In The News

As a leader in the retail real estate industry, the experts at Baker Katz are often called on by local, regional and national media to comment on retail and development trends. Check out our latest news coverage.
Oct
21
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Real estate transactions: Retail land sells in Willis, Friendswood

by Katherine Feser Primo Fitness, a supplier of new and used high-end fitness equipment, has purchased a 71,438-square-foot office/warehouse on 4.6 acres at 701 Sycamore Road in Fresno. The company will relocate its operations from Santa
  • Ben Brown
  • Jason Baker
  • Willis
Jul
29
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Baker Katz acquires, will improve business plaza in League City

by Jake Magee – Community Impact Commercial developer Baker Katz in late June announced the company had acquired a shopping center adjacent to the planned Riverview development at I-45 and Wesley Drive in League City. The
  • League City
  • property acquisitions
Jun
27
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Baker Katz buys League City retail center near future destination developments

By Florian Martin – ReporterHouston Business Journal Houston-based commercial real estate firm Baker Katz has acquired a shopping center adjacent to League City’s planned 70-acre Riverview mixed-use development. The firm purchased the 108,000-square-foot Pecan Park Plaza
  • Houston Business Journal
  • Jason Baker
  • League City
May
20
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Retail wrap: Burkes Outlet, State Far Kitchen & Bar, Dave’s Hot Chicken ink new locations

Florida-based PopStroke Entertainment Group will open a Tiger Woods-designed golf entertainment facility on 3.2 acres in Katy Grand, a project of NewQuest Properties at Interstate 10 and the Grand Parkway. The venue will include two 18-hole
  • Development
  • Foodarama
  • Kenneth Katz
May
05
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Baker Katz purchases Foodarama building

The Foodarama at 18th Street and Ella Boulevard, part of a locally owned, privately held Texas-based company with 10 grocery stores throughout Houston and the surrounding areas, has long been a go-to for necessities. Now, the
  • Foodarama
  • Heights
  • Kenneth Katz
  • The Leader News
Dec
25
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Sharpstown moves toward change

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
  • Development
  • Houston Chronicle
  • Jason Baker
  • Kenneth Katz
  • Neal Wade
  • Sharpstown
Dec
21
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Baker Katz Purchases 850,000 SF Shopping Mall in Houston

HOUSTON — Houston-based retail firm Baker Katz has purchased PlazAmericas Mall, an 850,000-square-foot shopping destination in Houston. Formerly known as Sharpstown Mall, the property was built in 1961 and has undergone several renovations over the years.
  • Development deasl
  • Jason Baker
  • Kenneth Katz
  • Neal Wade
  • PlazAmericas
  • RE Business Online
  • Sharpstown
Dec
21
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10 Must Reads for the CRE Industry Today (Dec 21, 2018)

Analysts worry the high amount of investment in self-storage properties may have outpaced demand for self-storage space, reports the Wall Street Journal. Forbes offers a 2019 real estate investment preview. These are among today’s must reads
  • development deals
  • Jason Baker
  • Kenneth Katz
  • Mall
  • Neal Wade
  • PlazAmericas
  • Sharpstown
Dec
21
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PlazAmericas Mall has a new owner, for the most part

Nancy Sarnoff reports in the Chronicle that the former Sharpstown Center, more recently known as PlazAmericas has been soldto Houston commercial real estate firm Baker Katz. Well, most of it has: The purchase, she writes “does not include any of
  • development deals
  • Houston landscape
  • Jason Baker
  • Kenneth Katz
  • Neal Wade
  • PlazAmericas
  • Sharpstown
  • swamplot
Dec
21
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Houston real estate developers acquire former Sharpstown mall

PlazAmericas, the former Sharpstown shopping center that has struggled to find its footing as regional malls have fallen out of shoppers’ favor, has a new owner that wants to turn around the property while maintaining the
  • Development
  • Houston Chronicle
  • Jason Baker
  • Kenneth Katz
  • Mall
  • PlazAmericas
  • Sharpstown
Dec
21
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Houston real estate firm buys former Sharpstown Mall

Houston’s oldest enclosed mall has a new owner. Houston-based commercial real estate firm Baker Katz bought PlazAmericas Mall, formerly known as Sharpstown Mall and Sharpstown Center, from Philadelphia-based RAIT Financial Trust (OTCQB: RASF), according to a
  • Development
  • Houston Business Journal
  • Jason Baker
  • Kenneth Katz
  • Mall
  • PlazAmericas
  • Sharpstown
Oct
30
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This Week’s Houston Deal Sheet

Amsterdam-based coworking company Spaces inked a 53K SF lease for the first three floors of Two Post Oak Central. This marks the second Spaces’ location in Houston, a market that is starting to pick up the pace
  • BisNow
  • property acquisitions
Oct
16
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This Week’s Houston Deal Sheet

Coming on the wave of an energy resurgence, one natural gas producer is expanding its footprint in Houston. BP Lower 48 inked a 91K SF lease at West Memorial Place at 15375 Memorial Drive in Houston. The company, wholly
  • BisNow
  • Neal Wade
  • renovations
  • Sale
Oct
10
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Baker Katz Completes Remodel, Sale of 52,744 SF Retail Center in Metro Houston

HUMBLE, TEXAS — Houston-based Baker Katz has completed the remodeling and sale of a 52,744-square-foot retail center in Humble, a northern suburb of Houston. The property is anchored by 24 Hour Fitness. Neal Wade of Baker
  • Humble
  • Neal Wade
  • Remodel
  • Sale
Nov
10
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Exclusive: New Washington Ave. redevelopment to include co-working space

A little over a year ago, two Houston-area developers scooped up an historic property on Washington Avenue with plans to renovate. Though the property’s vacant space hasn’t been leased yet, more details on the developers’ plans
  • Development
  • Jason Baker
  • Kenneth Katz
  • Washington Ave
Jul
12
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Baker Katz Acquires 22,000 SF Retail Property in Metro Houston

PASADENA, TEXAS — Houston-based retail brokerage firm Baker Katz has acquired a 22,000-square-foot retail asset located at the intersection of Fairmont Parkway and Beltway 8 in Pasadena. The property was 70 percent leased at the time
  • Pasadena
  • property acquisitions
  • RE Business Online
Mar
23
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Need For Restaurants Spurs Mall-Area Development

Citing the need for added restaurant options, in addition to boasting a steady and consistent neighborhood activity pace for three decades, a site has been deemed a viable match for development. And, no 80-year-old trees will
  • Globe St.
  • Jason Baker
  • Neal Wade
  • property acquisitions
Mar
23
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Houston brokerage closes on land at ‘dominant retail intersection’

Houston-based Baker Katz LLC plans to bring more retail to southeast Houston, a bustling corner of the city that boasts one of the city’s most successful shopping malls. The brokerage recently closed on roughly two acres
  • Houston Business Journal
  • Jason Baker
  • property acquisitions