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This Week's Houston Deal Sheet

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Grub Burger Bar is expanding in Houston, inking two locations on the west side.

This Week's Houston Deal Sheet
Grub Burger Bar

Capital Retail Properties’ Anderson Smith and Connor Lynch are working with the College Station-based fast-casual concept as it grows along the Gulf Coast. They leased 3,690 SF on Interstate 10 between Memorial City and CityCentre and 4K SF in Katy Green. Grub was founded in 2012, and Capital Retail has been working with it since 2014 and previously found it space in The Woodlands and Corpus Christi.

“We’ve been carefully scouting high profile locations with easy access that draw on an upper income demographic capable of supporting strong, repeat lunch, happy hour and dinner traffic,” Smith said in a statement.

EXECS

This Week's Houston Deal Sheet
Ziegler Cooper practice leader Jim Zemski

Ziegler Cooper is having a leadership change-up. Kurt Hull, senior principal in charge of the commercial architecture studio, is retiring, and Jim Zemski is stepping up to lead the practice area. Hull was with the company for 37 years, nearly all of the firm’s 40-year history. ZCA has been working on an increasing number of mixed-use projects.

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Abbey Roberson was named chair of the Urban Land Institute’s Houston District Council. She is the first female chair of the Houston council. She is the vice president of planning for the Texas Medical Center and a 10-year member of ULI.

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Simona Furini rejoined Gensler. She is a hospitality design specialist with more than 20 years of experience. Furini began her career in Milan and moved to the United States in the mid-1990s. She was with Gensler from 1998 to 2003 and has also worked with Abel Group, Rottet Studio and her own firm, Compasso Design. Her notable projects include the lobby interiors of 609 Main and the Hilton Americas-Houston Hotel.

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Scott Fikes joined JLL as senior vice president of the office agency leasing team. Fikes has 14 years of office leasing experience and will focus on representing office landlords.

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Thomas Osborne joined Chicago Title Commercial as senior vice president and commercial counsel. He has 30 years of experience in CRE and law.

SALES

This Week's Houston Deal Sheet
Washington at Durham

An undisclosed private buyer purchased a retail center at 4902-4920 Washington Ave. HFF’s Ryan West, John Indelli and Charlie Strauss represented the seller, Orr Commercial. The fully leased center is on 0.57 acres at the intersection of Washington Avenue and Durham Drive.

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Tomball Equity purchased 2 acres at the intersection of Texas 249 and West Greens Road in Houston from Greene 21 Ltd. NewQuest Properties’ Jeff Lokey represented the seller.

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Singh & Singh Investments (dba Kids R Kids) purchased a 2-acre retail pad site in Brazos Town Center in Rosenberg. NewQuest Properties’ Bob Conwell and Austin Baldridge represented the seller in-house, and NewQuest’s Ronnie Miranda and Ryan Kelsall represented the buyer.

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SDR Retail LLC purchased 1.7 acres at 15818 Texas 288 in Pearland. NewQuest’s Neal Thomson and Brad LyBrand represented the buyer, and Littwitz Investments’ David Littwitz represented the seller, Zucchini Group.

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An undisclosed buyer purchased 1.7 acres in Stafford Promenade at Broadway Parkway and FM 1092. BHW Capital’s Bryan Tran and Martin Bronstein represented the seller, Tricoastal Partners 08 L.P. BHW Capital’s Bryan Tran procured the buyer.

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A private investor purchased Shoppes at Richmond Lakes, a 10,515 SF retail property in Richmond. Marcus & Millichap’s Steven McClendon and Bill Jordan represented the seller.

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Celebrate Baking Co. purchased a 57,500 SF bakery at 14212 and 14210 Interdrive West in North Houston. Colliers’ Gary Mabray, Jon Lindenberger and Paul Dominique represented the seller, a private investor. 2M Realty Advisors’ Mark Martin, one of the founders of Celebrate Brands, represented the buyer.

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An undisclosed buyer purchased 10 acres at 6909 Pitts Road in Katy. Lee & Associates’ Reed Vestal, Taylor Schmidt and John Erck represented the seller.

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Nantucket Housing purchased 13.2 acres on the northwest corner of Fairmont Parkway and Red Bluff Road in Pasadena. Colliers’ Marshall Clinkscales represented the seller, Rodney Susholtz, and Colliers’ Jay Kyle represented the buyer, which is planning a multifamily and retail mixed-use development to be called Fairmont Crossing.

LEASES

Grand Morton Town Center, Katy, TX
Grand Morton Town Center in Katy

Express Oil Change & Tire ground-leased a 0.94-acre pad site to develop a 41K SF building in Grand Morton Town Center, at the intersection of Grand Parkway and Morton Ranch Road in Katy. NewQuest Properties’ Josh Friedlander and Rebecca Le represented the landlord in-house, and Sluco Realty Services’ Greg Slusky represented the tenant. The NewQuest team also secured a 1,190 SF lease to Mathnasium in that property. ESR Commercial’s Garrett Aries represented Mathnasium.

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Moody Rambin’s Terri Torregrossa and Kurt Kistler represented landlord The Realty Associates Fund X in several transactions totaling 16,572 SF at the 363 North Sam Houston Parkway building.

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Dollar Tree leased 10K SF in Chambers Town Center in Baytown. NewQuest Properties’ Bob Conwell and Brad Elmore represented the landlord in-house, and Perry Zieben Realty Co.’s Perry Zieben represented the tenant.

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American Vending Sales leased 18K SF of industrial/flex space at 8801 Jameel Road in Houston. Lee & Associates’ Reed Vestal, Taylor Schmidt and Chris Nash represented the tenant, and Stream Realty’s Jeremy Lumbreras and Blake Warren represented the landlord, GLP US Management.

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Valvoline ground-leased 1.2 acres in Brazos Town Center in Rosenberg. NewQuest Properties’ Bob Conwell represented the landlord in-house. Weitzman’s James Namken and Kyle Knight represented the tenant.

DEVELOPMENT

Vigavi broke ground on a 14K SF facility in West Ten Industrial Park in Katy. The design-build project is for Technical Laboratories and is evenly split between office and manufacturing/distribution space on 1.3 acres. It is Vigavi’s second building in this business park, and it has two more spec buildings under construction in West Ten.

THIS AND THAT

This Week's Houston Deal Sheet
PopUp Shops founders Rob Dodson, Scott Blair, Megan Silianoff and Barry Goldware

PopUp Shops is launching nationally. The Houston tech startup matches brands looking to do pop-up locations with retail landlords that want to host them. The company was founded in 2017 by Houston entrepreneur Barry Goldware, who founded Sun and Ski Sports, with partners Scott Blair, Rob Dodson and Megan Silianoff. Its book of landlords using the platform includes GGP, Simon, NewQuest, Brixmore and Weingarten.

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A new nonprofit was founded to own, develop, improve and operate affordable housing in the Third Ward. PRH Preservation was created by the board of directors of Project Row Houses; both will be led by Executive Director Eureka Gilkey. Hastings Johnson will be president of PRH Preservation. The Kinder Foundation gifted PRH’s initial $2M funding, which was used to buy a 1.4-acre property at Webster, Hadley and Live Oak streets. The site has 21 wood-frame structures built between 1930 and 1950; PRH is renovating them. PRH will raise money to subsidize further projects in the Third Ward, including a mix of subsidized housing and market-rate residential and commercial developments. It will preserve as many original row houses as possible and will focus on preserving the character and culture of the Third Ward as it redevelops.

Related Topics: Grub Burger Bar