Radler Inks 200k SF

Radler Enterprises secured over 200k SF of positive leasing activity across its Houston properties in 2015, most recently inking APPLUS Rtd for most of the top floor at 3 Sugar Creek Center in Sugar Land. Principal Tom Radom tells us APPLUS consolidated several locations into a new HQ in the 153k SF Class-A building. Sugar Creek, like the majority of the Radler Enterprises’ portfolio, is averaging above 90% occupancy.

Radom is just now completing the shell of Beltway Lakes III, a Class-A office park consisting of two nine-story office buildings totaling 500k SF. Livingston International is the first tenant in that project for its new regional HQ.

Real estate's in Tom's blood—his father, Mishael Radom, has been transacting real estate for 48 years and they work together on Radler's 1M SF portfolio. They're pictured together in the lobby of Beltway Lakes III. (“He is still the smartest man I have ever met, and I learn something new from him every day,” says Tom.) And Tom's brother Steve, along with partner Evan Katz, recently completed his first project, a retail development in the Heights.

In short, the Radoms have done well in a year that has seen some real struggles. Tom says his family's philosophy hasn't changed since Mishael founded Radler in '87 (quality assets, good tenants, and highest-quality customer service possible), and its deal flow doesn't surge when the market is hot or die when the market slows. His bold statement: "The strongest and smartest companies often make their most profitable moves during difficult times.”

One other secret to success: minimizing exposure to debt. The Radlers deploy their own capital, which ensures they always have the luxury of waiting for the right tenant and the right deal.

Continue reading this story with a free account

Log in or register
Related Topics: Radler Enterprises , Tom Radom
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

16K SF Restaurant, Event Space Opens At 5POP Office: The Houston Deal Sheet

SpaceX Sues Texas AG, Grimes County Over Terafab Project Information

Houston Healthcare's Race For Space Hits A Data Center Roadblock

Bouwinvest Expands International Real Estate Platform As Repricing Continues

3,500-Home Margaritaville Active Adult Community Coming To Texas City: The Houston Deal Sheet

Houston Industrial Supply Boom Tempered By Lack Of Equity

Houston Firm Hires Former Floor & Decor Exec As President Of New Offering

Northmarq Hires Prominent Houston Retail Team Away From CBRE

LaSalle IM Buys Stake In 1.5M SF CityWest Office Campus: The Houston Deal Sheet

Houston Suburb MPC Developers Lean On Flexible Financing

Alliance Building Houston-Area Complex Amid Declining Multifamily Construction

Efficiency, Speed And Experience: What CRE Needs To Know About The New Texas Business Courts