Andrew Lockwood - Commercial Real Estate Showcase

Andrew Lockwood Property Listings
Principal
Andy Lockwood Real Estate
6248 Terwilliger Way
Houston, TX 77057


Andy Lockwood is a 30-year veteran of the commercial real estate business. In 1979, Andy joined the Property Management division of Hines, managing office... More
Andy Lockwood is a 30-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 L.J. Melody & Company; 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 million in commercial mortgage loans before leaving Melody in 2001. In 2002, Andy joined the Investment Group of Grubb & Ellis where he sold Texas investment properties, including apartments, multi-housing development sites, hospitality properties, industrial properties, raw land for other commercial purposes and financed commercial real estate. In 2008, Andy left Grubb & Ellis to pursue real estate investment and brokerage activities independently as principal of Andy Lockwood Real Estate.



EXPERIENCE


Since 2003, Andy has sold and/or financed $57 million of real estate, including a 434 room full service hotel in Fort Worth, TX, a 517 units of Class C apartments in Pasadena, TX, a 145 bed Galleria area assisted living facility for redevelopment into a 200 unit Class A property, a 199 room hotel on NASA Road 1 for redevelopment into a mixed use retail/commercial and 6 acres of land for development into a 96 unit tax credit property. While at Melody, Andy was involved from 1998 to 2001 in financing $46,000,000 of commercial real estate, including multifamily, office, retail, special purpose retail and land development. Prior to 1998, Andy managed Melody’s Collateral Review process for its servicing portfolio and served as a real estate advisor to 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/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 (Houston suburb); Southwest Plaza Regional Mall (Denver). 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. From 1979 to 1984 Andy served as a Manager and then Group Manager at Hines. Andy supervised management operations, preparation of annual budgets, tenant relations and in 1982 he became the Group Manager for The Lake on Post Oak, a 1,250,000 SF, Class A office park in Houston’s Galleria area.



EDUCATION


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

Broker’s License – Texas Real Estate Commission, 1986



COMMUNITY ACTIVITIES


Coaching church league softball and soccer teams and fund raising for High School activities. Less 
ListingsMap
CoStar logo
Chambers County
Wallisville, TX 77597


Land
For Sale
$294,000 -
Andrew Lockwood   (713) 501-7670 Email
Andy Lockwood Real Estate (713) 501-7670
 
162 Acres
Chambers County
Anahuac, TX 77514


Land
For Sale
$3,969,000 -
Andrew Lockwood   (713) 501-7670 Email
Andy Lockwood Real Estate (713) 501-7670
 
Chambers County
Mont Belvieu, TX 77520


Land
For Sale
$14,882,275 -
Andrew Lockwood   (713) 501-7670 Email
Andy Lockwood Real Estate (713) 501-7670
 

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