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Retail Center Breaks Ground in Pasadena, Texas

by Realty News ReportMay 29, 2015
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Market at Crenshaw is under construction.
Market at Crenshaw is under construction.

HOUSTON – Construction is underway at Market at Crenshaw, a 168,924-square-foot, two-phase retail development located on 24 acres in the Pasadena submarket on Beltway 8 between Crenshaw Road and Fairmont Parkway.

Transwestern Retail Vice Presidents Grant Walker and Crystal Allen were retained to lease the property on behalf of the developer, a partnership of Ley-Wilson Development LLC and H5 Ventures, LLC and have leased more than 90 percent of the first phase of development. A Transwestern team led by Vice President Robert Nguyen has also been retained to provide property management and construction management services.

Tenants that have executed leases at the property include:

  • Burlington – 55,000 square feet
  • Party City – 18,000 square feet
  • Tuesday Morning – 12,000 square feet
  • Mattress One – 4,000 square feet
  • Xfinity by Comcast – 4,000 square feet
  • MOD Pizza – 2,700 square feet

Phase I, totaling 108,924 square feet, is scheduled for delivery in third-quarter 2015. Phase II, which will include an additional 60,000 square feet, will commence construction in the next 90 days and is slated for delivery in second-quarter 2016.

A Transwestern team led by Vice President Robert Nguyen has also been retained to provide property management and construction management services.

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