Categories for Development

Feb 4

Baker Katz sells retail development near Baybrook Mall

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 …

Oct 18

Brenham Shopping Center Developers Say Project Progressing Nicely

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, …

Sep 26

Shopping Center Developers say talks with Retailers going well

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 …

Dec 25

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 …

Dec 21

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. …

Dec 21

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 …

Dec 21

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 …

Dec 21

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 …

Dec 21

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 …

Oct 30

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 …

Nov 10

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 …

Houston retail brokerage expands leasing, development team

Houston-based Baker Katz, a retail brokerage, recently recruited two real estate specialists, one of whom will focus on build-to-suit developments. John Frazier and Matt Reese joined Baker Katz in early September, the firm announced in a …

Sep26

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Sep 26

This Week’s Houston Deal Sheet

The largest retail development in the Houston area is getting a residential infusion. In addition to 1.5M SF of retail, a 10,000-seat amphitheater and high school football stadium, Valley Ranch Town Center will soon be home …

Jun 20

Are Mid-Level Retailers In Trouble?

According to Jason Baker, principal with Houston-based retail brokerage Baker Katz, mid-level retailers that don’t offer a unique or private label product are going to get hurt more and more in the near future. by Natalie …

Jun 12

Houston to be a part of Aldi’s nationwide expansion plans

Discount chain is eager to expand beyond its Midwestern stronghold, and its local growth has been speedy By Dylan Baddour Grocery discounter Aldi will invest $3.4 billion to expand its U.S. presence by 900 stores in …

May 29

Online Conundrum

Landlords and tenants grapple with how to calculate rents based on omni-channel sales By Joel Groover What would happen if a basic question in the shopping center business – exactly how much  money a store makes …

May 14

Amazon Effect

Retailers are positioning themselves as the online giant’s brick-and-mortar ambitions unfold By Joel Groover Speculation about the real estate role of Amazon.com is growing as more information emerges about its closely held plans for U.S. stores. …

Apr 28

Opportunities for construction lending

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 …

Mar 8

Exclusive: See a Houston developer’s latest plans for a two-story Heights retail project Houston Business Journal

Braun Enterprises, an inner-Loop developer best known for its retail projects, is planning an ambitious two-story ground-up retail development at Shepherd Drive and West 24th Street in the Heights. The Houston-based company will build a 24,000-square-foot …

Feb 13

Houston Developers: Not All Adaptive Reuse Projects Created Equal Houston Business Journal

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 …

Oct 10

PA New Retail Intersection Nearing Completion Port Arthur News

The signs are going up at the intersection of U.S. 69 and FM 365, signaling a retail development months in the making is getting close to completion. In February, Houston-based developer Baker-Katz announced an expansion to …

Apr 9

Why Hispanics Are A Key Market In Houston’s Grocery Wars Houston Business Journal

If Houston retailers are going to survive the grocery store wars over the next five years, they need to start marketing and catering more to the Hispanic population, says an industry expert. In the past 14 …

Apr 3

Expert: Hispanic Consumers Should Be Houston Grocers’ Target SmartBrief

Houston retailers should target the growing Hispanic consumer population over the next five years to boost their competitiveness, minding details such as shelf height, music and other things that go beyond product selection and advertising, says …