Stellar International Commercial Real Estate LLC is a privately held commercial real estate company in Houston, Texas. We are a diverse group of innovative individuals, who as a team are committed to developing and implementing ideas and strategies in the commercial real estate market. Our background in property management has afforded us the ability to assess and evaluate “the way things have always been done” and provide a fresh approach towards ownership and tenant needs. Our focal points are maintaining and improving the asset through cost-effective measures and to ensure tenant retention remains in the forefront.
Alessandro Clerici, a Board Member of Stellar International, is the visionary behind the development of the company. He will be directly responsible for developing marketing and reporting strategies for the company. With 20+ years of experience in commercial real estate, he has the knowledge, expertise, and vision to lead a team of property management professionals. Previously, he served in various capacities as Asset Manager and General Manager reporting directly to the Board of Directors of 1225 North Loop Investments, Inc. Alessandro has worked with many property management companies in the Houston area consisting of CBRE, Moody Rambin, Colliers International, Stream Realty Partners and most recently, Peloton Commercial Real Estate, whose corporate office is in Dallas, Texas.
In both roles, Alessandro was directly responsible for the risk, cash flow and financial success of the organization’s investments related to 1225 North Loop Investments, Inc. He interacted regularly with the Property Management, Leasing and Sales agents of the building to develop a strategic plan for enhancing the property’s cash flow and increasing the asset value. Also included in these responsibilities was the coordination of the redevelopment, financing and ultimate disposition of the asset.
Under his direct management, annual operating expenses were reduced by $3.00 per square foot. In the past two years, the average rental rate increased by $2.00 per square foot and new and renewal leases represented 53% of the occupancy of the building.
Mr. Clerici currently serves on the board of Italy-America Chamber of Commerce of Texas.