Tag : Kenneth Katz

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

BakerKatz acquires Sharpstown Mall

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.

Cover photo of National Real Estate Investor article

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

BakerKatz acquires Sharpstown Mall

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

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

Jan 30

A Retail Recalibration Throughout Houston

For retail tenants and developers alike, Houston’s Space City moniker could easily be interpreted as a kind of tongue-in-cheek double meaning, mainly because space is one thing Houston always has plenty of. Commercial developers have taken

Jan 22

Amazon Opens Prototype 1,800 SF Checkout-Free Grocery Store in Seattle

SEATTLE — Amazon.com Inc. (NASDAQ: AMZN) has opened the first location of Amazon Go, an 1,800-square-foot mini grocery store in Seattle that allows customers to shop without waiting in checkout lines. The store was open exclusively

Dec 29

Here are the Houston-area stores HEB plans to open in 2018

It’s been a year of growth for San Antonio-based H-E-B Grocery Co. in Houston, and 2018 will be no different. In 2017, the company opened two locations and a Joe V’s concept in the greater Houston

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

Aug 30

Digital Distraction: E-Commerce Myths & Realities

As the line between click-and-order and brick-and-mortar continues to blur, our preoccupation with the impact of online retail misses the point, an industry veteran contends. The narrative is so well established that even those outside the

May 26

Total Wine flexes muscle in Houston’s spirited spirits battle

By Andrea Rumbaugh Total Wine & More is taking over two Houston-area Goody Goody liquor stores as the Maryland-based company continues its aggressive growth and goes head-to-head with local stalwart Spec’s. Goody Goody spokesman Armando Gonzalez

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

Nov 4

Here’s where Houston stands as a national retail market Houston Business Journal

The closure, bankruptcy or downsizing of several national, big box retailers has driven home the importance of retailers maintaining strong online and brick-and-mortar presences. And a recent report from FTI Consulting attempts to identify the overall

Jul 13

Houston retail real estate remains hot despite regional chill Houston Chronicle

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

Jul 12

Sales Tax Income Indicates Draw Of Lake Jackson Retail Globe St.

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,

Mar 25

National retailers bet on east Houston Houston Business Journal

Throughout the energy slump, retail’s remained relatively hardy. There’s still heaps of activity going on throughout Houston — take the national anchor tenant that just signed on to a 40-acre Cinco Ranch retail project or the Grand