Three Retailers Stamp New Locations

HOUSTON, TX -  August 30, 2002--Rachael's Hallmark has lined up its third location in Houston, taking 4,050 sf in the far northwest at Cole's Crossing. The deal is one of three retail leases to close, absorbing a bit more than 11,500 sf.  A September opening is planned for the Hallmark store at the Regency Centers-owned Cole's Crossing situated at US Highway 290 and Barker Cypress Road in the city's far northwest submarket. The retailer also has taken a fourth location in a plan to open in October. Details were not available by press time. David Stukalin, president of Dallas-based Weitzman Group's Houston office, brokered the lease.  Cole's Crossing is a 115,000-sf shopping center anchored by a Randall's grocery store. The center serves as the main retail location for several newly constructed upscale communities situated on the outermost edge of the far northwest submarket before it trails off to farms and cattle ranches. The area's relatively new development makes it a prime spot for retail since, by and large, it is considered to be underserved.  In a 4,972-sf pact, Youth Enhancement leased a spot at 12035 DeForrest Rd. Chris Kugle of the Houston office of Grubb & Ellis Co. represented the building owner, Landmark Midwest Properties.  The Beechcrest Green Shopping Center at 10815 Beechnut in southwest Houston gets a 2,535-sf J&H Washateria. Shawn Ackerman of the Houston office of Henry S. Miller Commercial represented the property owner, 10815 Beechnut Inc.  

Henry S. Miller Commercial, founded in 1914, is Texas’ largest independent commercial real estate firm and a member of The Commercial Network, one of the largest affiliations of commercial real estate firms in the nation.