Recent Deals

ICS Holdings, LLC (ICS) has leased 64,846 SF at 1314 W. Sam Houston Parkway N. to Houston based Relevant Solutions, LLC for their Rotating Equipment rental and service facility. This location’s focus is to provide compressors, dryers, vacuums, blowers and the associated accessories to the industrial marketplace based on long-term, planned or emergency outages. ICS plans to […]

16550 Six Pines

New Woodlands Office Listing

Foldetta Commercial has a new Woodlands Office listing at 10655 Six Pines Drive in The Woodlands, TX. The space is 1,861 SF (Gross) space available in this location. The building it is in is a two-story building that is 22,461 total square feet. The space has a reception area, open cube area, 4 offices, conference […]

New Lease at Wildwood Corporate Center

Sean Smith with Foldetta Commercial represented Kimberlite International in a lease at Wildwood Corporate Center, a LEED Silver certified Class A building located in Spring, Texas. Kimberlite is an international oil & gas market research and analytics company that uses data and interviews to assess the current market trends and establish performance benchmarks for oilfield […]

600 South Conroe Medical Dr

New Lease Announcement

Dan Vertrees with Foldetta Commercial announces a new lease with Dr. Tapan Patel of Smile Revolution, PLLC in Phase I of the Spectrum Medical Professional Building  located off S. Loop 336 W. at 600 Medical Dr. in Conroe, Texas 77304. The 13,000 SF building is currently under construction with completion scheduled for early 2018. The building is 75% leased […]

29900 Aldine Westfield Road, Spring Texas 77386.

New Lease Announcement

Dan Vertrees with Foldetta Commercial announces a new lease with Dr. Scott Andersen of Woodlands Pediatric Dentistry, PC at the Legends Professional Plaza located off Rayford Road at 29900 Aldine Westfield Road, Spring Texas 77386. The 7,864 SF Building is currently under construction with completion scheduled for early 2018.  The balance of the Medical Professional […]

409 Rayford Road, Spring, TX 77386

New Listing – Building for Sale

Terrie Smith has a new listing. Building for sale, approximately 5,000 SF of office/retail with Rayford Road frontage and an additional 2,610 SF building in the rear of the property.

FASB

New FASB Lease Accounting for Commercial Real Estate Leases

Are you aware that the Financial Accounting Standards Board (FASB) has issued a new accounting standard for operating leases?  Under the new lease accounting standard (ASC 842), companies will need to include the majority of their operating leases (i.e. office & IT leases) on their balance sheets from January 1, 2019 onward.  For privately held […]