Colliers brokers 10,355-square-foot lease at Texas retail center

Colliers brokered a lease of10,355 square feet for AA Gymnastics Academy at Baywood Plaza Shopping Center at 3226 FM 528 in Friendswood, Texas.

The landlord, MDDS Properties, was represented by Kelly Hutchinson of Colliers.  

The property is within Houston’s Southeast Outlier retail submarket, which contains 14.7 million square feet of retail inventory and is currently 96.2% occupied. The sector recorded 72,219 square feet of net absorption and 126,022 square feet of leasing activity during the first half of 2024.