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Company newsNewsTexas

Tuesday Morning Going Out of Business, Closing All Stores

by Hayden Spiess

Dallas — Dallas-based discount home goods retailer Tuesday Morning is going out of business and closing all of its stores. The company’s website lists a going-out-of-business sale where consumers can save up to 30 percent off all items. The retailer has about 200 stores remaining in 25 states. The news comes just one week after Bed Bath & Beyond’s announcement of its closure. Tuesday Morning struggled throughout the pandemic, filing for Chapter 11 bankruptcy protection in May 2020. At that time, the retailer shuttered about 230 of its 687 stores. …

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LeasingNewsTexas

Three Tenants Sign Leases Totaling 7,175 Square Feet at Plazas at Midtown II in Houston

by Hayden Spiess

Houston — Three tenants have signed leases at Plazas at Midtown II, a shopping center located in Houston. Dough Zone Dumpling House will open a 4,503-square-foot restaurant at the property, marking the brand’s first Texas location. Additionally, nightclub Clover has opened a 1,848-square-foot space, and Upscale Cleaners will open an 824-square-foot location. Fifth Corner is the landlord.

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DevelopmentMixed-useNewsTexas

Triten Real Estate Completes Redevelopment of 216,500-Square-Foot Mixed-Use Property in Dallas

by Hayden Spiess

Dallas —Triten Real Estate Partners has completed the redevelopment of Work/Shop, a mixed-use property in Dallas that features 135,000 square feet of office space and 81,500 square feet of retail, restaurant and entertainment space. Work/Shop also houses 30,000 square feet of open and green space with views of the Prestonwood Country Club. Renovations included updates to retail spaces, and CBRE has been tapped to lease the renovated office space.

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EntertainmentNewsTexas

Puttshack Opens 26,000-Square-Foot Entertainment Center in Downtown Houston

by Hayden Spiess

Houston — Puttshack has opened a 26,000-square-foot center at The Highlight at Houston Center, a retail and office complex located in the city’s downtown area. The venue offers four nine-hole minigolf courses, two bars serving craft cocktails and beers, a formal dining area and a private event space that can accommodate more than 100 guests. Brookfield Properties owns The Highlight, which also houses an Immersive Gamebox entertainment center.

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LeasingNewsTexas

LEVCOR Signs 4 Tenants to Post Oak Plaza in Houston

by Hayden Spiess

Houston — LEVCOR has signed four new tenants to Post Oak Plaza, a shopping center located in Houston. Restaurants Rakkan Ramen and Tacodeli will occupy 1,856 and 2,833 square feet, respectively. Additionally, Kohler will open a 4,038-square-foot kitchen and bath showroom, and Bassett Furniture will occupy 9,597 square feet. Previously announced tenants scheduled to open this year include Nando’s Peri Peri, Balboa Surf Club and Bosch/Thermador/Gaggenau.

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Matthews Brokers $20.1 Million Sale of Napa Auto Parts Portfolio

by Hayden Spiess

Los Angeles — Matthews Real Estate Investment Services has brokered the $20.1 million sale of a portfolio comprising 12 single-tenant retail properties. Located in Alabama, California, Florida, Georgia, Illinois, Mississippi, New York, North Carolina, Texas, Virginia and Washington, the properties are all occupied by Napa Auto Parts on a net-lease basis. Brandon Perez and Bill Pedersen of Matthews arranged the sale on behalf of the undisclosed limited liability company. A publicly traded REIT purchased the portfolio.

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DevelopmentGrocery-anchoredMixed-useNewsTexas

Russell Glen to Develop 50,000-Square-Foot Tom Thumb at Shops at RedBird in Dallas

by Hayden Spiess

Dallas — Russell Glen Co. will develop a 50,000-square-foot Tom Thumb at The Shops at RedBird, the mixed-use redevelopment of Southwest Center Mall in Dallas. Construction is scheduled to begin later this year, with the opening planned for summer 2024. Terrence Maiden of Russell Glen and co-developer and investor Peter Brodsky are leading the redevelopment of the property, which has included $250 million of investment to date. An additional 30,000 square feet of adjacent retail and restaurant space is under construction at the development.

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Company newsNewsTexas

EoS Fitness Acquires Texans Fit Chain, Including Five Metro Houston Locations

by Hayden Spiess

Dallas — Dallas-based brand EoS Fitness has acquired gym chain Texans Fit, taking over and rebranding five locations in metro Houston. This acquisition marks 75 open gyms for EoS, which opened its first Texas location in Euless in January. Services as the former Texans Fit gyms will continue uninterrupted, and all employees have been offered the option to continue their employment. Another location is scheduled to open in Spring, Texas, later this month.

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LeasingNewsRestaurantsTexas

Whitestone Inks Four Leases Totaling 26,818 Square Feet in Texas

by Hayden Spiess

Houston and Sugar Land, Texas — Whitestone REIT has signed four new tenants to four of its Texas properties. Together, the leases total 26,818 square feet. Dough Zone Dumpling House will open a 3,863 square foot restaurant at BLVD Place property, located in Houston, bringing the property to 99 percent occupancy. Lion Square and Town Park Plaza, also in Houston, will see the addition of KPOT and China King Express, respectively. Beginning in March, KPOT will open a 9,865-square-foot restaurant, and China King Express has signed a 1,727-square-foot lease, marking …

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Investment salesNewsTexas

SHOP Cos. Arranges Sales of Three Retail Centers Totaling 29,899 Square Feet in Texas

by Hayden Spiess

Aledo, Euless and Kaufman, Texas — SHOP Cos. has arranged the sale of three retail centers totaling 29,899 square feet in Texas. The first property, Aledo Retail Center, is located in Aledo, roughly 20 miles outside Fort Worth, and comprises 12,428 square feet. SHOP represented the seller, a Texas-based limited liability company. A private local investor acquired the center, which was fully leased at the time of sale. SHOP also represented the sellers of a three-tenant retail property and The Shops at Kings Fort, located in Euless and Kaufman, respectively. …

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