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Starbucks leases pad site inside 610 Loop on Post Oak Boulevard

 

Colliers is pleased to announce that Starbucks has leased a pad site located at the corner of Post Oak Boulevard and Post Oak Park Drive in Houston, Texas. The tenant, Starbucks, was represented by Lasater Miller with The Retail Connection. Kim Lenardson and Hannah Tosch of Colliers represented the owner, Regent Properties, in the transaction.

 

"We are excited that Starbucks has chosen this site in this densely populated area," said Kimberly Lenardson, Vice President of Colliers. "With office and residential customers within walking distance, Starbucks will provide a great amenity for a previously underserved market."

Starbucks_ParkTowers_KL_HT

 

The pad site sits on 0.54 acres and will accommodate the 2,100 square foot building including a drive-thru, space for parallel parking and multiple patios. The location is just inside the 610 Loop adjacent to Park Towers South and has prominent signage on West Loop South. 

 

The property is located in Houston's Inner Loop River Oaks retail submarket. The submarket contains 13.1 million square feet of retail inventory which is 95% occupied. 116,000 square feet of new inventory delivered over the past year and approximately 151,000 square feet is under construction.


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Kimberly Lenardson

Vice President

Houston

Ms. Lenardson joined Colliers | Houston in 2012 as Vice President of Retail Services, bringing over 16 years of commercial real estate experience to the firm.  Kim is a dedicated retail specialist providing both landlord and retail tenant representation services.  She has worked with REITs on large portfolios as well as help local owners find smaller shop space.

Kim previously served as a Leasing Specialist with North American Properties – Southeast, Inc. | Ft. Myers, FL from 2007 to 2012.  She was primarily responsible for leasing document management of new leases, renewals, assignments and amendments of the North American Properties Ft. Myers portfolio consisting of Publix anchored and Target anchored centers throughout Florida and Georgia. The North American Properties Ft. Myers portfolio reached a scale of over 1.2 million square feet of GLA including approximately 360,000 square feet of small shop space. She acquired a working knowledge of shopping center construction with the ability to read construction plans. Assisted in site plan design of new developments along with building the design in accordance with creating merchandising plans.  Kim worked with many aspects of asset management including creating detailed reports for the purposes of Pro-Forma projections andlease assumptions. leasing summaries, competitive market surveys, and five-year budget projections.

Director of Sales and Leasing with Grand Bay Properties, LLC | Bonita Springs, FL from 2004 to 2007.  Retail leasing of grocery and specialty centers of up to 93,000 square feet as well as Class A office space.  Negotiated new and renewal lease agreements to ensure the best terms, compliance and obligations, with landlords, agents, attorneys and/or tenants directly.  Reviewed tenants construction documents, sign shop drawings and sample boards for conformity to Landlord’s criteria.  Monitored and verified negotiated construction to be built on schedule.

 Leasing Associate with Jones Lang LaSalle Americas, Inc.| Miami, FL from 2003 to 2004.  Represented Landlord, JP Morgan Investment Management, in leasing a 1.4 million square foot property with approximately 350 tenants.  Updated and distributed monthly reports to JP Morgan.

Property Administrator with Jones Lang LaSalle Americas, Inc. | Atlanta, GA and Miami, FL from 2002 to 2003.  Responsible for all aspects of lease administration including  compilation of lease documents for ownership approval and distribution of leasing status reports, rent rolls, and Winstack stacking plans.

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Hannah Tosch

Senior Associate

Houston

Hannah Tosch serves as a Senior Associate on the Houston retail team. Tosch has been in the business and with Colliers for 5+ years. Her primary focus is tenant representation services for local and national restaurant, retail and entertainment concepts. As a native Houstonian, Hannah combines her existing relationships with her passion for the restaurant industry to best serve her clients.

Hannah’s current client list includes Salata, Jollibee, German Doner Kebab, Aviator Pizza & Drafthouse, Flight Club, Ace Bounce, Putt Shack, Kids Empire, Chick’nCone, Tiny’s Milk & Cookies, Sambrooks Management, Earthcraft Juicery, Idle Hands, Parlor & Yard, Sola Salons, Crumbl Cookies, Mala Sichuan, Da Gama Canteen and other award-winning Houston chefs.

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