Triten Real Estate Partners has awarded Colliers the retail leasing assignment for The Mill, a mixed-use development located in Houston’s East End District. Wade Greene and Hannah Tosch of Colliers will lead the assignment.
The development project, designed by Michael Hsu Office of Architecture, is located at the corner of Canal and Navigation. It broke ground with Phase 1, an eclectic 341-unit multifamily apartment complex, featuring a spa-inspired pool and courtyard, expansive ceiling heights and designer scheme options including a Brownstone layout. On the first floor, with direct connection to the multifamily community, there will be 6,072 square feet of available retail space featuring oversized windows and storefronts with uniquely designed architecture. The space’s layout is geared toward a 3,859 square foot restaurant with a patio area and a 2,177 square foot marketplace. Phase 1 plans to be completed and available the second quarter of 2024.
“Houston’s East End is comprised of some of the city’s most historic and culturally rich neighborhoods,” said Hannah Tosch, Senior Associate of Colliers. “We intend to be cognizant of the existing community while also preparing for the continuing gentrification of this developing part of Houston, as we are seeing the East End’s retail and mixed-use development really pick up. From both a design and merchandising perspective, we look forward to helping Triten curate a project that walks the line of East End’s history, but also its future.”
The Mill in Houston’s East End District will be a mixed-use development consisting of retail, office and multifamily space. When Phase 2 is completed, the independent retail partners will span 25,000 square feet amongst four retail spaces. The Class A office space will consist of six levels totaling 90,000 square feet.
The property is located in Houston’s Inner Loop East End retail submarket. The submarket contains 9.1 million square feet of retail space which is currently 96.8 percent occupied. 76,700 square feet of new retail delivered in the last twelve months and there is 126,000 square feet of retail space currently under construction in the submarket.
Triten Real Estate Partners is a full-service and vertically integrated real estate development and operating company. Founded in 2011, they now have offices in Dallas and Houston and are involved in many other opportunities across Texas. Triten and Radom Capital successfully co-developed M-K-T, a mixed-use development project located just north of Interstate 10 at the corner of Shepherd Drive and 6th Street in the popular neighborhood of The Heights in Houston.
About Colliers International Group Inc.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
