Author Archives for bkdevelop
August 20, 2020 5:25 pm
Published by bkdevelop
The Midtown Sears is being converted to a tech hub. Crews are tearing down the Memorial City Sears in West Houston. Now, the freestanding Sears on North Shepherd, the last active Sears department store in the ...
August 18, 2020 10:23 am
Published by bkdevelop
Due to COVID-19, the need for school supplies this year is even greater. The Alliance is partnering with PlazAmericas to host its 13th Annual Back to School Drive this morning at 9a.m. The drive is aimed ...
August 16, 2020 1:47 pm
Published by bkdevelop
Volunteers distribute backpacks Tuesday during The Alliance and PlazAmericas’ Back to School drive in Houston. This is the 13th annual drive for the nonprofit and mall. Photo: Houston Chronicle / Elizabeth Conley / Staff Photographer
August 16, 2020 1:40 pm
Published by bkdevelop
The Alliance partnered with PlazAmericas to host the 13th Annual Back to School Drive on August 18, 2020. We distributed school supply bags to 3,000 students in the Southwest Houston area and gave out over 500 ...
August 16, 2020 1:33 pm
Published by bkdevelop
VIETV Coverage of The Alliance & PlazAmericas Back to School Drive-Thru event on August 18. Watch the Coverage Here
August 13, 2020 9:44 am
Published by bkdevelop
HOUSTON – Travelers around Houston will notice a growing number of buildings and storefronts that are empty, and the pandemic slowdown is likely to change where and how we spend our money. By comparison: in March, ...
June 2, 2020 4:55 pm
Published by bkdevelop
As COVID-19 disrupts the American economy, healthcare system and way of life, retailers and restaurants — the commercial real estate users whose very profitability and essence thrive on social congregation — have already been pegged as ...
May 4, 2020 9:33 am
Published by bkdevelop
PlazAmericas, Houston Premium Outlets, Katy Mills and Galleria are ready for patrons Nine Houston-area malls are planning to reopen in early May after being closed for more than a month to slow the spread of the ...
April 21, 2020 10:04 am
Published by bkdevelop
Even after shelter-in-place mandates, Dallas-based Weitzman closed several retail leases using digital aids, spokesman Ian Pierce said. For example, Weitzman and a national insurance tenant signed a lease in March using digital signing tools, including digital ...
March 27, 2020 10:01 am
Published by bkdevelop
“No one had a pandemic plan in place, but they are quickly developing them in terms of deep-cleaning methods and controlling crowds at essential-services retailers, which are actually thriving,” said Jeff Pandolfo, a leasing director for ...
February 14, 2020 5:01 pm
Published by bkdevelop
The Sears at Deerbrook and Willowbrook malls are reportedly closing, opening up a rare opportunity for the malls to redevelop a large portion of its retail space. The closures would join Sears locations that have shuttered ...
February 4, 2020 3:53 pm
Published by bkdevelop
By Katherine Feser | houstoncrhonicle.com Dallas-based Crow Holdings purchased a retail development housing several popular restaurant chains in southeast Houston near Baybrook Mall from Baker Katz. The development totals 15,600 square feet in two buildings. Houston-based Baker Katz, which broke ground ...
January 3, 2020 4:02 pm
Published by bkdevelop
For Nolan Morrison, regional manager with American Furniture Warehouse, expanding the company from its locations in Colorado and Arizona to Houston was a numbers game. Houston offered a lot of advantages to the Englewood, Colorado-based company, ...
January 3, 2020 11:19 am
Published by bkdevelop
American Furniture Warehouse completed the purchase of a 30-acre tract at Interstate 45 and River Plantation Drive in Conroe for its third Houston-area location. The site will house a 443,375-square-foot store, including 150,000 square feet of ...
January 2, 2020 4:57 pm
Published by bkdevelop
American Furniture Warehouse, an Englewood, Colorado-based furniture retailer, has acquired a 30-acre tract in Conroe for its third Houston-area store, according to a press release. The store, just south of the Grand Central Park master-planned community, ...
October 18, 2019 2:28 pm
Published by bkdevelop
Heads of the new shopping center project in Brenham say development is coming along well. The Houston-based developer Baker Katz is currently developing 35 acres of land at the Highway 290 – Chappell Hill Street intersection, ...
October 8, 2019 2:44 pm
Published by bkdevelop
Born and raised in Texas, a graduate of Texas A&M, and having spent 15 years serving retailers in the Houston market as a principal of the Baker Katz real estate brokerage, Jason Baker knows the Lone ...
September 26, 2019 3:16 pm
Published by bkdevelop
Developers of a new shopping center here say they are receiving positive responses from major retailers about opening stores there. Kenneth Katz of Houston-based developer Baker Katz said the company is “actively negotiating with a number ...
September 17, 2019 4:59 pm
Published by bkdevelop
Academy Sports + Outdoors on Monday opened a store in Richmond with a revamped floor layout and design, part of the Katy athletic retailer’s initiative to improve customers’ shopping experience amid increasing brick-and-mortar and online competition. ...
September 10, 2019 9:35 am
Published by bkdevelop
A persistent need for a tenant mix that is resistant to e-commerce and which facilitates a unique, authentic experience is prompting owners of older retail centers and malls to assume high levels of risk and redevelop their ...
September 6, 2019 4:54 pm
Published by bkdevelop
Bellaire Town Center, a redevelopment project of SDI Realty Advisors under construction at Bellaire Boulevard and South Rice Avenue, has signed Salata and JuiceLand as its latest tenants. Salata, represented by Wade Greene of Transwestern, signed a 2,804-square-foot lease. JuiceLand, ...
August 30, 2019 4:46 pm
Published by bkdevelop
After months of waiting, numerous restaurants made their debut this week, and some local barbecue joints received national accolades in this week’s restaurant roundup. Latest Goodnight Hospitality restaurant opens Rosie Cannonball opened Aug. 29. The restaurant, ...
May 21, 2019 5:22 pm
Published by bkdevelop
Selecting the 10 Under 40 class is one of our most difficult annual duties and many worthy nominees don’t make the final cut. Here are 12 of the worthiest. Chris Ressa, 35Chief operating officer, DLCAs a ...
May 10, 2019 5:37 pm
Published by bkdevelop
Jamba Juice’s new store at 9303 Highway 6 in Missouri City is one of nine locations in the Houston market.Photo: Jamba Juice Jamba Juice has opened at 9303 Highway 6, at the entrance of the Sienna ...
May 10, 2019 4:34 pm
Published by bkdevelop
GlobeSt.com catches up with Baker Katz executives on the popularity of utilizing geofencing to assist retailers with site selection and for shopping center awareness among other things in preparation for the upcoming ICSC RECon conference later ...
May 8, 2019 4:04 pm
Published by bkdevelop
The inclusion of boutique and independent retail has shifted from a curiosity to a priority. By Lunden McGill & Ben Brown, of Baker Katz. In cities around the country, growing numbers of developers are prioritizing the ...
April 22, 2019 6:06 pm
Published by bkdevelop
The 2018 edition of ICSC’s colossal RECon convention is gearing up and GlobeSt.com chats with a few expert sources on their expectations and predictions for the show. “At neighborhood strip malls and power centers, big box ...
April 12, 2019 10:30 am
Published by bkdevelop
Winner: H-E-B’s Land Purchase at Kirby Boulevard and West Alabama Street Developer: Midway/H-E-B Seller: Tommy Dickey / Tom Lipincott Attorney: Greg Erwin Broker: Tim Dosch and David Marshall (represented seller); Baker Katz (represented H-E-B) San Antonio-based ...
February 2, 2019 4:25 pm
Published by bkdevelop
Open-air landlords report strong growth among mom-and-pops Small-shop tenants took a hit when credit dried up after the 2008 financial crisis. Now, a decade later, some landlords are reporting record-high occupancies and rents for these operators, ...
February 1, 2019 7:17 pm
Published by bkdevelop
H-E-B opened a multistory location in the Heights this week, and it is expected to significantly increase the appeal of the Shepherd corridor. The new 92K SF store, at 2300 North Shepherd Drive, includes a two-story parking structure, 50 bike-rack ...
December 29, 2018 11:09 am
Published by bkdevelop
From first-to-market concepts to established chains, eateries and bars are propelling retail absorption in each of Texas’ major markets, say retail brokers. Over the past couple years, retail investors and developers have begun paying special attention ...
December 25, 2018 4:54 pm
Published by bkdevelop
Margaret Mitchell has lived in Sharpstown for nearly her whole life, watching in dismay as stores closed in the neighborhood’s main shopping center and the property slid into disrepair, despite efforts by owners to make the ...
November 16, 2018 4:49 pm
Published by bkdevelop
Mendocino Farms, a casual restaurant based in Southern California, will become another dining option in Uptown Park, a project of Edens undergoing a renovation at Post Oak Boulevard and West Loop 610. The 3,205-square-foot restaurant will ...
May 4, 2017 4:35 pm
Published by bkdevelop
Jason Baker, founding partner of Houston-based retail brokerage rm Baker Katz, credits this trend to the efforts of traditional grocers such as Kroger and H-E-B to diversify their product lines and service offerings. “Twenty years ago, ...
May 1, 2017 3:50 pm
Published by bkdevelop
The Landlord forgoes base rent and collects only percentage rent as a way to prop up tenants at risk of going dark. And in yet another scenario, percentage rent kicks in as a result of the ...
April 5, 2017 4:27 pm
Published by bkdevelop
After taking a hit post-recession, construction and development lending is accelerating once more, but community banks are proceeding with caution By Beth Mattson-Teig Construction loans that all but disappeared in the wake of the recession are ...
February 13, 2017 5:07 pm
Published by bkdevelop
Adaptive reuse, or the restoration of a historic property into usable real estate, has grown in popularity among Houston developers looking for space in an increasingly dense inner Loop. But not all of these projects are ...
January 11, 2017 8:51 am
Published by bkdevelop
Retailers are on track to expand rapidly throughout the Houston area this year in an effort to keep up with population growth and cash in on a steadily improving economy. Developers are expected to build and ...
January 5, 2017 8:37 pm
Published by bkdevelop
Set your alarm clocks: The popular Snooze breakfast and brunch spot will open two more locations this summer. Snooze, which made its debut in Houston in a midcentury-mod space at 3217 Montrose last year, draws a ...
November 22, 2016 10:34 pm
Published by bkdevelop
HOUSTON—The Melt, a fast-casual restaurant serving food exclusively from natural ingredients, opened its first Texas location at The Lawn at Houston’s Baybrook Mall yesterday. An additional location is slated to open in spring of 2017 at ...