The spaces' quoted rates range from $16.60 per sf to $18.60 per sf plus tenant-improvement allowances. At the 135,000-sf Corum Station Shopping Center at 4880 Louetta Rd. in Spring, Steve & Barry's will backfill a Randall's grocery and drug store. In the 1.2-million-sf mall at 20131 U.S. 59 N. in Humble, the deal backfills an empty Mervyns store.
Doug Calvin, real estate director for Port Washington, NY-based Steve & Barry's, says upcoming tenant improvements will include wood flooring, plasma screen monitors and fixture systems. Both locations are scheduled to open within four months.
"Our average store size is 55,000 sf, though we've been trending larger," Calvin says. "We've done stores over 100,000 sf and prefer junior anchor and anchor-size stores."
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