Colliers is pleased to announce Sambrooks Management Company has leased a 4,852 square foot retail space located at 3201 Allen Parkway in Houston, Texas. The landlord is Random Capital. Wade Greene and Hannah Tosch of Colliers represented the tenant in the transaction.
"We could not be more excited for our friends at Sambrooks Management, this was a special deal where the concept and space are perfect for each other," said Wade Greene, Principal of Colliers. "The interior design, unique patio space, coupled with the Sambrooks team will make this one of the most anticipated restaurants in the city. "
Sambrooks Management Company, a Houston restaurant group known for The Pit Room, Candente and 1751 Sea & Bar, plans to open a new steak house, Andiron, at 3201 Allen Parkway location in River Oaks. Andiron will feature a newly renovated space at the historical landmark which has been restored by Radom Capital. The restaurant plans to open their doors Q1 2022.
The property is located in Houston's Inner Loop River Oaks submarket. The submarket contains 13.1 million square feet of retail space which is currently 95.2% occupied. The average asking rental rate for this submarket is $32.88 per square foot.