Breakfast Forum: The Houston Commercial Real Estate Markets – What’s Ahead for 2010
Four industry experts predict “Houston’s real estate markets may not get much better in2010, but it’s not expected to get much worse” at the December 2009 BoyarMiller Commercial Real Estate Markets Breakfast Forum.
Panelists included Joel Marshall, Trendmaker Homes; Welcome Wilson, Jr., GSL Welcome Group; Rudy Hubbard, Transwestern; and Lance Gilliam, Moody Rambin Interests.
For a detailed account, download the presentation below.
Joel Marshall, Senior Vice President
Trendmaker Development Company
Joel has been with Trendmaker since 1986, holding various positions from Assistant Controller to his current position of Senior Vice President. Joel is responsible for the development of several Houston area communities including Green Trails and Grand Lakes (winner of the NAHB's Best in American Living Award for best master planned community in the US) in west Houston, Crossroads in northwest Houston, Silvercreek in Pearland, Crighton Ridge and Crighton Woods in Conroe, and the new 3,200 acre master planned community, Cross Creek Ranch, in Fulshear. Joel holds a MBA from the University of Texas at Austin and a BS from Kansas State University. Prior to joining Trendmaker he was with Barnes-Connally Partnership in Austin.
Welcome W. Wilson, Jr., President & CEO
As President & CEO of Welcome Group, Welcome oversees the development, leasing, construction and purchase of single tenant office, lab, manufacturing and industrial facilities in Texas. Welcome Group has built over 150 such facilities since 1998 and still owns over 75 containing in excess of 3 ½ million square feet. Welcome has been a real estate developer for more than 35 years with extensive experience in industrial development, residential subdividing, retail centers and office buildings. He was President of Belmont Corporation, owner of a 25,000 acre project near Phoenix, Director of Dover Homes of Houston, builder of more than 3,000 homes in Texas and as an officer of TCP Realty Services, responsible for the redevelopment of a downtown Houston office building as well as other Houston office buildings totaling more than two-million square feet. He also serves as a principal of Kingham ∙ Dalton ∙ Wilson Ltd., a Design/Build affiliate of GSL Welcome and is a Director of River Oaks Financial Group, Inc.,
In 2011, Governor Rick Perry appointed Welcome to the Board of Regents of the University of Houston. He also serves on the Board of the Houston Realty Business Coalition, the Texas Business Hall of Fame, the Houston Food Bank, and the American Lung Association Advisory Board. Welcome serves as Chairman of the Board for the Southwest Houston Redevelopment Authority and Southwest Tax Increment Reinvestment Zone Twenty as well as the Energy Collaborative Cluster Council and the Common Grounds Initiative Committee of the Greater Houston Partnership, and is a member of the “C” Club. Welcome is a former Chairman of the End Hunger Network, as a Board Member of the Texas Guaranteed Student Loan Corporation, as a Board Member of the Greater Sharpstown Management District, on the Houstonian Club Advisory Board, and as President of the Kinkaid School Alumni Association. Welcome attended The University of Denver and is a member of Sigma Alpha Epsilon Fraternity.
Lance Gillilam, SCSM, SCLS, Managing Director
Moody Rambin Interests
Lance is a managing director of and shareholder in Moody Rambin Interests. With a primary focus on retail user transactions, including tenant representation and project development, Lance has represented both national and local retailers throughout a broad market area, including Texas, Louisiana, Arkansas, Oklahoma, New Mexico and Colorado. Lance's clients have included Office Depot, Bally Total Fitness, Circuit City, Frost Bank, the J.C. Penney Co., PetSmart, Regal Entertainment, Sun & Ski Sports, The Sports Authority and Washington Mutual. Lance has served both as a faculty member and as the Dean of the International Council of Shopping Centers (ICSC) University's School of Open-Air Center Development as well as the Urban Land Institute (ULI) and its Houston Advisory Services Committee. He is a board and executive committee member of The Children's Museum of Houston and formerly served on the board of the Houston Area Urban League and vestry of St. Martin's Episcopal Church. Lance holds a BBA in Real Estate with Honors from Southern Methodist University and SMU's graduate program in Real Estate and Regional Science.
Rudy Hubbard, Managing Director
As Managing Director of Transwestern's Investment Services Group in Houston, Rudy oversees the firm's investment sales, finance and real estate investment banking services in Houston and throughout the Gulf Coast region, specializing in brokerage, dispositions, lending and portfolio management for office, industrial, retail, multi-family, hospitality and leisure properties. Rudy has more than 24 years of experience in commercial real estate and has represented both private and institutional clients in the sale of investment properties valued in excess of $1.7 billion during his tenure with Transwestern. Rudy has been selected by Commercial Property News as one of the nation's Top 24 commercial real estate brokers. He holds a BS from Florida State University and is a licensed broker in the State of Texas.