Market at Houston Heights continues its impressive leasing pace as it approaches a June 2019 delivery for tenant build out. Conceived and developed by Houston-based Capital Retail Properties in partnership with Randy Wile of Wile Interests, Inc., the 30,000-square-foot, mixed-use lifestyle destination, designed by Michael Hsu Office of Architecture, has three new operators joining a lineup that includes Flower Child and CycleBar.
New to the mix Salon Lofts, M+L Dental and Vanguard Spine & Sport add further appeal to the high-profile project, located at 1533 N. Shepherd, along a rapidly-evolving and walkable Heights retail corridor and in the midst of a growing array of restaurant, bar and shopping offerings. A fourth quarter 2019 debut is anticipated.
Represented by Greg Stanislawski with The Retail Strategy, Salon Lofts is an industry leader in the hair salon suite rental space. Focused on empowering independent beauty professionals, the brand will occupy a 4,200-square-foot endcap on the second floor of the north end of the property. The Market at Houston Heights site is one of three opening in Houston this year, joining future locations in Upper Kirby and Cinco Ranch. Anderson Smith and Connor Lynch represented Capital Retail Properties.
M+L Dental will unveil a 2,200-square-foot end line unit on the second floor in 2019. The full-service practice was represented by Patrick Valentz with Xite Realty. Market at Houston Heights was represented by Anderson Smith and Connor Lynch.
Also represented by Patrick Valentz with Xite Realty, Vanguard Spine & Sport will soon take over a 3,000-square-foot second floor endcap on the property’s south end. Anderson Smith and Connor Lynch represented Capital retail Properties. Slated for a 2019 unveiling, Vanguard Spine & Sport specializes in collaborative care in a variety of injury areas, including neck pain, back pain, headaches, joint pain and sports injuries. The team offers regenerative medicine services, medically-supervised weight loss, chiropractic care, decompression therapy, cryotherapy and sports rehab for patients of all ages. This represents an expansion of the Memorial-based practice.
Announced in late 2017, Market at Houston Heights occupies an approximately 75,000-square-foot parcel that is more than half a city block in size. Immediate area neighbors include Heights Bier Garten, Snooze Eatery, Superica, La Lucha, and new, two-story, 88,000-square-foot H-E-B grocery store.
A modern and eclectic mix of materials and elevations are creating a striking landmark for the area. Adding to the authentic urban appeal, minimal setbacks further highlight the facade and create a more pedestrian-oriented approach with parking at the rear. A 3,000-square-foot central plaza with seating will separate the 26,000-square-foot, two-story main building from a one-story, 4,000-square-foot structure. In addition to serving as a guest gathering space, and weekend market area, the public space will also be able to accommodate tenant and community events.
About Capital Retail Properties
Capital Retail Properties is a full-service commercial real estate firm specializing in the development, marketing and disposition of anchored and shadow anchored retail shopping centers, as well as tenant representation and retail land sales. Regarded as the premier landlord and tenant representation team in Greater Houston with decades of collective experience and a reputation for doing the job right, Capital Retail Properties is also known for its deep base of relationships within the retail tenant rep brokerage community, resulting in key intelligence on brand expansion plans and new site opportunities before news reaches the market. Unrivaled insights and instincts have led the company’s tenant rep clients to the best developments and allowed landlord rep clients to maximize the value of their investments with occupancy rates well above market averages.