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.

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

rtic cypress open

Nov 15

Rtic, expanding beyond coolers, opens flagship store in...

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 mar...

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

Sears Marquee

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 ...

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

Sep 14

One Year After Hurricane Harvey

Houston developers wrestle with complex regulatory issues in the 100- and 500-year floodplains. By Kenneth Katz & Neal Wade of Baker Katz The Houston metropolitan area was hit particularly hard by Hurricane Harvey, with a tropical

Sep 1

How To Weather Hurricane Season

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

Aug 21

Whole Foods 365 store a ‘strong statement’ ...

For decades, Mardie Paige drove 10 minutes out of her neighborhood to shop at Kroger stores in nearby Heights and Oak Forest. There were no major grocery stores in the traditionally African-American neighborhood off the North Loop,

Aug 20

What Did Houston CRE Learn From Hurricane Harvey? Indus...

Nearly a year ago, Hurricane Harvey devastated Houston-area residents with historic flooding. Houston Strong, the city’s rallying cry for recovery efforts, held true through the year since Harvey hit Texan land on Aug. 26, 2017. The city

Aug 16

Retail wrap: Buff Burger, Sweet Paris, Russo’s NY...

BuffBurger, a burger restaurant launched by Paul and Sara Burden in 2015, plans to open a location this fall in the CityWest Retail Center, 10550 Westheimer, in west Houston. Other locations are at 1014 Wirt Road

Jul 23

Development near Baybrook Mall snags 4 restaurant lease...

Several restaurant chains are heading out to southeast Houston near Baybrook Mall. Hopdoddy Burger Bar, Snooze, an A.M. Eatery, Mod Pizza and Main Squeeze Juice Co. inked leases at a new shopping center at 820 Bay

Jul 10

Discounting new discount concepts

With off-price player like Marshalls, T.J. Maxx, and Ross Stores entrenched as favored anchors for shopping centers, traditional anchors like Macy’s are finding it harder than they imagined to get in on the act. There’s more

Jul 2

American Furniture Warehouse buys sites for initial Tex...

Colorado-based American Furniture Warehouse has purchased land in Katy and Webster for its entry into the Texas market. Houston-based Baker Katz represented American Furniture Warehouse in the transactions. “We worked diligently to secure high-profile sites within super

Jun 18

Baker Katz Signs Republic Chicken to New Lease in Beaum...

BEAUMONT, TEXAS — Houston-based Baker Katz has signed Republic Chicken, a family-style restaurant serving Southern comfort food, to a new lease in Beaumont. Located at the corner of Interstate 10 and U.S. Highway 96, the new

Jun 15

Why the massive gyms? It takes a ‘village of health...

Luxury athletic clubs in the Houston area are bulking up in size and amenities, part of a national trend to capture the growth in fitness spending. Life Time just opened one of the region’s largest gyms,

Jun 6

Pet Supplies Plus signs lease at former Quiltworks loca...

Officials with the retail brokerage firm Baker Katz announced Pet Supplies Plus has signed a 10-year lease at 9431 Jones Road, Houston, the former location of Quiltworks. The 7,500-square-foot location will offer pet food, supplies and toys