Hartman Properties

Ashford on the Bayou Houston

Ashford on the Bayou Reaches New Heights as Hartman Properties Celebrates Three Years of Transformational Growth

From 69% to 96%– Ashford on the Bayou showcases exceptional leasing momentum and post-pandemic resilience under Hartman leadership. HOUSTON, TX – Hartman Properties, one of Texas’ most respected commercial real estate firms, is proud to announce a significant milestone at Ashford on the Bayou, one of the company’s flagship office assets in the Houston Energy Corridor. After three years of intentional repositioning, capital improvements, and hands-on tenant engagement, Ashford has become a case study in how strategic asset management can drive long-term value—even in a challenging office market. Since July 2023, Ashford on the Bayou has almost doubled its occupancy—growing from 55% in July 2019 to 91% in September 2025. This remarkable turnaround is not only a testament to the property’s inherent quality and location but also to Hartman Properties’ unwavering commitment to breathing new life into Class B office buildings through smart investment and visionary leadership. “Ashford on the Bayou represents everything we stand for at Hartman Properties,” said Allen R. Hartman, Founder and Executive Chairman, known throughout the industry as Al Hartman. “When the market questioned the future of the office, we saw an opportunity to double down. We improved curb appeal, added move-in-ready spec suites, enhanced tenant services, and focused on what businesses really want—a beautiful, functional, flexible space that supports productivity and well-being. That’s what we delivered, and that’s why tenants continue to choose Ashford.” Located at 1001 South Dairy Ashford, Ashford on the Bayou blends the serenity of Houston’s natural bayou landscape with the convenience of a central Energy Corridor location. The property features lush greenery, walkable outdoor spaces, free garage parking, on-site security, and access to major highways—offering tenants a truly unique combination of peace, prestige, and proximity. In 2025, Hartman completed several major upgrades to the property, including lobby renovations, modernized common areas, and newly developed spec suites tailored to medical, professional services, and financial tenants. These enhancements continue to drive leasing momentum. One of the most recent tenants to sign is Walker Coffee Trading, L.P., which secured 4,552 square feet in a long-term lease beginning December 1, 2025. The deal was brokered by Ami Figg, who represented the landlord. Ashford’s occupancy growth is reflective of a broader pattern across Hartman’s Houston portfolio, which continues to outperform the metro average. While many landlords have struggled to adapt to the post-pandemic workplace, Hartman’s disciplined approach to asset repositioning, leasing, and tenant engagement has proven successful. “Our goal is simple: to create spaces that people love coming back to,” added Hartman. “Whether it’s a small business moving out of coworking, a national firm looking for value, or a medical provider seeking turn-key space, Ashford on the Bayou is a place where they can grow.” About Hartman PropertiesFounded in 1983 by Allen R. Hartman, Hartman Properties is a privately held commercial real estate investment firm with a portfolio of high-quality office, industrial, and retail assets located in key Texas markets including Houston, San Antonio, and Dallas. Known for its conservative investment philosophy, hands-on management style, and dedication to value creation, Hartman Properties has built a reputation as one of the most trusted names in Texas commercial real estate. The firm continues to prioritize tenant satisfaction, long-term relationships, and disciplined growth. For more information, visit www.hartman-properties.com.

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Spectrum Building San Antonio

Jefferson Capital Systems Joins Hartman’s Spectrum Building in San Antonio, Expanding the Property’s Dynamic Tenant Roster

HOUSTON, TX – October 22, 2025 – Jefferson Capital Systems, LLC, a nationally recognized leader in consumer-finance and debt-purchasing solutions, has signed a lease with Hartman Properties for 10,235 square feet in The Spectrum Building, located in the heart of San Antonio, TX. The lease term is 18 months, with lease commencement scheduled for December 1, 2025. This strategic agreement reinforces Hartman Properties’ ongoing momentum in leasing premium office space to leading-edge firms. Jefferson Capital’s decision to join The Spectrum Building testifies to the property’s reputation for delivering a sophisticated, professionally-managed environment — designed to support growth, collaboration, and success. “We’re thrilled to welcome Jefferson Capital Systems to The Spectrum Building,” said Allen R. Hartman, Founder and CEO of Hartman Properties. “Their selection of our space underscores the compelling value proposition we continue to present to ambitious, high-performing companies.” Representing the landlord in this transaction was Kaila Brodeur of Hartman Properties. Located in San Antonio, TX, The Spectrum Building offers direct access to major thoroughfares, premier dining and retail destinations, and a vibrant professional community. With class-A finishes, abundant natural light, and modern amenities, it is a top choice for established firms seeking an efficient and inspiring workspace. Hartman Properties continues to experience strong leasing velocity across its Texas portfolio, driven by proactive property management, strategic capital improvements, and a commitment to creating thriving business environments for its tenants. About Hartman Properties  Hartman Properties is a Texas-based commercial real estate investment and development firm with a focus on repositioning and managing high-quality office and medical properties. With a portfolio spanning key Texas markets, Hartman delivers spaces that empower professionals, foster community impact, and generate long-term value for investors. For more information visit www.hartman-properties.com.

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Surging Demand for Medical Properties

Gilbert Family Practice Joins Hartman’s 3100 Weslayan with Long-Term Lease

Houston, TX — Hartman Properties announced today that Gilbert Family Practice, PLLC has signed a long-term lease for 2,950 square feet in Suite 315 at 3100 Weslayan, further solidifying the property’s role as a premier medical office building within Houston’s rapidly growing River Oaks submarket, which is quickly becoming a healthcare corridor for the city. The lease commences November 1, 2025, and runs through November 30, 2034. Strategically located in Houston’s Greenway Plaza district with direct access to major freeways, 3100 Weslayan provides an ideal address for healthcare providers seeking modern facilities in proximity to the Texas Medical Center, River Oaks,Houston’s most affluent neighborhoods, and the newly acquired former Coca-Cola bottling site near West University Place by Houston Methodist Hospital. “3100 Weslayan has quickly become one of the most attractive medical office destinations in Houston,” said Allen R. Hartman, Founder and CEO of Hartman Properties. “The addition of Gilbert Family Practice not only enhances the diversity of healthcare services offered at the building but also demonstrates Hartman’s ability to deliver high-quality, well-positioned medical space that meets the growing needs of providers and patients in Houston’s prime medical corridor.” Under the new lease, Gilbert Family Practice will establish a comprehensive family medicine clinic, providing accessible and essential care to patients across the region. The practice will benefit from 3100 Weslayan’s modern architecture, abundant natural light, and inviting courtyards and patios — features designed to enhance the patient experience. Strengthening Hartman’s Market Position The lease underscores Hartman Properties’ strategic focus on transforming key assets to serve Houston’s expanding healthcare market. 3100 Weslayan is a four-story, 78,087-square-foot Class A building that is currently 72% leased to more than two dozen medical users, including anchor tenant Berkeley Eye Center, which recently renewed its long-term lease. To capture rising demand, Hartman Properties is actively marketing the remaining 16,710 square feet of available space, including a 6,084-square-foot turnkey spec suite designed for high-image specialties such as orthopedics, neurology, and women’s health. “With every new lease at 3100 Weslayan, we are strengthening Hartman’s leadership position in Houston’s medical real estate market,” added Hartman. “Our focus on prime locations, quality tenant experience, and long-term value creation ensures that properties like 3100 Weslayan are positioned for sustained success in Houston’s healthcare ecosystem.” Transwestern’s Sandra Wolters, Senior Associate, represented the landlord in the transaction. About Hartman Properties  Hartman Properties is a Houston-based real estate investment company focused on acquiring, owning, and operating a diversified portfolio of office, retail, and light industrial properties in Texas. The firm is recognized for its hands-on management style, tenant-first approach, and proven strategy of enhancing asset value through disciplined acquisitions, capital improvements, and market repositioning. For more information, visit www.hartman-properties.com.

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How We Create Purpose Driven Workplaces

At Hartman, we believe work is more than a job and buildings are more than walls. For us, commercial real estate is a calling to create environments where people, businesses, and communities can thrive. We call it a purpose driven workplace, and it is the foundation of how we lead, build, and serve. In an industry that often focuses on square footage and specifications, we focus on something deeper: people. Building More Than Offices When a tenant signs a lease, they are not just looking for a space. They are looking for a partner in their success. They need a reliable landlord, a clean and safe environment, and a place that reflects their values. We meet those needs with integrity, but we also go further. Every Hartman property is managed with intention. From day one, we invest in relationships with tenants, asking what matters most to their teams. Whether it is improving shared spaces, organizing tenant events, or providing extra touches of hospitality, we believe small actions build strong communities. Leading with Faith and Stewardship Our team operates with a deep sense of stewardship. We view every building, every employee, and every tenant as a trust—something we are called to manage with care, humility, and wisdom. That perspective shapes how we lead. We teach our teams that excellence is a form of worship and that how we treat people reflects who we are. That means being present, being responsive, and being accountable every day. It means showing up for others even when it is inconvenient. It means doing the right thing when no one is watching. Investing in People, Not Just Properties A purpose driven workplace does not happen by accident. It is built by leaders who believe that people are the true asset. We invest in our team’s growth, in their faith, and in their future. Our internal leadership development programs and weekly Bible studies are not side projects. They are part of our culture. When our employees thrive, our tenants feel it. When our tenants thrive, our buildings succeed. That is the long term view we have taken for over 40 years, and it is why we continue to grow while staying grounded. Creating Spaces That Uplift Our goal is simple. We want every tenant who walks into a Hartman building to feel the difference. Not just in the maintenance or the customer service, but in the atmosphere. We want our properties to be spaces where In a world that increasingly separates profit from purpose, we believe the two belong together. At Hartman, commercial real estate is not just about assets. It is about people. And when people feel seen, supported, and inspired, real growth happens. We are proud to create more than spaces. We create purpose driven workplaces where businesses do more than succeed—they flourish. If that resonates with you, we invite you to experience the Hartman difference.

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Hartman Properties Secures $41.9 Million Loan Modification, Extending Credit Facility Through 2027

Strategic transaction and loan modification fixes interest rate at 6.49%, extends maturity, and enhances stability for Houston and San Antonio office and retail assets Houston, TX — August 30, 2025 — Hartman Properties, a Houston-based real estate investment company, announced today the successful refinancing of its $41.9 million master credit facility with East West Bank. The refinancing extends the maturity of the facility to July 15, 2027 and reinforces Hartman’s long-term financial position while enhancing operational flexibility for its Texas real estate portfolio. Facility Details & Financial Impact The facility, collateralized by eight office properties and one retail property located across Houston and San Antonio, reflects Hartman’s continued strength in two of Texas’ most dynamic markets. The promissory note bears interest at the prime rate minus 0.25%, which equates to 7.25% as of August 13, 2025. As part of the transaction, Hartman and East West Bank strategically executed a derivative instrument to fix the interest rate at 6.49% for the remaining 24 months of the loan term. This structure secures a fixed rate nearly 75 basis points below the market benchmark of prime minus 25, creating a mutually advantageous outcome: the Borrower benefits from a favorable fixed rate over the next two years, while the Lender safeguards its position by locking in protection should market rates decline further.  Leadership Commentary “This refinancing marks a significant milestone in Hartman’s ongoing strategy to manage leverage prudently, strengthen our balance sheet, and protect investor value,” said Allen R. Hartman, Chief Executive Officer of Hartman Properties. “By extending the facility and fixing our rate well below market levels, we are not only safeguarding against future interest rate risk but also ensuring that we remain well-positioned to support leasing momentum and drive long-term value across our portfolio.” Portfolio & Market Position Hartman’s collateralized properties represent a mix of high-quality office and retail assets in Houston’s Energy Corridor, West Houston, and San Antonio, markets that continue to see demand from tenants in healthcare, energy, and professional services. The refinancing provides stability as Hartman continues executing leasing initiatives, including recent long-term commitments from medical and corporate tenants. “Houston and San Antonio remain two of the strongest growth markets in the country,” Hartman added. “This refinancing ensures that we can continue to meet the needs of tenants, reinvest in our properties, and create positive impact in the communities we serve.” Community and Tenant Impact Beyond financial stability, the refinancing underscores Hartman’s commitment to serving local businesses and communities. By strengthening its capital position, Hartman can continue delivering high-quality spaces for small, mid-sized, and large enterprises. The company’s properties have become home to leading medical practices, financial firms, and service providers that support thousands of local jobs across the Houston and San Antonio regions. About Hartman Properties Hartman Properties is a Houston-based real estate investment company focused on acquiring, owning, and operating a diversified portfolio of office, retail, and light industrial properties in Texas. The firm is recognized for its hands-on management style, tenant-first approach, and proven strategy of enhancing asset value through disciplined acquisitions, capital improvements, and market repositioning. For more information, visit www.hartman-properties.com.  

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office move-in checklist

Moving Into a New Office? Your 30-Day Office Move-In Checklist

Moving into a new office is an exciting milestone. It signals growth, opportunity, and a fresh start for your business. But between coordinating movers, setting up technology, and ensuring your team is productive from day one, it’s easy to feel overwhelmed. That’s where having a clear office move-in checklist comes in. At Hartman, we’ve helped thousands of tenants transition into new spaces smoothly. This 30-day office move-in checklist will keep you organized and help you settle in with confidence. Week 1: Essential Setup Your first week is all about making the space operational so work can begin right away. The property management team will be vital in working through most of these essentials to setup your office. Week 2: Tech & Infrastructure Now that the basics are in place, focus on your technology and office systems. Week 3: Branding & Comfort Your office should reflect your company culture and make employees feel at home. Week 4: Optimize & Launch By the final week, you should be ready to put the finishing touches on your move. Your New Office, Made Easy with Hartman A successful office move starts with the right space and the right property partner and we hope this office move-in checklist helps make it easier. At Hartman, we offer professionally managed, move-in-ready commercial office spaces across Texas, with flexible leasing and dedicated property management to support your success from day one. Ready to find your perfect office?Contact Hartman today to schedule a tour and see how we make moving in easier for growing businesses like yours.

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Timberway II Houston

Hartman Properties Secures Long-Term Lease with BW Offshore USA Management, LLC at Timberway II

Strategic 9,000+ SF Lease Marks Major Win for Houston Office Portfolio August 21, 2025 HOUSTON, TX — Hartman Properties is proud to announce the successful execution of a long-term lease agreement with BW Offshore USA Management, LLC, securing 9,062 square feet of Class B office space at Timberway II, located at 15995 N. Barkers Landing Road in Houston’s Energy Corridor. The 66-month lease commences on October 1, 2025, and represents a major win for the property and the broader Hartman portfolio. Ami Figg, Vice President of Leasing for Hartman Properties, represented the landlord in the transaction. BW Offshore is a global leader in floating production solutions for the oil and gas industry, with a fleet of FPSOs (Floating Production Storage and Offloading units) operating worldwide. The company is recognized for its expertise in the design, construction, installation, and operation of offshore production systems, supporting the energy demands of markets across the globe. BW Offshore USA Management, LLC serves as the U.S. operational arm of this international powerhouse. “This lease is a testament to our strategic focus on providing superior value and exceptional service to global and national companies seeking long-term success in Houston,” said Allen Hartman, Chairman and CEO of Hartman Properties. “Timberway II continues to attract leading firms with its combination of first-class amenities, responsive management, and prime location in the heart of the Energy Corridor.” “We are honored to welcome such a respected global energy company to Timberway II,” Hartman added. “This is a strong validation of our commitment to attracting high-quality tenants and maintaining a thriving office environment for businesses leading the way in their respective industries.” Hartman Timberway II, LLC is part of Hartman Properties’ expansive commercial real estate portfolio, spanning office, retail, and industrial assets across Texas. With this latest lease, Timberway II continues to outperform in Houston’s evolving office market and solidifies its standing as a magnet for premier energy-sector tenants.

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Hartman vREIT XXI, Inc. Announces Board Transition and Appointment of New Independent Director

Company veteran John Ostroot retires from board duties; experienced entrepreneur and global manufacturing leader Jeffrey L. McFerrin joins as independent director to support Hartman’s strategic growth initiatives. HOUSTON, TX – July XX, 2025 – Hartman vREIT XXI, Inc. (“Hartman” or the “Company”), a Houston-based real estate investment trust, announced today the resignation of John Ostroot from its Board of Directors, effective May 31, 2025, and the appointment of Jeffrey L. McFerrin as a new independent director. Mr. Ostroot, who also served on the Company’s Audit Committee, has stepped down to retire from corporate duties. His decision was not related to any disagreement with the Company on matters regarding operations, policies, or practices. The Company is deeply grateful for Mr. Ostroot’s dedicated service and contributions to the Board. Following this transition, the Board has appointed Jeffrey L. McFerrin, a seasoned entrepreneur and investor with extensive global manufacturing and M&A experience, to serve as an independent director. Mr. McFerrin, 55, is the founder and current director of Singapore-based Chemical Specialties Pte. Ltd., a contract manufacturing firm servicing the Asian market. With a career spanning over three decades, Mr. McFerrin has successfully led businesses through growth, transitions, and private equity exits, most notably serving as President of his family’s chemical enterprise until its acquisition in 2012. He played a key role in the 2021 sale of South Coast Terminals in Houston and maintains a robust investment portfolio that includes oil and gas operations, real estate, and trust management. An alumnus of Texas A&M University, Mr. McFerrin was named a Distinguished Alumni in 2018 and currently serves on the Advisory Board of the university’s Chemical Engineering Department. His addition to Hartman’s Board brings a wealth of experience in finance, corporate governance, estate planning, and strategic divestitures. “We are pleased to welcome Jeffrey McFerrin to the Hartman Board,” said Allen R. Hartman, CEO and CFO of Hartman vREIT XXI. “His business acumen, M&A background, and operational expertise across multiple sectors make him an invaluable asset as we continue to pursue strategic growth opportunities across our portfolio.” For more information, visit www.hartman-properties.com. About Hartman vREIT XXI, Inc.Hartman vREIT XXI, Inc. is a Texas-based Real Estate Investment Trust (REIT) focused on owning and operating strategically located commercial properties in the Southwest. The Company specializes in value-oriented real estate investment and management with a commitment to delivering strong shareholder value through disciplined acquisitions and tenant-focused operational strategies.

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Why Choosing a Landlord with In-House Property Management Makes a Difference

At Hartman, we do not outsource property management. We manage our buildings with an experienced in-house property management team that understands our properties inside and out, and more importantly, puts tenant satisfaction first. When searching for commercial real estate, most tenants focus on square footage, location, and lease terms. But there is one factor that often gets overlooked and it can make or break your day-to-day experience: in-house property management. Here is why that matters. 1. Faster Response Times and Fewer Headaches When property management is handled in-house, there is no middleman. That means faster response times for maintenance requests, better communication, and real-time updates. At Hartman, our on-site and regional property teams are empowered to take action quickly, often resolving issues the same day. Your business should not have to wait to get back to work. 2. Consistent Service Across Every Building With third-party managers, service can be hit or miss. In contrast, Hartman’s in-house team follows a consistent standard of excellence across our entire portfolio. We train every team member in our Hartman Standard of Performance, ensuring every tenant, whether in Houston, Dallas, or San Antonio, receives the same high level of care. 3. Proactive Building Maintenance Our team is not just reactive; they are proactive. Because we manage our own buildings, we know them inside and out. We anticipate needs before they become problems, extending the life of building systems and minimizing downtime for our tenants. Regular HVAC checkups, preventative plumbing maintenance, and up-to-date safety inspections are all part of the Hartman approach. 4. Direct Communication with Decision Makers When you lease from Hartman, you are not dealing with a faceless property management firm. You are working directly with the owners and operators of the building. This creates a level of accountability you will not find elsewhere. If you have a concern, you can pick up the phone and talk to someone empowered to fix it. 5. Better Building Communities In-house management teams help create stronger tenant communities. Our property managers often organize networking events, tenant appreciation days, and seasonal celebrations that build connections among tenants. It is all part of our mission to create exceptional work environments, not just buildings. Experience the Hartman Difference Choosing a landlord with in-house property management is not just a nice-to-have. It is a strategic advantage. It means fewer surprises, more support, and a landlord who is as invested in your success as you are. Ready to find a space where you can thrive? Contact Hartman today to schedule a tour or speak with a leasing agent.

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Hartman vREIT XXI, Inc. Announces Updated Net Asset Value Per Share of $9.83

Valuation reflects performance of core commercial assets and strategic investments in Texas-based office, retail, and industrial real estate HOUSTON, TX – July 30, 2025 – Hartman vREIT XXI, Inc. (“Hartman” or the “Company”), a Houston-based real estate investment trust, today announced that its Board of Directors has determined an estimated Net Asset Value (NAV) per share of $9.83 for its Class A, Class S, Class I, and Class T common stock, effective as of December 31, 2024. The updated NAV per share, which was unanimously approved by the Board including all independent directors, reflects a comprehensive assessment of Hartman’s portfolio of commercial properties across Houston and San Antonio, investments in affiliated real estate entities, and other financial holdings. The NAV was determined with the assistance of the Company’s advisor, in consultation with the Board’s audit committee and based in part on third-party appraisals by LaPorte CPAs and Business Advisors. Key Highlights: “This updated NAV reflects our continued commitment to transparency and to building long-term shareholder value,” said Allen R. Hartman, Chief Executive Officer of Hartman vREIT XXI, Inc. “We remain focused on disciplined capital stewardship and the strategic optimization of our portfolio in high-growth Texas markets.” The Company intends to provide NAV updates on a quarterly basis, or as otherwise determined by the Board. Investors and broker-dealers are encouraged to use the updated valuation in connection with portfolio reviews and regulatory compliance, including FINRA customer account statements. About Hartman vREIT XXI, Inc.Hartman vREIT XXI, Inc. is a real estate investment trust based in Houston, Texas, focused on owning and operating high-performing office, retail, and industrial real estate assets throughout the state. With an emphasis on long-term value creation, the Company delivers investor returns through strategic acquisitions, hands-on property management, and targeted leasing strategies.For more information, visit: www.hartman-properties.com Forward-Looking StatementsThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. Readers are encouraged to review Hartman’s SEC filings for additional information regarding such risks.

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