SUCCESS STORIES
At Boyd Commercial we have built our reputation for excellence by providing the highest level of service to our clients, always focused on their best interests. Our goal is to assist them in achieving their real maintaining the highest level of integrity.We measure our success by the number of relationships which we have developed over the years and the resulting repeat and referral business. We are proud of the success of our clients and the role which we played in helping them achieve it. A few of these success stories include:
Puffer Sweiven Earle M. Jorgensen Herzstein Foundation Baker Hughes
Boise Cascade
Menlo Worldwide Logistics
Smith Associates
Atlantic Pearl
WW Rowland Trucking
Sherwin Williams
In 1986 Conrad Bernard began his relationship with Puffer Sweiven, a leading supplier of products and services for process control and flow control, in helping them locate a site for one of their division headquarters. Since then Conrad has had the privilege and pleasure of working with Puffer Sweiven on a wide variety of transactions and consultations. Although Conrad’s primary contact is still with Puffer Sweiven, he has interfaced with numerous other Puffer Sweiven Vice Presidents and Division Heads in assisting them with their various requirements. Expertise and knowledge of the critical components of a real estate transaction are extremely important to our clients. However, thoroughly understanding our client’s business from a strategic planning standpoint is paramount. Continuing to build and maintain a personal and business relationship with our clients is extremely satisfying.
Steel distributor Earle M. Jorgensen was referred to Boyd Commercial by a fellow SIOR broker in Los Angeles. Jorgensen was considering relocating from its 275,000 sf facility located on Clinton Drive in Houston to a smaller facility located in the north or northwest part of the City. Clay Peeples and Mike Boyd met, on a confidential basis, with Jorgensen’s regional and local management team to determine the market value of their property and if any facility currently on the market would work for their proposed relocation. Part of the consideration as to whether they should relocate or not was how much money they could anticipate getting from the sale of their current facility.
Clay and Mike came up with a suggested asking price for the Clinton building as well as a marketing plan to expose the property to the marketplace. However, before “officially” listing the property for sale, Clay, in his efforts to sell another similar property, came up with a perfect prospect, Metals Supply Company, a local metals distributor. Their rapid growth had led Metals to operating out of three facilities which they wanted to consolidate into one. The Clinton Drive property offered them that opportunity. In the meantime, a 100,000 square foot crane served building came available in northwest Houston, the size and location of which worked well for Jorgensen.
After several months of negotiations and due diligence, the deals were finalized through which Jorgensen sold its 275,000 sf facility to Metals Supply Company and acquired the 100,000 sf northwest property for their relocation. Both companies have since refurbished and occupied their new facilities.
Since the original deals, Mike and Clay have represented Jorgensen in the purchase of a 5 acre site adjacent to their 100,000 sf facility and the leasing of a 16,500 sf shop facility for a related operation.
Quality referrals are an important part of our business at Boyd Commercial. Repeat business is the best sign of a satisfied client.
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Al Herzstein built quite a reputation in the real estate investment business by developing and acquiring an industrial and office portfolio totaling in excess of one million square feet after he retired at age 65 from Big Three Industries. Always known as a man of his word, Al was honest, forthright and a keen negotiator. He was somewhat unique as a real estate investor in that he didn’t believe in borrowing money. He developed and acquired property using his own equity. Today, the portfolio he assembled serves as a source of income to help fund the many philanthropic projects of The Albert and Ethel Herzstein Charitable Foundation.Boyd Commercial brokers worked with Mr. Herzstein and Herzstein Investments for almost thirty years. We like to think that we were selected to represent the Foundation in their real estate dealings because we reflect the same values of honesty and integrity which Mr. Herzstein respected. In the past 36 months, Boyd Commercial brokers Mike Boyd and Conrad Bernard have represented Herzstein Investments in the sale and leasing of properties totaling in excess of 300,000 square feet.
"A commission paid to a good Real Estate broker is not an expense but an investment that increases the value of the deal. Mike Boyd and Conrad Bernard are examples of such brokers who have added value to Herzstein Investments and our tenants."
L. Michael Hajtman President
The Albert and Ethel Herzstein Charitable Foundation
Conrad Bernard began working with Hughes Tool Company in 1985, assisting them with the disposition of surplus real estate. In 1986, after Conrad had successfully completed several assignments, Hughes Tool was purchased by Baker Oil Tools, which eventually became Baker Hughes Incorporated.
With the new organization came new leadership, Conrad was successful in developing and maintaining a strong relationship with the Baker Hughes decision makers, assisting them with a variety of real estate requirements. Over the past 18 years, Conrad has handled over 70 transactions for Baker Hughes totaling in excess of 7,000,000 square feet of buildings and 500 acres of land.
This type of successful relationship is evidence of Conrad's dedication to his client and his efforts to exceed their expectations.
The first assignment that Mike Boyd handled for Boise Cascade Corporation was over 20 years ago, when he was hired to dispose of five building materials centers, two unimproved land sites and a 117,000 sf distribution center. Since the successful completion of that assignment, Boyd has represented Boise Cascade numerous times including the leasing of a 110,000 sf distribution center for the Boise Cascade Office Products Group, the leasing of a 96,000 sf, rail served distribution facility located on a 13 acre site for its lumber business and the sale of a 115,000 sf surplus facility.In the brokerage business, long term relationships are built on a record of successful assignments. At Boyd Commercial we strive to build those types of relationships with our clients.
“Boise has had more than its share of successful property acquisitions and dispositions in Houston over the years and Mike Boyd has been a big part of that success on each and every transaction.”
Jeffrey Georger
REAL ESTATE MANAGER
Menlo Worldwide Logistics leases 82,945 square ft. at 8801-8819 Fallbrook Drive from Liberty Property Trust."I wanted to thank [Clay Peeples and Steve Shields] for your work and support on the negotiating the Houston Cisco facility. We moved into the building last weekend with no major operational issues and Liberty has completed all tenant improvements required. Overall the startup was a huge success and Cisco is extremely happy with the outcome."
Patrick O'Connell
Menlo Worldwide Logistics
Smith & Associates is a $470 million independent distributor of semi conductors, electronic components and computer products to manufacturers and resellers of high-technology and computer equipment. In 2001, Smith chose Clay Peeples of Boyd Commercial to represent them in selecting a new office / warehouse facility in Houston. Clay successfully negotiated a lease on a 41,000 square foot, fully air conditioned property located on the Sam Houston Tollway, thus starting a multi project, multi year relationship with the company.Since that first transaction, Clay has represented Smith in the leasing of office and warehouse facilities in Houston, Austin and New York City. Clay coordinated the out of town locations through CORFAC International affiliates and SIOR contacts. Serving as a single point of contact, Clay was able to see that Smith received first class service, regardless of the location of the assignment.
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Boyd Commercial began a ten-year relationship when Los Angeles-based Atlantic Pearl Investments purchased the 200,000 sq. ft. Wayside Business Center in 1993. David Boyd brokered the deal on behalf of Mutual Benefit Life. After Atlantic Pearl acquired the property, they asked Boyd Commercial to continue to handle leasing on the project.
After a successful freeze up and hold period, David Boyd and Alexander Reilly of Boyd Commercial listed the property for sale for Atlantic Pearl and ultimately sold the property to a local Houston investor in 2003. Over the years, Boyd Commercial was able to handle both the sales and leasing of other Atlantic Pearl holdings in Houston including both industrial and retail properties totaling over 30 transactions.
David Boyd has maintained this relationship over the years by always putting the clients' best interests first and staying focused on long-term goals and objectives.
In 1971 W. W. Rowland founded a local cartage company, the W.W. Rowland Trucking Company. In 1978 he entered the shipping container storage and repair business serving the steamship industry. Today the Rowland Group is one of the largest container yard / trucking companies for the steamship line industry in the Houston area. In addition to Houston, Rowland has facilities in Dallas, San Antonio, Memphis and Laredo.
Mike Boyd of Boyd Commercial worked with W. W. Rowland on his first real estate acquisition in 1978 and subsequently has represented him on more than a dozen acquisitions and dispositions in Houston and other markets. The most recent Rowland transaction was the acquisition of 71 acres located near the proposed Union Pacific rail yard in Fort Bend County. Andy Sowell teamed with Mike Boyd to complete this transaction. Through CORFAC and SIOR connections in Dallas and San Antonio, Mike helped Rowland expand into those markets with major container facilities.
“I will not do a real estate deal without using Mike Boyd.”
W. W. Rowland, President The Rowland GroupReturn to Top
The Sherwin-Williams Co. had two real estate requirements when they came to Boyd Commercial for help. First, they needed site selection services for the relocation of their West Houston Automotive Finishes Division. Secondly, they wanted expert assistance in negotiating a lease renewal at their existing main branch location inside Loop 610 or, if unsuccessful at that, identifying an acceptable replacement location.
Alexander Reilly, CCIM filled both requirements by identifying a site for Sherwin-Williams’ new West Houston location in Southwest Business Park, and negotiating a long-term renewal of their main branch at a rental rate 50% below the Landlord’s demands.
Jeff Light, manager of Corporate Real Estate for Sherwin Williams Co., said, “I have been very pleased with the service and professionalism [Boyd Commercial], and [its] support team, have provided over the course of these projects. Of equal importance, I have been very satisfied with the results we achieved with [Boyd Commercial’s] assistance.”
