Texas

Pet-Supplies-Plus
LeasingNewsTexas

Baker Katz Arranges Three Pet Supplies Plus Leases Totaling 19,050 Square Feet in Metro Houston

by Hayden Spiess

Conroe, Cypress and Katy, Texas — Baker Katz has arranged three Pet Supplies Plus leases totaling 19,050 square feet in metro Houston. The pet care brand will occupy 6,000 square feet in in Conroe, Texas, beginning in the fourth quarter of this year. Additionally, Pet Supplies Plus will open a 5,550-square-foot space in Cypress and a 7,500-square-foot space in North Katy in the second quarter of next year. Brett Levinson of Main Street Commercial Partners represented the landlords in the Conroe and Katy leasing negotiations. Brad Kilbride of Retail Leasing represented …

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Investment salesNewsTexas

Cypressbrook Arranges Sale of 25,441-Square-Foot Shopping Center in Houston

by Hayden Spiess

Houston — Locally based brokerage firm Cypressbrook Co. has arranged the sale of Richmond Design Center, a 25,441-square-foot shopping center in Houston. According to LoopNet Inc., the property was built on 1.6 acres in 1958 and renovated in 2003. John Hornbuckle of Cypressbrook Co. and Rick Hazard of Realty Services Group represented the seller, America Equifinance Corp., in the transaction. Joe Foty of The Blue Ox Group represented the buyer, HRD Interests.

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Foxtrot
DevelopmentLeasingNewsTexas

Foxtrot to Open 6,000-Square-Foot Store and Café in Austin, Texas

by Hayden Spiess

Austin, Texas — Foxtrot has announced that it will open a 6,000-square-foot store and café in Austin, marking the largest location for the brand and the second in the city. Scheduled to open June 5 at a property formerly occupied by an auto repair shop and grocer, the space will include a covered indoor-outdoor patio. Foxtrot currently operates 27 locations in Chicago; Washington, D.C.; Dallas and Austin, with plans for a third opening in Austin. 

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LeasingNewsTexas

Three Tenants Sign Leases at Rice Village District in Houston

by Hayden Spiess

Houston — Three new tenants have signed leases at Rice Village District, a shopping center located in Houston. Boutique Luminary Lifestyle, jewelry brand gorjana and apparel retailer Mizzen+Main are scheduled to open spaces at the property in early 2024. Bluestone Lane, [solidcore], The Rice Box and Navy Blue also recently opened at the center. 

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City-West
Company newsFinanceNewsTexas

Crow Holdings Forms $2.6 Billion Joint Venture Targeting Shopping Center Investment 

by Hayden Spiess

Dallas — Crow Holdings, through its investment management business Crow Holdings Capital (CHC), has announced a joint venture with an undisclosed global institutional investor focused on retail investment. The $2.6 billion partnership will expand Dallas-based CHC’s investment strategy of acquiring small-format, convenience-oriented open-air shopping centers and was formed through a recapitalization of a $1.8 billion, 173-property portfolio owned by two real estate funds managed by CHC. The platform’s portfolio includes properties located in more than 50 cities across more than 30 states. “We have an incredible opportunity to continue to aggregate …

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Katy-Grand-Katy-Texas
LeasingNewsRestaurantsTexas

Five New Restaurants Totaling 12,089 Square Feet to Open at Katy Grand in Metro Houston

by Hayden Spiess

Katy, Texas — Five new restaurants totaling 12,089 square feet will open at Katy Grand, a dining and entertainment destination located in Katy, roughly 30 miles west of Houston. Korean Steak House & Bar will lease 4,971 square feet at the development, and Uncle Tetsu and Wushiland Boba will open restaurants comprising 1,050 and 1,405 square feet, respectively. Additionally, Patis & Toyo will occupy 1,533 square feet and Fat Boys Pizza will lease 3,850 square feet. All of the restaurants will join the development — which totals 944,803 square feet — …

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Meduza-Mediterrania-Houston
DevelopmentLeasingNewsRestaurantsTexas

Noble 33 to Open Two Restaurant Concepts in Houston

by Hayden Spiess

Houston — Hospitality group Noble 33 has announced plans to open two restaurant concepts at The Pavilion at The Allen shopping center in Houston. Toca Madera will occupy 11,103 square feet with a seat count of 393, and Meduza Mediterrania will comprise 9,732 square feet with a 289-seat occupancy. The openings are scheduled for this fall and early next year, respectively. Noble 33’s in-house design firm Monochrome Concept oversees both concepts. Abel Design Group will provide architecture and design services and Construction Concepts will handle construction of the restaurants.

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Steeplechase-Center-Houston
Investment salesNewsTexas

JLL Arranges Sale of 195,575-Square-Foot Retail Center in Houston

by Hayden Spiess

Houston — JLL Capital Markets has arranged the sale of Steeplechase Center, a 195,575-square-foot retail center located in Houston. Tenants at the property, which was 82 percent leased at the time of sale, include Goodwill, Melrose, Citi Trends, Uptown Beauty, Dollar Tree, dd’s Discounts, 99 Cents Only, Big City Wings, Leslie’s Pools, Rent a Center, La Reyna Tortilleria, Kim’s Hair Salon, Imperial Foot Reflexology, Iris Nails and Spa, Nancy’s Tailor, Metro PCS, Pho Town, Checkers and Ostioneria Michoacan. John Indelli and Ryan West of JLL represented the seller, an entity …

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Centro-Austin-Texas
LeasingMixed-useNewsTexas

Four Tenants to Open at Centro Mixed-Use Development in Austin, Texas

by Hayden Spiess

Austin, Texas — Four new tenants have signed leases at Centro, a mixed-use development spanning two blocks in Austin. Pure Barre, Brooklyn Dumpling Shop, Birds Barbershop and Full Ride Cycling will occupy spaces within 15,000 square feet of ground-floor retail space at the property. Jeremy Smitheal, Win Smith and Bennett Holcomb of Riverside Resources represented the landlord in the leasing negotiations.

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Investment salesNewsTexas

SHOP Cos. Brokers Sale of 23,609-Square-Foot Shopping Center in Dallas-Fort Worth Metro

by Hayden Spiess

Frisco, Texas — SHOP Cos. has brokered the sale of Custer Road Commons, a 23,609-square-foot shopping center located in Frisco, roughly 30 miles north of Dallas. Situated on 4.3 acres, the center was fully leased at the time of sale to tenants including Starwood Café, My Eyelab, Jason’s Deli, Zenith Clinic and Novuskin. Tim Axilrod and Tayler Rose of SHOP Cos. represented the undisclosed seller in the transaction.

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