In The News

After 68 years serving the West Texas city of San Angelo, the independent drugstore Medical Arts Pharmacy filled its last prescriptions and said goodbye to customers for the final time on Jan. 31. Owner Bryan Abernathy

As chains like Big Lots, Joann and Party City pursue bankruptcy, real estate executives from Burlington to Planet Fitness and Barnes & Noble are champing at the bit to take their empty spaces. 2024 was a

An excess of retail space pre-COVID yielded to a dearth of it. Now, the industry has finally started a measured march to equilibrium. Forecasts show a small uptick in new retail construction planned for 2025 and

For the past 20 years, Jason Baker has helped retailers the likes of Darden Restaurants, Cava, and Fox Restaurant Concepts expand in the Houston metro. Like many retail real estate brokers, a good part of his

Frank Sharp celebrated the opening of Sharpstown Center, Houston’s first enclosed air-conditional mall, on this day in 1961 with a crowd of 8,000 and a speech by Ted Kennedy, the brother of the then-president. Sharp, who

KDC has promoted Eric Hage to president. Going forward, Hage, along with KDC Chief Investment Officer Scott Ozymy and Chief Financial Officer Mike Kaufman, will form a new KDC Management Operating Committee to oversee all day-to-day

Lee & Associates acquires Commercial Resource Capital in Houston Triten Real Estate Partners hired industry veteran Carter Bechtol as partner and head of Triten Residential. He will oversee the firms’ multifamily holdings, including sourcing developments and

NewQuest has selected Piada Italian Street Food to fill the last of its built space in Grand Morton Town Center — a highly prized end cap that’s clearly visible from the Grand Parkway in Fort Bend

• Dallas-based MYCON General Contractors, Inc. (MYCON) has added Steven Wood as Business Development Manager. Wood will oversee the company’s Special Projects pursuits, primarily focused on programmatic renovation projects. Wood joined MYCON as a Senior Project

By Maddy McCarty — HOUSTON, TX Standard Real Estate Investments is making an equity investment to develop Veterans Memorial Business Park, a 463K SF industrial park, in partnership with Investment & Development Ventures. The infill is

Houston-based Baker Katz, a full-service commercial real estate brokerage firm specializing in retail tenant representation, investment sales, and project development and leasing, has welcomed Jack Moody as a Director of Acquisitions. “Baker Katz has a distinguished

Goldman Sachs’ newly originated loan on the retail component of 680 Madison Avenue in New York demonstrates the changing opportunity set for the sector. The fortunes of the retail sector appear to be rising, with lenders

The Aspen Dental building in North Park Plaza serves as an “appetizer” for the plaza’s upcoming revamp. The upgrades come several months after anchor tenant Target finished its own revamp. While Target owns its store in

Today’s ground-up open-air projects differ from those of earlier eras. The changes — including ramping up outparcel tenants, focusing less on big-box anchors and adding spacious lawns, plazas and patios — offer a glimpse into the

LAS VEGAS — The Houston retail market has been strong for years now and consumers in Houston — like many parts of the country — are very resilient. As a result, Jason Baker, principal with Houston-based

HOUSTON — Fast-casual concept Salad and Go has inked three new leases in metro Houston. The drive-thru-only company will open restaurants at a 44,431-square-foot property in Magnolia and a 30,000-square-foot property in Cypress, as well as in

Houston — Fast-casual concept Salad and Go has signed four new leases in Texas. The brand will open restaurants at a 44,431-square-foot property in Magnolia and a 30,000-square-foot property in Cypress. Danny Miller of Gulf Coast Commercial

Fresh, healthy, and affordable food options are seeing a boost in Cypress, as Salad and Go readies to open its doors in mid-summer 2024. The fast-casual, drive-thru-only retailer, known for its nutritious food at affordable prices,

NewQuest Properties is ushering in a new wave of development at Townwest Commons in northeast Austin, with plans in the works to add 100,000 sf of entertainment, retail and restaurant space in 2024. Construction will ramp

MISSOURI CITY, Texas — EōS Fitness has signed a 40,000-square-foot lease at Fort Bend Town Center, a 144-acre retail development by NewQuest Properties in Missouri City, about 20 miles southwest of Houston. Jason Baker of Baker

Missouri City, Texas — Two new tenants have signed leases at Fort Bend Town Center, a multip-phase, 144-acre retail project currently underway by Newquest Properties in Missouri City, roughly 20 miles outside Houston. EōS Fitness will

EoS Fitness and CoCo Bella Beauty Supply are joining the line-up in NewQuest Properties’ Fort Bend Town Center, where construction has just begun on a new Metro station amid ongoing store openings in the massive life-essential development. EoS has

Audubon Engineering Co., an engineering, procurement and construction services firm, signed a 72K SF lease at 3505 West Sam Houston Parkway N in Houston for its primary corporate office. Built in 2013, 3505 West Sam Houston

Weaver, a national accounting firm based in Houston leased, 11,000 square feet in One Hughes Landing Blvd. in The Woodlands. Scott Morse and Katherine Jessen of Dallas-based Citadel Partners represented the tenant. Jillian Fredericks and Norm

T-Mobile has leased 2,000 square feet of space to open a new store in Magnolia at FM 1488 and Spur 149, according to an Oct. 2 news release from commercial real estate firm Baker Katz. The

Throughout the month of August and through the first week of September, Connect CRE is running a series title “Leading in Tough Times.” We’ve asked leaders around the U.S. and across the commercial real estate spectrum

Sparkle Asset Management has sold Coral Cay Apartments, a 109-unit multifamily property, to SPV Property Management. Built in 1970, the property at 1234 Nile Dr. has an average unit size of 955 sf and was 97

Every month, we reach out to retail industry leaders in order to gain their perspective on the market. This month, we asked: Which types of retailers/restaurants do you think will be prioritized by consumers in the

A new location of Pet Supplies Plus is coming soon to the southeast corner of Fry Road and Tuckerton Road in Cypress. The franchise is expected to open in the second quarter of 2024, according to

H-E-B Wellness Primary Care Clinic to open in Katy Texas’ largest food retailer is offering comprehensive wellness and nutrition services to its Houston-area H-E-B customers and their families in Katy and Cypress. The Katy location will

HOUSTON — Baker Katz has arranged three retail leases totaling 19,050 square feet for Pet Supplies Plus in metro Houston. The pet care brand will occupy 6,000 square feet in the northern suburb of Conroe beginning

Baylor College of Medicine unveiled plans for the Lillie and Roy Cullen Tower, a 503,000-square-foot education building near Cambridge and Old Spanish Trail. Designed by the S/L/A/M Collaborative architecture firm, the 11-story tower marks the first

The growing appeal and prevalence of fixed CAM. At a time when so much of the retail industry is changing in very visible and sometimes dramatic ways in response to post-pandemic pressures and opportunities, one of

Few retail landlords like the idea of vacant space in their centers. But sometimes a tenant defaults or vacates early, leaving behind dark space. One way to avoid this is when the tenant turns into a

Woodside, a Fort Worth-based real estate fund manager, bought 12012 Wickchester, a 110,000-square-foot office building on 3.7 acres in the Energy Corridor. Marty Hogan and Kevin McConn of JLL Capital Markets represented the seller, CapRidge Partners.

Someburger, a hamburger restaurant with locations in Baytown and the Heights, is expanding to Mont Belvieu. Somerealty purchased a 0.75-acre site on the northeast corner of Langston Drive and Edgeton Avenue in Mont Belvieu for the

Inflationary pressures are altering the retail development landscape It is not exactly breaking news to point out that inflation was one of the biggest economic storylines of 2022. At one point over the summer, the 12-month

The pandemic was supposed to kill brick-and-mortar retail, which had struggled for years against online competitors. As stores shuttered and malls emptied, online shopping only became more entrenched, and customers only more accustomed to clicking, buying

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

Houston is big and getting bigger, says one of the top retail real estate brokers in the market. Retailers looking to expand in the Lone Star State think Dallas first. The rampant corporate and residential expansion

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

Lazy Dog Restaurant & Bar, a chain patterned after a Rocky Mountain lodge serving comfort food, handcrafted cocktails and craft beers, is expanding in the Houston area. After opening in Cypress in 2019, the restaurant announce

It’s been a busy week for Restaurant Roundup, with new concepts entering Houston as well as local favorites and recent newcomers expanding. Lazy Dog Restaurant & Bar expanding in Houston area California-based Lazy Dog Restaurant &

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

The COVID-19 pandemic has reshaped the commercial real estate landscape, and retail has been no exception. Over the past two years, Americans have flocked to rural and suburban communities on the outskirts of major cities, seeking

Brenham Building Permits for the month of February are ahead of last year both in the number of permits issued and the dollar total of them. A total of 47 permits were issued by the city

HOUSTON — Northern Tool + Equipment has signed a lease to open a 31,000-square-foot store at Woodforest Shopping Center in East Houston. Shawn Ackerman and Jason Du of Henry S. Miller Brokerage represented the undisclosed landlord in

The Covid-19 pandemic has continued to be a challenge for the restaurant industry. Omicron, the most recent strain of the virus, has been the latest threat to restaurants due to high transmissibility resulting in an explosion

In advance of today’s big ICSC Here We Go 2021 conference, GlobeSt.com caught up with a few attendees on what they look forward to at this year’s live event. LAS VEGAS — “I’m Thrilled to have

Bluestone Lane, an Australian-inspired coffee roaster and neighborhood café base din New York, leased a 4,400-square-foot building at 115 W. 19th St. in the Heights neighborhood for its first Texas location. The building, now owned by

Houston-based Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm specializing in retail tenant representation, investment sales, project deveopment and leasing, announced that they have completed recent deals for six storefront

By Steve McLinden, Contributor | Commerce + Communities TodayOctober 15, 2021 The first fully air conditioned mall in Houston has a new kind of cool. The 60-year-old PlazAmericas, one of the city’s first fortress malls is

By Josh Blaschke Construction at the site of the Baker Katz shopping center in Brenham is proceeding on schedule. Baker Katz co-founder Kenneth Katz said work is progressing nicely at the development, located on 35 acres

Phenix Salon Suites leased 7,500 square feet in Gateway Memorial City, at 947 Gessner, from MetroNational. It will be the second location for franchisees Greg and Susan Gordillo after opening in Katy in 2019. The business

Bel Furniture has purchased the former location of Star Furniture. Officials with Baker Katz, a Houston-based commercial real estate brokerage firm, announced July 26 that Bel Furniture purchased the former Star Furniture located at 7111 FM

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

Not much has changed – yet – on the mask front for retailers, many of which were re-evaluating their mask policies on Friday, a day after the Centers for Disease Control and Prevention eased its guidelines.

Houston-based Baker Katz announced expansions for several restaurants. Chipotle, represented by Traci Holman of Baker Katz, signed leases at 4045 Little York Road in Houston, 2555 East League City Parkway in League City and at Interstate

Seventy-foot spaceships and intergalactic tunnels now occupy a 40,000-square-foot space in Village at the West Oaks that once housed shelves brimming with bedding and home goods. Gone is traditional big-box retailer Bed Bath and Beyond, and

While the pandemic has made it impossible for some retailers to stay in business, a new report suggests tens of thousands of retailers could disappear in the coming years. The problem, according to investment bank UBS,

(Cover Photo: Carl Carlock, left, goes through the order line at Cleburne Cafeteria on Thursday, March 18, 2021 in Houston. The Restaurant has seen an increase in business by about 20 percent over the last month.)

HOUSTON – As oil prices inch back up from a terrible year, and Covid vaccines offer hope that the pandemic will be beaten, Houston’s commercial real estate business is far from recovered. The city has more

Charming Charlie, a women’s apparel and fashion accessories chain retailer, announced plans to open 14 locations in March and April in Texas, California, New York and the Midwest. The openings include stores to open March 12

BRENHAM, TEXAS — Houston-based development and leasing firm Baker Katz has broken ground on Brenham Crossing, a 163,518-square-foot retail project in Brenham, located about 75 miles northwest of Houston. Baker Katz is developing the property, which

Brenham, Texas — Baker Katz has broken ground on Brenham Crossing, a 50-acre retail development located at the southwest corners of Highway 290 and Chappell Hill Road in Brenham. Five retailers are sset to open within

Baker Katz, a full-service commercial real estate brokerage firm specializing in retail tenant representation, investment sales, project development and leasing, partnered with the City of Brenham to host a groundbreaking ceremony today to celebrate the construction

A milestone years in the making was accomplished today (Monday) for the Baker Katz shopping center project in Brenham. Representatives from the City of Brenham and Washington County met this morning with Baker Katz and Arch-Con

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

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

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

VIETV Coverage of The Alliance & PlazAmericas Back to School Drive-Thru event on August 18. Watch the Coverage Here

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,

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

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

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

“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

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

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

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,

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

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,

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

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

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.

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,

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,

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

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

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

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,

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

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

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

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.

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

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

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

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

Lidl is tweaking its U.S. expansion strategy – By Beth Mattson-Teig   It has been nearly 18 months since German grocery giant Lidl opened its first U.S. stores and boldly announced plans to have about 100

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