Future residents can get unique perks and up to two months of free rent at Drewery Place (credit: Mabry Campbell).
HOUSTON—Caydon launched the ultimate Black Friday deal at Drewery Place, where future residents can save up to $15,000 on an apartment in the first high-rise residential tower in Midtown. As Houston's population continues to rapidly increase, Caydon is one of the only real estate developers in the city offering an exclusive deal for those looking to make the move during the world's largest shopping events.
"When Caydon expanded into the US, our goal was to offer our residents an unmatched, unique lifestyle that they had never experience before with modern interiors, home automation and luxury amenities, all with a community feel within Midtown Houston," said Derrek LeRouax, COO of Caydon USA. "For this year's Black Friday, we wanted to showcase our innovation and launch an unprecedented property deal. Now, future tenants can take advantage of the global event, save thousands and live in one of the most sought-out buildings in the city, Drewery Place."
Future residents need to schedule a tour of Drewery Place before Cyber Monday ends on December 2, 2019 to learn all about the urban lifestyle offered at the 27-story tower. Then, customers must complete a tour, sign a lease before December 31, 2019 and move in within 60 days to seal the deal and receive one-off discounts.
Incentives are offered on all apartments, studios, one- and two-bedrooms, with prices starting at $1,595 per month. The building is close to 30% leased.
Caydon is providing residents with one free month of rent on a 13-month lease at Drewery Place and a VISA gift card at the value of one month's rent on a one-bedroom unit or two months' rent on a two-bedroom unit. Also, residents will also get an Amazon Alexa to connect all smart devices along with an IT consultation to customize for personal and in-home automation features.
In addition, tenants will also receive a METRO card valued at $25. Drewery Place is located on the METRORail between Houston's two major employment centers–downtown and the world's largest medical complex, Texas Medical Center.
"While other developers in the area are offering a few months' rent free, due to Caydon's high property value, we believe this is one of the largest incentives offered by a Houston real estate developer and most exciting in the market. The deal is allowing people to get into the highly sought-after Drewery Place at never to be repeated prices." Emma Alexander, director of sales and marketing for Caydon, tells GlobeSt.com.
Caydon is a Melbourne, Australia lifestyle and property developer with experience in residential, commercial, retail and hotels.
The citywide occupancy is up to 90.3%, the highest quarterly total since the fourth quarter of 2015, according to a report by JLL. Occupancy has seen a steady uptick that mirrors the robust job growth Houston is experiencing. Metro Houston created 93,600 jobs in the 12 months ending July 2019.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
