In The News

As the industry goes into a new hurricane season, retail property owners and tenants have had nearly a year to evaluate their responses to last year’s trio of hurricanes, which caused a record $202 billion in

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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

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

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

For real estate developers and investors, a time of transition and evolution within the retail world presents abundant opportunities to capitalize by acquiring and investing in underperforming spaces. With an infusion of capital, some strategic restructuring

Just when it seemed Mattress Firm’s growth had flattened, a South African company has swooped in to buy the Houston-based retailer for about $2.4 billion. Steinhoff International Holdings NV on Sunday announced it would pay $64

Retailers continue to expand in metro Houston, despite economic headwinds from the oil bust. Two years of a prolonged dip in energy prices have caused some areas of weakness in housing and auto sales, but retailers

LAKE JACKSON, TX—Sales tax income in Lake Jackson represents a population of more than 70,000, indicating the draw of retail shopping from the area. An example of that retail draw is the recent lease by ALDI,

Baker Katz has acquired a 12,000-square-foot retail building located on 40,000 square feet in the Timbergrove neighborhood of Houston. Texas supermarket chain Foodarama is the sole tenant at the property. The asset is located at 1805

Houston-based Baker Katz has redeveloped and fully leased a retail site in Beaumont, Texas. Baker Katz principal Kenneth Katz made the announcement. Baker Katz completely redeveloped the site, beginning with demolishing the previous building with an

Whole Foods Market is doubling its commitment to Houston’s Westchase district with a 40,000-square-foot store that is more than twice the size of the one it replaces. “This is really going to bring this area up,”

Retail has been the foundation of shopping centers throughout their existence, but new entertainment concepts are making inroads in traditional retail venues. Even in mixed-use venues, it is generally accepted that a critical mass of traditional

Houston-based Baker Katz LLC has joined the flock of commercial developers scooping up valuable assets at a fraction of their appraised cost. The retail brokerage purchased a 40,000-square-feet property containing a 12,000-square-foot building at 1805 Ella

For virtually everyone from shopping center executives and development professionals to retailers, financial companies and product and service providers, the annual RECon conference in Las Vegas is one of the highlights of the year. The International

Jeff Moats, age 36, Partner, Broker, The Shopping Center Group “I have the pleasure of working with a diverse portfolio of clients and develop­ing long-term relationships with them on both a personal and professional level. Looking

It is appropriate that Salt Lake City, Utah — a place that has been called “America’s Climbing City” — is home to an experiential retail concept that aims to be nothing less than America’s climbing gym:

Baker Katz purchased a property last year with plans to add new signage, update the parking lot and renovate the two buildings located near the cross streets of Farm to Market Road 1960 and West Lake

HOUSTON—Advance Auto Parts is soon to be located at the intersection of Farm to Market Road 1960 and Aldine Westfield Road. A 30,000-square-foot land parcel has been purchased along with a 7,000-square-foot lease put in place

HOUSTON — Houston-based Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, has purchased 30,000 square feet of land and completed a 7,000-square-foot lease on the property on behalf of Advance

Highlights of real estate activity in the Houston area: Dollar General will hold a grand opening of a new store at 15625 Aldine Westfield at 8 a.m. Saturday. The first 50 adult shoppers will receive a

The economy may be softening, but developers in 2016 are set to add more new space for Houstonians to buy groceries, sporting goods and sundries than in any year since the last recession. Driving the growth

HOUSTON—Houston-based Baker Katz, an X Team International partner, has sold a 2.12-acre property with an existing 13,000-square-foot office building located near the cross streets of U.S. Highway 59 N and West Little York Road in Houston. Baker Katz

Last year, the average shopper dropped $802.45 during the holiday season, according to the National Retail Federation. That’s supposed to rise this year, and Baker Katz founder Kenneth Katz expects Houston sales increases to beat the national

Several new tenants have brought the Four Corners Shopping Center to 90 percent occupancy, the latest indication that a $10 million overhaul of the center at a major intersection in Tomball is drawing tenants. Houston-based real

Houston-based Baker Katz has acquired a 4.5-acre property with plans to renovate two existing buildings totaling 33,000 square feet located near the cross streets of Farm to Market Road 1960 and West Lake Houston Parkway in

Houston-based Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced the acquisition of a 2.12-acre property with an existing 13,000-sq.-ft. office building located near the cross streets of U.S. Highway

It might seem counterintuitive to suggest that Houston, the nation’s fourth most populous city, is ever in danger of being overlooked, but the reality is that, for a long time, this rapidly growing Texas metropolis has

Look for the competitive local grocery scene, shaken in recent years by scrappy newcomers and established players alike, to be stirred further with the forecasted addition of more than 30 new stores in the coming year.

Space has been leased for Houston’s first-ever Snooze, an A.M. Eatery restaurant, commercial real estate firm Baker Katz announced. Snooze is a Denver-based restaurant chain founded in 2006. The restaurant brands itself as serving “creative twists”

Houston’s early risers are getting tasty incentives not to hit that snooze button. Snooze A.M. Eatery, a Denver-based breakfast and brunch restaurant, signed a lease in Montrose for a 3,723-square-foot building at 3217 Montrose Blvd., near

Snooze is opening its first breakfast eatery in Houston, and eating there will serve a good cause beyond filling your belly. The Denver-based company has committed to donating 1% of sales into the community through in-kind

During the past few years, the United States has leapfrogged into the top spot among the world’s oil and gas producers. The driving force has been the expansion of hydraulic fracturing technology, which has generated new

Baker Katz purchased Federal East Shopping Center and is preparing a significant renovation. The 106k SF shopping center is just off I-10 in east Houston. Baker Katz development partner Neal Wade led the acquisition and says

Houston retail firm Baker Katz has made another eastside acquisition with the purchase of Federal East Shopping Center 9 miles east of downtown. “This highly visible property has been underutilized and is well-suited for redevelopment,” the company’s

Natural Pawz just opened its 16th Houston location, and it’s continuing its growth plans both locally and (for the first time) outside of Houston. Baker Katz’s Ben Brown is repping the company and tells us it

Ted Mandel calls himself a “city boy at heart” even though he lives in suburban Kingwood, 30 miles from downtown. He arrived decades ago via New York City and Los Angeles, drawn by the reputation of

A visitor to RECon this week could tour real estate markets around the country without ever setting foot outside the Las Vegas Convention Center. Amid the customary whirl of dealmaking, educational sessions and social events, some

Sales Office JEKA Ventures has purchased the Gateway Building, a recently constructed three-story building with 23,051 square feet at 26865 Interstate 45 in Spring. Lisa Hughes of the J. Beard Real Estate Co. represented the seller,

Hispanic incomes are soaring, leading more developers and retailers to target the burgeoning ethnic group. Arturo Sneider, co-founding partner and CEO of Los Angeles–based Primestor Development, recalls a time when shopping centers that focused on Latinos

Houston-based Baker Katz, in collaboration with Lovett Commercial, has completed the sale of a 13,013-square-foot retail property in Houston. The building, currently occupied by a CVS Pharmacy, rests on over one acre located at 15411 Wallisville

Baker Katz has completed the renovation of a 90,000-square-foot retail center in Port Arthur. Located at the corner of Highway 69 and FM 365, Baker Katz transformed the single-tenant building into a multi-tenant center, with interior and exterior property renovations as well as added

The grocery sector is as hot as it has ever been in Texas, with several competitors looking to gain a larger market share in the Lone Star State. As the state’s population and economy continue to expand, companies working to meet the

Houston-based Baker Katz has acquired the 30,000-square- foot former Baytown Seafood restaurant in Houston. The property is located at the intersection of I-10 East and Haden Road. Baker Katz plans to demolish the current build- ing

Co-authored by X Team International partners Julie Solomon of Atlanta-based The Trilogy Group, LLC; James McCandless and Herb Heiserman of Washington, D.C.-based Streetsense; David Larson of Denver-based Legend Retail Group; and Jason Baker of Houston-based Baker

Fiesta Mart, founded in Houston four decades ago to cater to Hispanic grocery shoppers, has had to fight for market share in recent years amid fierce competition for those same customers. Now, in a deal that could

Trader Joe’s is planning to open its fifth Houston location at 11683 Westheimer Road, the Houston Business Journal learned, which will bring the grocer into an area that’s already heavily dotted with big-name grocery chains. The

Working with municipalities to seal retail deals is a win-win for many retailers and cities. By X Team International Partners David Larson and Kenneth Katz   The ability to work closely and collaboratively with cities and

Houston-based Baker Katz has acquired the Baytown Seafood restaurant in east Houston and plans to replace it with a new shopping center. “It’s a site that we have had our eye on for years,” said Kenneth

Ben Brown has joined Baker Katz as a commercial real estate broker. Brown previously oversaw leasing, represented several retailers and sourced development opportunities as the executive vice president of Retail Properties Group. His career also includes

Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced the acquisition of the former Baytown Seafood establishment situated on 30,000 sq. ft. of land in Houston. The property is located

Houston’s ongoing retail development evolution is evident in new leasing trends and patterns of urban infill The story of Houston, Texas has added some exciting new chapters in recent years. With low unemployment, a booming economy and one

Houston’s Hispanic population is at the heart of the city’s retail evolution. The second of a three part series. A city with a booming population, one of the nation’s lowest unemployment figures, and an expanding presence

HOUSTON–Baker Katz, a full-service commercial real estate brokerage firm that provides tenant representation, project development, and leasing and investment services in Houston, has completed the lease of a 40,000-square-foot Dave & Buster’s in Friendswood thanks to

Baker Katz Begins Construction on 7,600 SF Retail Center TOMBALL, TEXAS — Houston-based Baker Katz has begun construction on the company’s retail center in Tomball, approximately 33 miles northwest of Houston. The property, which was purchased

Retail development amidst the ongoing emergence of an iconic national city The first of a three-part exclusive series To the extent that it can be said about the nation’s fourth most populous city, Houston has been

Mattress One is exploding through the Houston metro; Baker Katz’s Clay Albers inked 16 leases totaling 60k SF here in the first half of this year alone. Clay tells us the brand entered the Texas market (beginning

The retail real estate industry has new decision-making tools, but harder choices By Kenneth Katz and Jeff Green Back in January, we looked at the role big data is playing in providing retailers with more tools

By Jason Baker & Dave Chetham Toward the end of 2008, it became painstakingly obvious to retailers that impulse spending was out and frugal saving was in. Faced with an imminent recession, staggering job loss and quickly

Baker Katz Buys 4 Properties in Houston Metro Area Houston, Texas — Baker Katz has acquired four retail properties throughout the greater Houston area — in the neighboring cities of Port Arthur, Lake Jackson, Beaumont and