Groen Realty Partners Announces New Tenant at RF Austin Professional Plaza in Houston, Texas.
View More Details
8545 Hits
info@groenrealtypartners.com | 713-426-6655
News
Groen Realty Partners Announces Retail Lease at Louetta Professional Plaza.
View More Details
8286 Hits
2601 Hits
Groen Realty Partners Announces Retail Lease at Woodforest Plaza, in The Woodlands, Texas.
View More Details
2709 Hits
Groen Realty Partners Announces Northpark Retail Under its Management Umbrella.
View More Details
2631 Hits
Groen Realty Partners Announces Eldridge Plaza Under its Management Umbrella.
View More Details
2549 Hits
Groen Realty Partners Announces Retail Lease at Conroe Shopping Center in Conroe, Texas.
View More Details
2655 Hits
Groen Realty Partners Announces The Dental Studio at Spring Oaks Plaza in Spring, Texas.
View More Details
2930 Hits
Groen Realty Partners Announces State Farm Michael Liberto at Spring Oaks Plaza in Spring, Texas.
View More Details
2920 Hits
Groen Realty Partners Secures Lease For One Of Spring’s Leading Pediatric Dental & Orthodontics Practices
Spring, TX. January 15, 2017 – Groen Realty Partners worked with Dr. Carl Pittman of Pediatric Dental Specialists & Northwest Orthodontics to obtain a 7,760-square foot lease within the newly completed Spring
Oaks Plaza. The lease was secured by Todd Groen with Groen Realty Partners.
...
3572 Hits
Texas Children’s Pediatric Associates approached Groen Realty Partners looking for a new location for its Northeast pediatric group. Initially they were located in a hospital in the Northeast section of Houston but were forced a move due to size constraints. A number of developers were contacted for proposals for moving what was to be a 7000 ft.² pediatric practice. Most of the development ideas were centered around locating the practice within a few hundred yards of its current location. Groen Realty Partners took the step to examine Texas Children’s practice doing a ZIP Code analysis of its current patient base. By performing this analysis, we discovered that Texas Children’s needed to be located further to the east.
GRP put a proposal in front Texas Children’s that would take the practice to the master-planned community of Eagle Springs. This was unusual in that Texas Children’s had only given consideration to relocating in its current general area. During our analysis of the market we discovered that excess space was needed in that area so GRP put together proposal that gave Texas Children’s 7,000 ft.² and we created a property that was essentially twice the size so we could lease up the balance to other complementary users.
...
3700 Hits
In 2005 Groen Realty Partners were approached by an outside broker to consult with an investor related to potentially managing his medical office building. Over a span of almost 2 years of discussions of the market, current value of his property, state of his tenant’s lease expirations, and other influences of his building we were able to secure the property management agreement with RG. The property was acquired into our private client management group at 52% occupancy.
Over the next nine months we were able to take the property to a 92% occupancy level by creative marketing, cold calling, and networking. In addition to increasing the occupancy of his building we were also able to reduce operating costs by 20%. This project was a triple net building in that the tenants pay their proportionate share of taxes, insurance and common area maintenance. The reduction in operating expenses did not create additional cash flow for the owner but what it did do was give the current tenants a financial break in their overhead and created further goodwill between the tenants and the owner. A lot of the cost reduction was in reducing unnecessary overhead, renegotiating contracts that had been allowed to escalate over time and other cost savings measures.
...
3407 Hits