Baker Katz to remodel Houston retail property

Houston - Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, has acquired a 4.5-acre property with plans to renovate two existing buildings totaling 33,000-sq.-ft. in Atascocita, in the Greater Houston area.



The firm plans to renovate the two buildings that were constructed in 1984 to update the architecture and attract new retail tenants. Construction is slated to begin early next year. Jim Bayne with Investar Real Estate Services represented the seller for this transaction



“The dense Atascocita trade area serving the growing community along Lake Houston and suburbs of Houston is experiencing a limited supply of available space with high tenant demand,” said Baker Katz development partner Neal Wade, who led the acquisition. “This visible property located at highly-trafficked streets is well-suited for a remodel to aid in bringing new national and regional tenants to the community.”