Sycamore recently was selected to help a pair of entrepreneurs start their franchise empire. The purchasers of the development rights for Canadian franchise “Smokehouse Sandwiches” recently chose a site in the Humble area to launch their Texas presence. With plans to develop 2-3 more company owned stores initially, longer term plans call for 20+ locations across Texas and we are pleased to be on the team. Check them out at SmokehouseSandwich.ca
Sycamore Commercial is pleased to announce the recent sale of a multi-tenant investment property in northwest Houston. The warehouse property has historically had full occupancy and is just the type of property an individual investor likes to find. Multiple tenants provide occupancy stability, reasonable cap rate pricing assures a good cash-on-cash return, solid deb service coverage and a location near the 610 Loop and 290 is convenient for both tenants and owner alike. With all of these attributes, bank financing was not a difficulty.
Interested in starting your commercial real estate portfolio? Give us a call, we’ll help you find what suits you with sniper like precision.
We love getting to know the businesses of our clients. It’s always interesting how many different ways there are to make a living.
When tasked with helping and environmental services company monetize a property so they could relocate, the eventual buyer turned out to be the dominant player in a niche industry. Parades ETC Of Texas designs, fabricates, refurbishes, stores and transports all variety of floats for parades, pageants and celebrations.
They can be contacted at 713-228-4500.
The Houston metro added more people to its overall population last year than any other metropolitan area in the US, according to Census figures released yesterday. Greater Houston added 159,000 people, bringing its total to more than 6.6 million. While Houston is home to 2% of the nation’s population, the region accounted for 6% of the nation’s population growth, reports Rice’s Kinder Institute. Dallas is a close second. Together, the four major Texas metros added almost 400,000 people, accounting for 16.4% of the country’s population growth. Take that, oil prices. [Kinder]Read more at: https://www.bisnow.com/houston/news/economy/despite-oil-prices-houston-continues-to-grow-57860