HOUSTON—Streetwise Retail Advisors, a recently formed Houston-based firm, is comprised of real estate veterans Ed Page, Ed James and Scott Gardner. The trio has worked on numerous well-known Houston-area projects, including Highland Village and Sugar Land Town Square. GlobeSt.com's Anna Caplan recently spoke with the group about their take on the city's exciting retail scene.

GlobeSt.com: What's the current state of retail in Houston currently?

Streetwise: High occupancy levels and no new development over the past few years have created a demand for new retail in Houston. We are currently tracking 49 new developments in various stages of development in the metro area--rumor, planning stage, under development; aggressive expansion by grocers fostering shadow retail development as well; several new power centers on the drawing boards; and three or four sizable new mixed-use/lifestyle projects are also in various stages of planning and development.