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After Demolition, Retail Impact is Realized

BEAUMONT, TX—The location was chosen due to its visibility and the daytime population concentration along with a growing number of medical users along College Avenue.

By Lisa Brown | lisabrown | | Updated on June 15, 2016
Starbucks Starbucks joins a key corner retail site in Beaumont, TX.
BEAUMONT, TX—After demolishing a previous building, a retail site located at the hard northeast corner of Interstate 10 at College Street (Highway 90) has been redeveloped and fully leased. With an end plan of creating an impact on the retail landscape, Houston-based Baker Katz redeveloped the site, adding national tenants to five new spaces within the property. Starbucks, Mattress One and Wingstop will occupy the 6,100-square-foot building. T-Mobile and Access Dental will each have 2,800 square feet in the second building. “This site was particularly interesting to us due to the impact we know we can make on the evolving retail landscape in this trade area,” said Baker Katz broker Lunden McGill . “Two brand new buildings and five high-profile tenants bring prominence and synergy to an important intersection that will benefit the Beaumont community and real estate market significantly.” Along with the goal of improving the retail landscape on the corner, the location was chosen due to its visibility and the daytime population concentration along with growth of medical users along College Avenue. McGill tells GlobeSt.com: “We’re excited to bring additional respected national tenants to the intersection. We strategically selected this site for the redevelopment because of its visibility to I-10, and proximity to a great concentration of daytime population with the growing number of medical users along College Avenue.” Baker Katz is an X Team International partner and full-service commercial real estate brokerage firm specializing in retail tenant representation, investment sales, and project development and leasing.  

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