Kimco awards Colliers the leasing assignment for three Baybrook area properties: Baybrook Gateway, Center at Baybrook, and their new development, Shops at Baybrook. The properties are adjacent to each other on the Gulf Freeway at the southeast corner of Bay Area Boulevard and have suites available from 2,400 square feet to 39,998 square feet as well as a 1-acre pad site.
|Baybrook Gateway||Center at Baybrook|
|Future Shops at Baybrook|
New tenants for the properties will join retailers such as Party City, World Market, Michaels, Barne's & Noble, buy buy Baby, Bed Bath & Beyond, Bel Furniture, Hobby Lobby, James Avery, and Jared. Escalante's, La Madeline, Pappas Delta Blues Smokehouse, Pappas Seafood House, and BB's are some of the restaurants.
"We are very excited for our new relationship with Kimco and these three Baybrook area properties," said Kimberly Lenardson, Vice President of Colliers, "The existing retail and restaurant tenants in this market are performing very well for the most part, which is contributing to the area’s occupancy remaining tight."
The properties are located in Houston’s NASA/Clear Lake retail submarket. The submarket consists of 28.8 million square feet of retail space, which is 94.7% occupied. In addition, there is 140,000 square feet of additional space under construction in the submarket.