The Mix at Midtown under new ownership
A joint venture of Houston-based Fifth Corner and Pointer Real Estate Partners acquired The Mix at Midtown, a 72,901square-foot retail building on a full city block in the Midtown district. The seller was 3201 Louisiana LP. The property, which includes a 296-space parking garage, occupies the block bounded by Elgin, Louisiana, Milam and Stuart streets. Tenants in the 100-percent leased building include 24-Hour Fitness, Gen Korean BBQ, Piola Pizzeria, Jinya Ramen Bar, Kung Fu Tea, Artisans Restaurant and Cloud 10 Creamery.
“We are excited to be investing in Midtown, Houston’s primary ‘24/7’ district,” Chad Braun, co-founder and managing partner at Fifth Corner, said in an announcement. “With one of the highest walk scores (86) in Houston, proximity to nine Fortune 500 company headquarters, the secondlargest theater district in the United States and the world’s largest medical complex, we are excited about the potential of this property and the opportunity to create value for investors.”
Birnham Woods Marketplace, a Kroger-anchored center on the Grand Parkway at Birnham Woods Drive in Spring, will add several restaurants. Chipotle, represented by Traci Holman of Baker Katz, will occupy a 2,300-square-foot space in late 2019. Chicken Salad Chick, represented by Stephen Tou of the Retail Connection, will occupy 2,700 square feet in early 2020. Spring Creek Barbecue, represented by Chad Moss of Property Commerce, plans to open a new standalone restaurant on a 1.19-acre pad site by mid 2020. Eric Walker and Anderson Smith of Capital Retail Properties represented the landlord in-house.
Mint Dentistry and Delta Life Fitness have leased the remaining spaces at the Shoppes at Conroe Plaza, a 15,000-squarefoot center at 3846 W. Davis St. near Lake Conroe. Capital Retail Properties developed the property, which is anchored by First Choice Emergency Room and is across the street from a new H-E-B grocery store. Mint Dentistry, represented by Matt Smoot of Dallas-based Smoot Real Estate Services, will occupy 2,495 square feet. Delta Life Fitness, represented by Jacob Hebert of the Home Branch, leased 2,740 square feet. Jacob Weersing represented Capital Retail Properties in-house. Openings are planned by December.
Lovett Dental leased 1,822 square feet at 5230 Buffalo Speedway near Bissonnet. Jack Savery and Josh Jacobs of Edge Realty Partners represented the landlord. Todd Moseley of Moseley Commercial Real Estate represented the tenant.
Exquisite Hair Studios, a full-service salon owned by Jasmine Harris, leased 1,888 square feet in the Richmond Avenue Shopping Center at Richmond Avenue and Fountain View Drive. Emil Wulfe of Wulfe & Co. represented the landlord.
Xfinity leased 2,000 square feet for a new store demonstrating the company’s cable television, internet, telephone, and wireless services offerings at 12602 Westheimer. Margaret Regan of Regan & Associates and Bunny McLeod and Katherine Wildman of Wulfe & Co. represented the tenant.
El Carbonero leased 4,031 square feet at 3040 FM 1960 in Humble. Patrick Keegan and Jason Gaines of NAI Partners represented the landlord.
Bay Area Liquors leased 2,700 square feeet in Marketplace at NinetySix, at League City Parkway and Hobbs Road, League City, from NewQuest Properties. Rebecca Le and Heather Nguyen of NewQuest Properties represented the landlord in-house.
O’Reilly Auto Enterprises purchased 1.5 acres at FM 1764, west of Gulf Freeway, La Marque, from Yode Investments. Brad LyBrand and Rebecca Le of NewQuest Properties represented the seller. Erik Ray of Independence Commercial Real Estate represented the buyer.
Furniture Xperience leased 4,999 square feet at North Junction Plaza, 152 FM 1960. Benny Nguyen and Jim Thompson of Retail Solutions represented the landlord. Kenneth Goodsell of Re/Max Vintage represented the tenant.
iV Bars, an intravenous drip therapy chain that’s expanding across the U.S., opened a Sugar Land location at 1531 Texas 6. It is the third outpost for Houston owner/operator Rachel Koen in addition to locations in the Heights and The Woodlands.