HOUSTON-Issaquah, WA-based big box retailer, Costco Wholesale will open two retail sites, totaling 296,000 sf, in its rollout strategy for Houston. The dual openings are set for June 7.

One warehouse club is located on 1150 Bunker Hill Rd., just north of the Katy Freeway. The second is situated at 12405 N. Gessner Rd. in the Willowbrook Mall/FM 1960 submarket. These stores bring Costco’s Texas total to six, including a regional buying office in Dallas. It also brings its US store number to 261 and worldwide, 362. But Costco isn’t stopping construction in Texas, where it plans five stores in the state’s northern tier and one in Austin. Each Costco warehouse costs about $16 million for land, building and site work. Another $4 million is spent for fixtures and equipment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.