Houston, Mont Belvieu and Richmond, Texas — David Littwitz of Littwitz Investments has arranged three restaurant leases totaling 8,733 square feet in Texas. Blue Tuba Euro-Tex Cuisine has signed a 5,141-square-foot lease at the Harold’s Heights retail building in Houston. Additionally, Beaky’s Hot Chicken will open a 2,436-square-foot restaurant at a shopping center currently underway in Mont Belvieu, and Cinnaholic Gourmet Cinnamon Rolls will occupy 1,156 square feet at Waterview Town Center in Richmond. Littwitz represented the tenants in the leasing negotiations.
Tomball, Texas — NewQuest Properties is underway on the development of a $90 million retail center in Tomball, roughly 35 miles outside Houston. Dubbed The Grand at 249, the property will total 404,256 square feet upon completion, including two multi-tenant buildings and 12 pad sites. Tenants at the center will include AT&T, Boomer Jack’s, Gringo’s, Jersey Mike’s, Milano Nails and Two Pho Nine Asian Fusion. Andrew Alvis and Davis Meyers are handling leasing at the development. Openings at the project are scheduled to begin this month.
Euless, Texas — STRIVE has arranged the sale of Euless Town Center, a 239,610-square-foot shopping center located in the Dallas-Fort Worth suburb of Euless. Ross Dress for Less and Aldi anchor the property. Other tenants include iT’Z Family Food and Fun, Dirt Cheap, SKECHERS, Sally Beauty, Mid-Cities Animal Urgent Care and Ichiban Buffet. Hudson Lambert and Jennifer Pierson of STRIVE represented the seller, a California-based investor, in the transaction.
Lewisville, Texas — Planet Fitness has signed a 20,105-square-foot lease at Vista Ridge Plaza, a retail center located in Lewisville, roughly 30 miles outside Dallas. Other tenants at the property include Harbor Freight, McAlister’s Deli and Smoothie King. Oliver Willman, Baylor Worman, Grayson Duyck and William Carr of Matthews Real Estate Investment Services represented the landlord in the leasing negotiations.
Plano, Texas — Triten Real Estate Partners has completed the office and retail portions of Assembly Park, the redevelopment of Market Square Mall in Plano. Located along Central Expressway and Spring Creek Parkway, the project features 180,000 square feet of creative office space, 17,000 square feet of walkable retail and dining space, a park and hiking and biking trails. Additionally, Triten is set to complete The Annabel, Assembly Park’s multifamily development, in December. The Class A apartment community features one, two- and three-bedroom units with rentable garages and storage units. …
Galleria, Liberty and Magnolia, Texas — Baker Katz has arranged three leases totaling 7,673 square feet in Texas on behalf of T-Mobile. The tenant will occupy 2,000 square feet and 3,339 square feet in Magnolia and Galleria, respectively, beginning in the first quarter of next year. Additionally, T-Mobile has opened a 2,334-square-foot store in Liberty. Jonathan Aron of Hunington Properties represented the landlord in the leasing negotiations in Liberty, and Court Richardson of Ironbridge represented the landlord in the Magnolia lease. Bunny McLeod of Wulfe represented the ownership of Golden Plaza, …
Katy, Texas — SRS Real Estate Partners has arranged the $14.6 million sale of a 55,000-square-foot retail building in the Houston suburb of Katy. Kohl’s occupies the property, which is currently under construction, on a triple-net-lease basis. Matthew Mousavi and Patrick Luther of SRS represented the seller and procured the buyer, which acquired the asset via a 1031 exchange.
Arlington, Texas — CBRE has arranged the sale of Cooper Street Plaza, a 91,856-square-foot shopping center in Arlington. The center was 97.5 percent leased at the time of sale. K&G Mens Co. and Office Max anchor the property. Other tenants include Black Rifle Coffee, UPS, State Farm Insurance and Ninja Sushi. Jared Aubrey and Michael Austry of CBRE represented the seller, an undisclosed Texas-based REIT, in the transaction. The buyer was Vista Property Co.
Spring, Texas — Wu Property Management has purchased Cypresswood Court Shopping Center, a 103,047-square-foot retail property located in the Houston suburb of Spring. Target, Best Buy and dd’s DISCOUNTS are the anchor tenants at the center, which was built on 11.3 acres in 1985, according to LoopNet Inc. Wu Property Management has appointed Sturbridge Commercial as the leasing agent.
Richmond, Texas — Beverage concept SWIG has signed a 19,161-square-foot lease at Grand at Aliana, a retail center located in Richmond. NewQuest Properties is the landlord. Josh Friedlander and David Meyers represented NewQuest on an internal basis in the leasing negotiations. Jeff Hayes and Travis Waltmon of Palo Duro Commercial Partners represented the tenant.