“Corpus Christi, 182 miles southwest of Houston, was also impacted by Hurricane Harvey, but given its path and landfall, was spared the damage other areas experienced.
“When a hurricane is noted, we watch it for three weeks out and decide whether we need to make arrangements for the storm,” said Cravey Real Estate Services president Matthew Cravey, SIOR, CCIM.
It is an attractive market for many outside investors, given Port Corpus Christi, a key facility for the petrochemical and windfarm industries, and its abundant natural gas, he noted.”
Many, if not all such transformations offer a wide range of opportunities for SIORs. Matthew Cravey, SIOR, Cravey Real Estate Services, Corpus Christi, Tex., convinced an investor to put under contract a former HEB Grocery store building. “While under contract, we found a charter school to lease the main building,” he shares. “We then sold off pad sites to fast food restaurants.”