Andy Lockwood
Real Estate

About Us

CAREER SUMMARY

 Andy Lockwood is a 37-year veteran of the commercial real estate  business.  In 1979, Andy joined the Property Management division of  Hines, managing office buildings and rising to the level of Group  Manager at The Lake on Post Oak.  In 1984, Andy joined Benton/Gould  Properties where he sold raw land and commercial property.  Beginning in  1987, Andy served in several capacities at a firm which became CBREs  Capital Markets division; first, in asset management as an advisor to  Teacher Retirement System of Texas on its commercial loan and equity  real estate where he negotiated loan workouts and liquidated foreclosed  real estate, then reporting to lenders on their mortgage loan collateral  and finally in arranging $46,000,000 in commercial mortgage loans  before leaving CBRE in 2001.  In 2002, Andy joined the Investment Group  of Grubb & Ellis where he marketed and sold Texas apartment  properties, multi-housing development sites, undeveloped land for  commercial purposes, hospitality properties and financing commercial  real estate.  In 2008, Andy became an independent real estate broker and  advisor, specializing in commercial land sales and farm & ranch  properties in Houston and Chambers County where the economies are driven  in large part by the energy industry.  

EXPERIENCE

Chambers County & Liberty County land sales. From 2008 to present,  Andy has focused on commercial land sales and farm & ranch  properties in Houston and Chambers County where the economies are driven  in large part by the energy industry. 

Grubb & Ellis Investment Group.  From 2002 through 2008, Andy  sold and financed $57 million of real estate, including a 434 room full  service hotel in Fort Worth, TX, a 517 unit Class C apartments in  Pasadena, TX, a 145 bed Galleria area assisted living facility for  redevelopment into a 200 unit Class A senior housing property, 10 acres  of land on NASA Road 1 for development into a mixed use  retail/commercial, a 2.25 acre site in Midtown Houston for medical  development and 13 acres of land for tax credit multifamily use. 

CBRE.  From 1998 to 2001, Andy was involved in financing $46,000,000  of commercial real estate, including multifamily, office, retail and  land development.  In 1997, Andy managed the Collateral Review process  for CBRE's servicing portfolio and from 1987 through 1996, Andy provided  asset management services to Austin based Teacher Retirement System of  Texas (TRS) on its commercial loan and equity real estate in Texas,  Colorado and Georgia, directing selection/oversight of on-site  management firms, serving as liaison between TRS and its third-party  management companies in developing business plans, reviewing operating  and financial statements, budgets and leases, refurbishing multifamily  and office properties, including an extensive upgrade to a 34 story  luxury high-rise apartment property in Atlanta, a $25 million upgrade to  an Austin CBD office property, reviewing loan disbursements and  restructures, monitoring bankruptcy proceedings, conducting foreclosure  sales, preparing disposition plans and property/market reports.  Assets  included: Class A multifamily in Atlanta Club Tower (suburban luxury  high-rise) and Plantation Heights (suburban garden style); Class A  office   San Jacinto Tower (Dallas CBD), Frost Bank Plaza, One American  Center & Capital Center (Austin CBD), Sage Plaza (City Post Oak  Houston); Southwest Plaza Regional Mall (Denver).

Benton/Gould Properties. From 1984 to 1987 Andy worked at  Benton/Gould, a Houston commercial real estate brokerage firm where he  negotiated raw land and commercial property sales. 

Hines.  From 1979 to 1984 Andy served as Manager and then Group  Manager at Hines.  Andy supervised management operations, prepared  annual operating budgets, managed tenant relations and in 1982 he became  the Group Manager for The Lake on Post Oak, a three building, 1,250,000  SF, Class A office park in Houston's Galleria area. 

EDUCATION + INTERESTS

B.B.A. Economics   Stephen F. Austin State University, Nacogdoches, Texas, 1978 

Attended Universities of Texas and Denver from 1971-1974; world travel 1974-1976 

Professional Affiliations:
CPM designation from the Institute of Real Estate Management, 1982  
Brokers License   Texas Real Estate Commission, 1986

Contact Us

Andy Lockwood Real Estate

(713) 501-7670