIES New Listing
4077 Cross Park Drive
2,891 SF of office space for lease off of Cross Park Drive in Bryan, Texas For more information, contact Jody Slaughter
New Listing
1470 Copperfield Parkway
Executive Suites for lease off of Copperfield Parkway in Bryan, Texas For more information, contact Jody Slaughter
New Listing
2100 East Villa Maria
4,500 SF of office space for lease off of East Villa Maria in Bryan, Texas For more information, contact Jody Slaughter
RECENT TRANSACTIONS
1251 Barron Road
Represented the Tenant in the sublease of 4,338 SF office building in College Station, Texas
Crystal Park Plaza
Represented the Tenant in the lease of 10,235 SF in College Station, Texas
18 | www.OldhamGoodwin.com
111 University Drive
Represented the Landlord in the lease of 3,644 SF space at corner or Texas Avenue and University Drive in College Station, Texas
Energy Plaza
Represented the Landlord in the lease of multiple office leases at 1701 Southwest Parkway in College Station, Texas
3841 Sagebriar Drive
Represented the Seller in the disposition of 5,612 SF office building in Bryan, Texas
Executive Office Plaza
Represented the Landlord in leasing executive suite space at 3608 East 29th Street in Bryan, Texas
OFFICE ACCESSIBLE EXPERTISE
Jody Slaughter
Andrew Baker
Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com
Senior Associate | Corporate Services O: 281.256.2300 | C: 713.208.0766 E: Andrew.Baker@OldhamGoodwin.com
Austin Ochoa
Ben T. Berry Associate | Corporate Services O: 210.404.4600 | C: 210.414.4929 E: Ben.Berry@OldhamGoodwin.com
Associate | Corporate Services O: 210.404.4600 | C: 512.560.4758 E: Austin.Ochoa@OldhamGoodwin.com
Daniel Powell Coordinator | Corporate Services O: 979.268.2000 | C: 979.574.5089 E: Daniel.Powell@OldhamGoodwin.com Commercial Quarterly | 19
Industrial
PROPERTY SPOTLIGHT
12200 East Hickory Street Pr
ic e
Re
du ce d
Burton, Texas 77835
Jody Slaughter Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com
Premises Building 1: 11,404 SF (warehouse)
Building 2: 6,938 SF (office)
Building 3: 4,800 SF (warehouse)
Total: 23,142 SF
Sale Price: $718,000 SF
Property Highlights •
18’ eave heights
•
480 volt, 3 phase power, 1000 amps
•
Two overhead doors - 14’ X 16’ - 10’ X 12’
•
6.69 AC of land
•
Excellent visibility from Highway 290 Commercial Quarterly | 21
INDUSTRIAL
FEATURED PROPERTIES New Listing
7125 Coyote Run
2,000 SF of warehouse space for lease in Bryan, Texas For more information, contact Jody Slaughter
New Listing
Highway 30 Business Park
Beginning Phase 3 - 2,000 to 10,000 SF of warehouse/office in College Station, Texas For more information, contact Jody Slaughter
New Listing
InnoQuest Industrial Park
5,000 - 11,440 SF of Industrial space in Bryan, Texas For more information, contact Jody Slaughter
RECENT TRANSACTIONS
4001 Charles Avenue
Represented the Landlord in the lease of 10,650 SF of office/warehouse space in Bryan, Texas
11400 Highway 30
Represented the Landlord in the lease of 3,750 SF of office/warehouse space in College Station, Texas
22 | www.OldhamGoodwin.com
1609 Blue Bell Road
8301 North Highway 6
Represented Seller in the disposition of 58,000 SF office/warehouse building in Brenham, Texas
Represented the Landlord in the lease of 51,736 SF industrial building space in Bryan, Texas
11915 Highway 30
2870 North Harvey Mitchell Pkwy
Represented the Landlord in the lease of 10,000 SF of office/warehouse space in College Station, Texas
Represented the Landlord in the lease of 74,870 SF industrial building at InnoQuest Industrial Park in Bryan, Texas
INDUSTRIAL
ACCESSIBLE EXPERTISE
Jody Slaughter Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com
Austin Ochoa Associate | Corporate Services O: 210.404.4600 | C: 512.560.4758 E: Austin.Ochoa@OldhamGoodwin.com
Ben T. Berry Associate | Corporate Services O: 210.404.4600 | C: 210.414.4929 E: Ben.Berry@OldhamGoodwin.com
Daniel Powell Coordinator | Corporate Services O: 979.268.2000 | C: 979.574.5089 E: Daniel.Powell@OldhamGoodwin.com
Commercial Quarterly | 23
Multifamily Management
At Oldham Goodwin, we care about our clients and our residents. Our multifamily management team provides our clients top-tier property management services ranging from leasing and marketing, property and asset management to accounting and finances. These services promote customer service, gain resident retention and reduce property expenses while making your property an asset to the community. Browse through our portfolio and read more about our services at OldhamGoodwin.com.
MULTIFAMILY MANAGEMENT
A&M COURTYARD
Apartments
26 | www.OldhamGoodwin.com
MULTIFAMILY MANAGEMENT
A&M Courtyard Apartments combines a quiet, relaxing atmosphere with a walk-to-class convenience. Perfect for students and residents working on campus or nearby, our one and two bedroom apartments offer a peaceful retreat within a friendly community. At A&M Courtyard, residents will find everything they need to live comfortably and independently, including spacious floor plans with fully outfitted kitchens, and easy access to the TAMU Bus Route, as well as many shopping, dining and entertainment options. By September 2019, A&M Courtyard will feature several renovated units. Brand new plush carpert & wood-style flooring, window treatments and ceiling fans will be included throughout the living area. The kitchens will feature gas ranges, updated black appliances, built-in microwaves and new countertops. To schedule a tour, visit AMCourtyard.com or call (979) 485-2714.
Commercial Quarterly | 27
Hospitality Management
At Oldham Goodwin Group, we specialize in the management and development of premium-branded hotels in destination locations. Through product development and superior asset management, we work to mitigate risk and exposure, and maximize cash flow, resulting in an increased return on investment for our stakeholders. Oldham Goodwin is currently an approved management company for the following hotel companies: Marriott International, Hilton Hotels and Resorts, Best Western International, Hyatt Hotels Corporation, and Wyndham Hotels and Resorts.
HOSPITALITY MANAGEMENT
w � Gr S U H WIT
The strength of our company is always going to be our people. At Oldham Goodwin Group (OGG), we believe in empowering our employees and promoting from within. Our Hospitality Division has numerous employees that exemplify our core values and in 2018 we had over 25 internal promotions. Here are a few of their stories. Latoya Daniel has been with SpringHill Suites Dallas Rockwall since its opening in July 2017. Latoya began her career with SpringHill Suites as a Housekeeper and quickly showed a determination and work ethic that was hard to ignore. Throughout 2018, Latoya was initially promoted to Breakfast Host and then later promoted to Banquet Captain where she oversees the hotel’s banquet events in their almost 5,000 square feet of meeting space. “Latoya has a consistent desire to learn and always makes herself available for any new opportunities. Latoya stays very focused when given an assignment and wants to complete it to the highest level possible. Her greatest strength is an open mind to learn.” - Karen Coughlin, General Manager | SpringHill Suites Dallas Rockwall From room set-up to making sure that banquet event orders are successfully executed for client and guest satisfaction, Latoya involves herself in all details of the department. “I never thought I would be in the position I am in now, but I am blessed to be where I am. I love being able to interact with guests and be the person they see throughout the day. Building those relationships makes this job great. I work with a great team and with them, anything is possible,” says Latoya. Not one to rest on her laurels, Latoya has shown a willingness to assist anywhere she is needed in the hotel. Whether that means helping with housekeeping or assisting with busy bar business, Latoya is a prime example of hard work and determination. “When I was struggling at the beginning, [Oldham Goodwin Leadership] told me to keep my head up and keep working hard. I did that and it has definitely paid off. For me, the hard work and promotions mean I have succeeded,” says Latoya.
Latoya Daniel
30 | www.OldhamGoodwin.com
HOSPITALITY MANAGEMENT
Caitlin Helm has been with Oldham Goodwin for just less than a year. While working to finish her Business Management degree from Texas A&M University, Caitlin was hired as an intern at Best Western Premier Bryan College Station. Despite her relative newness to the industry, she proved herself to be ready for the challenges of the hotel business. Throughout 2018, Caitlin was promoted from her intern position to a Front Desk Agent and eventually to her current role of Operations Manager. “Caitlin has an impressive understanding of how hotel business should operate which has allowed her ample success. Whether it is in laundry, behind the bar, answering sales calls, making up a room, or checking a guest in, her aptitude to learn, adapt, and grow has not been stifled and she continues to impress those around her,” says Brandon Kazmierski, General Manager of the Best Western Premier Bryan/College Station.
Caitlin Helm
As a recent college graduate, Caitlin has her eyes set on being an Assistant General Manager within the next year and eventually making her way up to working in a corporate level of hotel management. She knows the long days and the “off hours” will get her to where she wants to be. She credits having a strong team and a supportive company as reasons for her happiness and success. “The hours aren’t always fun, but we have a great team. I really enjoy everyone I work with. Things are better because of everyone around here. One of the reasons I stayed after graduation is because I know OGG and BWP valued growing their employees and growing from within. Being in an environment like that is important to me especially coming straight out of college,” said Caitlin.
Wendy Ibarra has been with Oldham Goodwin for almost five years and began her career in the Housekeeping Department. From Housekeeping, Wendy was quickly promoted to an Ops Manager and then to an Assistant General Manager role in Fort Worth. In 2018, Wendy was promoted from her Assistant General Manager role to a Property Support Manager (PSM) position with the corporate team. As PSM, Wendy serves as the support system to each hotel in roles that can range from helping a General Manager bridge management and sales turnover to serving as an Interim General Manager. It is a responsibility that she does not take lightly. “Wendy is confident, but humble and a fast learner. She is one of those people that you can give a task and expect excellence, even if she is untrained on the item. Her passion for success and excellence is balanced by a genuine care for those around her”, said Noel Mayes, Director of Operations. “My ultimate goal is to be a Regional Manager. Although being a GM has been short term, it has taught me of what I am capable of and left me hungry for more. Being promoted in different capacities over the years with OGG has been extremely flattering. It’s also a great experience to share with employees in hotel level wanting to move up and realizing it is possible, letting them know hard work truly pays off”, said Wendy.
Pictured left: Wendy Ibarra
OLDHAMGOODWIN.COM
/CAREERS Commercial Quarterly | 31
Commercial Management
Oldham Goodwin’s commercial management team includes experienced property managers, facilities personnel and knowledgeable accountants to service retail, office, and industrial properties. Our goal is to protect and increase the value of your asset through strong tenant relations, stringent expense control with solid vendor relationships, integrated property management and facility maintenance software programs and deliver accurate and transparent budgeting and financial reporting. We provide monthly detailed management and financial reports to provide owners with the knowledge to make informed decisions.
COMMERCIAL MANAGEMENT
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COMMERCIAL MANAGEMENT
From 1882 to 1934, John Jolly Jones operated a farm and dairy on a 195-acre tract of land, which includes the site of the new Jones Crossing retail center. The Jones family also ran a small grocery store on the property which became known as “Jones Crossing” because it was located where the original State Highway 6 crossed the Southern Pacific railroad tracks to connect to what is now known as Wellborn Road. In 1961, the land was purchased from family heirs by Mr. Jones’ grandson, Edsel Jones and Dr. O.D. Butler, Jr., his business partner and brother-in-law. Edsel earned his Bachelor’s and Master’s degrees from Texas A&M University and achieved success as a teacher and head football coach at A&M Consolidated High School. He went on to become a real estate developer with Jones Crossing being his first real estate investment purchase. Dr. Butler, a nationally recognized beef cattle expert and head of the Animal Science Department at Texas A&M University, established agricultural operations at the Jones Crossing site. Along with his wife, Jane Gray, and their son, they ranched as Butler & Son, affectionally called “The largest ranch in the city limits of College Station”. Heirs of John Jones, Edsel Jones, and O.D. Butler, Jr. continue to serve communities in the Brazos Valley region to this day, carrying on the Jones-Butler legacy of resourcefulness and innovation. Most recently, Stratus Properties developed the site into an H-E-B anchored retail center with Twin Liquors, Angel Nails, Super Cuts, Oishi Sushi, College Station Dental and Sports Clips already open. MOD Pizza, Orange Theory, Chicken Salad Chick, Threads Boutique, CapRock ER, The Joint Chiropractic and Zero Degrees are coming soon. Chick-fil-A will also be joining the growing list of businesses at Jones Crossing. Oldham Goodwin Group can be reached at 979-268-2000 for leasing inquiries.
Today
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Development
Successful real estate developers know their market intimately and have the ability to efficiently execute well-designed development plans. At Oldham Goodwin, we strive to deliver the most professional and organized development services available in the market today. As a fully integrated real estate firm, we are able to utilize our brokerage and management knowledge to accurately gauge market demand, and then respond to that demand quickly with the appropriate product. Our development team leverages its experience in engineering, construction and finance to ensure investors and end users receive the maximum benefit from the project.
WELCOME TO THE LAND OF HOME There’s a certain harmony to be had when community and nature come into balance. It requires vision, planning and great care for the land at hand. Rooted in 370 acres of Texas ranch land in College Station, TX, Greens Prairie Reserve offers a high-end destination for good living. _
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We believe that the land you live on is just as important as the house you build on it. There is a certain harmony to be had when community and nature come into balance. This vision, a respect for the land, along with countless hours of planning have culminated into the development of Greens Prairie Reserve. Located in thriving south College Station, Texas, Greens Prairie Reserve is beginning a unique journey as one of the finest communities in the Brazos Valley. Offering quality outdoor amenities on 370 acres of natural Texas ranch land will make anyone feel at home. Residents will find privacy in the 20 to 30 feet of natural green space between the backs of homesites while also providing access to the 12-mile community trail network and pocket parks. Share a picnic with friends on the lawn near the amenities center or enjoy an afternoon fishing at the pond, all just steps away from your front door. Greens Prairie Reserve masterfully balances thoughtful, natural land planning with convenient access to shopping, medical care, dining, and more. Sitting right in the heart of the highly rated College Station Independent School District, the location is ideal for growing families.
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reens Prairie Reserve will bring thriving community and nature into balance with privacy and quality homes. When you move in, you’re not just moving into a new house, you’re moving into a new way of living. Homesites will be available June 2019.
Residents will be able to truly build the home of their dreams at Greens Prairie Reserve. The broad architectural guidelines allow for true custom homes without sacrificing neighborhood quality. Choose to work with our preferred builders to find a movein ready home or start a custom build to embark on this journey with us. Welcome to the land of home - a whole new way of living with emphasis on nature, the outdoors, and a strong sense of community. Commercial Quarterly | 39
Brokerage
Today’s real estate climate is complex and fast paced. Therefore, hiring the right representation to suit your specific needs is paramount. Oldham Goodwin’s leaders and professionals recognize this challenge and have responded by developing a line of commercial brokerage services that emphasize industry and property specialization throughout the state of Texas. This specialization coupled with the integration and information sharing with all of our service lines creates tremendous value for our clients. Oldham Goodwin professionals are experts in their field, supported by a wealth of resources.
BROKERAGE
3891 South Traditions Drive Bryan, Texas 77807
For Sale
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For more information: www.3891Traditions.com
Oldham Goodwin is pleased to present 3891 Traditions Drive, a Class “A� LEED Certified corporate campus in Bryan, TX for your consideration. Currently the corporate headquarters for Nutrabolt, one of the top independent sports nutrition companies in the world, the property consists of over 50,000 SF of improvements situated on 4 acres in the heart of the Bio Corridor district, near the Texas A&M Health Science Center. Constructed in 2014, the facility consists of both sustainable office and fitness spaces, and benefits from modern architecture and landscaping. The dedicated office spaces contain a mixture of private offices, individual workspaces, and informal collaboration lounges. The 20,000 SF state of the art fitness facility includes a basketball court, a dedicated CrossFit area, weights, cardio equipment, and locker rooms equipped with a sauna, steam room, and jacuzzi. The facility is located within walking distance to the Stella Hotel, adjacent to the Traditions Club golf course, and less than 1.5 miles from Easterwood Airport.
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BRYAN-COLLEGE STATION
HOUSTON
SAN ANTONIO/SOUTH TEXAS
2800 South Texas Avenue, Suite 401
5050 Westheimer Road, Suite 300
200 East Grayson Street, Suite 102
Bryan, Texas 77802
Houston, Texas 77056
San Antonio, Texas 78215
O: 979.268.2000
O: 281.256.2300
O: 210.404.4600
