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Village Arcade Poised for Upgrades

FORT WORTH—Rice Management Co. and Fort Worth-based Trademark Property Co. have acquired a three-building, 193,000-square-foot retail property called Village Arcade in Houston's Rice Village.

By Anna Caplan | Updated on September 22, 2014

FORT WORTH—Rice Management Co. and Fort Worth-based Trademark Property Co. have acquired a three-building, 193,000-square-foot retail property called the Village Arcade in Houston’s Rice Village. Trademark and Rice plan to revitalize the property by changing its tenant mix, façade and site amenities.

“There is clearly great pent-up demand among leading national and international brands and special local merchants who have wanted to open stores in the Village for years, but for one reason or another, couldn’t,” said Tommy Miller, managing director, Trademark. “This is a very special and uniquely eclectic urban place unlike any other in Houston. We have a great opportunity to bring in the best-of-the-best retailers and restaurants…and we intend to be very selective.”

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