Tremble-Hill Enterprises, Inc. renewed 4,000 square feet at 5151 Mitchelldale in Houston, TX. Justin Harrity represented the landlord, Hartman Income REIT.
Category: Deals & Announcements
Floor and Decor Outlets Renewed 109,000 SF at 17211 N Fwy in Houston
Floor and Décor Outlets of America, Inc. renewed 109,000 square feet at 17211 N. Fwy in Houston, TX. Wil Logan represented the landlord, Hartman Income REIT.
Friedman Secures Lease with The Grand Music School, LLC in Richmond
Friedman Real Estate recently leased the retail space located at the Long Meadow Plaza in Richmond.
Friedman’s Larson Riff advised the tenant in the transaction. Larson is a native Houstonian with a passion for real estate. His focus is on landlord/tenant representation, land acquisition, and investment sales.
Retail Envy: Houston Leads Country in Retail Absorption
Houston’s retail market is the envy of the country as demand continues to rise.
In 2021, Texas’ largest city ranked No. 1 on CoStar’s ranking for retail space
absorption and vacancy is hovering around 6 percent.
“There is more demand for space than supply and the cost of construction will keep that imbalance in place for the foreseeable future,” says Lilly Golden, President and Founder of Evergreen Commercial Realty.
She adds that she’s aware of several large box vacancies that have 3 or 4 users competing for the same space.
“Big box retailers, both high-end and low-end, are focused on expanding in Texas right now,” Golden says.
“We are seeing restaurants and entertainment tenants from other states
and countries flocking to Texas, and specifically Houston,” says Eric Lestin,
Managing Director-Retail Lead at Cushman & Wakefield. Click to read more at www.rednews.com.
Colliers Sells ±9.29 Acres in Northwest Houston on Cossey Road
Houston, June 10, 2022 – Colliers is pleased to announce the sale of ±9.29 acres located on Cossey Road in Houston, Texas. The buyer, Three Diamond Capital Holdings LLC, was represented by Jack Gaffney and Dylan Schopper of Finial Group Houston LLC. Tom Condon, Jr. of Colliers represented the seller, David & Melanie Talley, in the transaction.
The subject property is situated along Cossey Road in Northwest Houston just east of the Tomball Parkway. It is in close proximity to the large residential areas of Charterwood, Gleannloch Farms and The Vintage. Three Diamond Capital Holdings purchased the land as an investment property and plans to develop in the future.
For further information please contact:
Tom Condon, Jr. | Principal, The Woodlands
+1 713 830 4007 | tom.condon.jr@colliers.com
DigitalDesk Leased 2,527 SF at 8610 N New Branfels in San Antonio
DigitalDesk, Inc leased 2,527 square feet at 8610 North New Braunfels in San Antonio, TX. Austin Brodeur represented the landlord, Hartman Income REIT.