Katy Ranch Crossing, a 750,000-square-foot retail development of Freeway Properties on 130 acres at the southeast corner of Interstate 10 and Katy Fort Bend Road, is almost fully leased. The center has generated about 150,000 square feet of lease deals annually for the last 5 years, said Lilly Golden, a broker with Evergreen Commercial Realty who represents the landlord.
"With only 40,000 square feet of big-box space remaining, I'm expecting 2018 will be the year I lease myself out of a job," Golden said.
Recent leases include: PGA Tour Superstore, represented by Chad Moss of Property Commerce, 35,000 square feet; Floor & Décor, represented by Matthew Keener of CBRE, 73,000 square feet; Glowzone, represented by Robert Hartigan of Colliers, 37,500 square feet; IRace, 60,000 square feet; Taco Cabana, represented by Chad Moss of Property Commerce, 3,500 square feet; Navy Federal Credit Union, represented by Joey Lumsden and Lilly Golden of Evergreen, 4,000 square feet.
Local franchise owner Ummara Sajid will open a Chick-fil-A at 1900 NASA Parkway in the Nassau Bay area on Thursday. The 4,471-square-foot restaurant has a dual drive-thru, seating for 145 including the patio, and a two-story interactive play area for children. Chick-fil-A, which first opened in Houston 40 years ago, has grown to 56 area locations including upcoming stores in Nassau Bay and on Pearland Parkway. The new store will employ 90 people.
H&R Block has renewed its 1,500-square-foot lease at 8703 Broadway in Pearland. Lewis Faraclas with Hellenic Brothers Commercial Real Estate represented the landlord, Silver Pear 518 Business Park. Cushman & Wakefield represented the tenant.
A convenience store has leased 3,991 square feet at The Shoppes at Loop and Hardy, 1520 North Loop. Joaquin Orozco and Alan Vieyra represented the landlord. Melissa Redman of Engel & Völkers represented the tenant.
Crossfit Rhokee has leased 2,530 square feet at 4309 Irvington Blvd. Austen Baldridge of NewQuest Properties represented the tenant. Bea Naranjo of Moseley Commercial represented the landlord, Silvia Camarena.
Grocery Services has leased 2,150 square feet in Calder Ridge Plaza, 1108 Gulf Freeway, League City, from Silk Road Properties. Austen Baldridge and Brad Elmore of NewQuest Properties represented the tenant.
Boost Mobile has leased 1,000 square feet at Afton Oaks, 7710 Bellaire. Benny Nguyen of Retail Solutions represented the landlord. Gary Warner of Investar Real Estate Services represented the tenant.