Categories for News

Aug 18

9AM Drive-thru school supply distribution

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 …

Aug 16

Helping schoolkids – from a distance

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

Aug 16

The Alliance Back to School Drive 2020 – Recap

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 …

Aug 16

VIETV The Alliance Back to School Drive Thru

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

Aug 13

The pandemic is forcing stores to close, and limiting choices for consumers

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, …

Jun 2

Amid COVID-19, Texas Retail Owners Have Tenants’ Backs

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

Major Houston-area malls will reopen today

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 …

Apr 21

Communication technologies put to work during COVID-19

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 …

Mar 27

COVID-19: Collaboration and communications among retail real estate stakeholders

“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 …

Feb 14

Sears reportedly to close two more Houston-area stores

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 …

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 …

Jan 3

Behind the deal: Houston’s growth brought this furniture retailer to town

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, …

Jan 3

American Furniture Warehouse buys land for Conroe store

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 …

Jan 2

Furniture retailer buys third massive tract for another Houston-area store

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, …

Oct 8

5Qs for Jason Baker about Houston

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 …

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 …

Sep 17

Academy Sports unveils new store prototype amid growing competition

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. …

Sep 6

Retail wrap: Bellaire Town Center draws restaurants, fitness, beauty tenants

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, …

Aug 30

Restaurant roundup: California sandwich shop, latest Goodnight Hospitality restaurant, swim club and bar open

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 10

A Closer Look at What Retail’s Future Might Have in Store

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 …

Apr 22

Experts Talk RECon; New Emerging Concepts and Power Centers

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 …

Apr 12

HBJ’s 2019 Landmark Awards: Land Deal winner and finalists

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 …

Feb 2

Big Gains For Small Shops

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, …

Feb 1

New H-E-B In The Heights To Improve Shepherd Drive’s Appeal

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 …

Dec 29

Food, Beverage Users Drive Retail Markets

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 …

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 …

Nov 16

Nimble reboot

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 …

Nov 16

Retail wrap: Mendocino Farms, Popbar, Olive Garden add area locations

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 …

Nov 15

Rtic, expanding beyond coolers, opens flagship store in Cypress

Rtic Outdoors has designed a flagship store that’s just begging to be Instagramed. Customers are greeted by a 24-foot “R” inlaid with a polar bear, the company’s logo. A Ford F-150 truck, displaying coolers, is parked …

Nov 13

This Week’s Houston Deal Sheet

HighTower Texas signed a 16K SF lease for its headquarters to 4400 Post Oak Parkway in Houston. The wealth management firm committed to an eight-year lease to occupy the 26th floor and plans on expanding services in Houston. HighTower Texas …

Oct 30

Randalls continues retreat from competitive grocery market

The Houston grocery chain Randalls will shutter three more local stores by year’s end as the company continues to struggle in the region’s hyper-competitive market. Randalls, a unit of the national supermarket company Albertsons, said Tuesday …

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 …

Oct 16

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 …

Oct 15

American retail icon Sears files bankruptcy

Sears, an icon of American retail for more than a century, filed for bankruptcy protection early Monday morning, the latest casualty of the headwinds facing brick-and-mortar retailers. The embattled department store chain, once the world’s largest, …

Oct 10

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 …