- Capital Retail Properties Developing the Shops at Spring Village Near the ExxonMobil Campus [Realty News Report]
- Investors Acquire Former Weatherford Campus North of Houston [Houston Chronicle]
- San Antonio-Based Valcap Group Acquires Multifamily Community in Katy [Realty News Report]
- Houston ISD Proposes Tearing Down 4 Elementary Schools Damaged by Harvey [Houston Chronicle]
- Kroger Marketplace Opening Jan. 26 Within the Grand Central Park Master-Planned Community [HBJ ($)]
- Inside WeWork’s 4-Story Galleria Location Opening Next Month [HBJ ($)]
- Viking Restaurant Ship & Shield That Took Over Byzantio’s Space Blames Closure on Harvey [Eater Houston; previously on Swamplot]
- Emmaline Replaces Former Teala’s Mexican Restaurant on West Dallas [HBJ]
- Sweet Paris Crêperie & Café Set To Open Locations in La Centerra at Cinco Ranch, The Woodlands Next Year [Houston Chronicle]
- City Considers Repurposing Part of Metro Property on McKee St. as Temporary Homeless Shelter [Click2Houston]
- Judge Signs Emergency Order Against Montrose Management District [Houston Chronicle]
- Can Mattress Firm Survive the Correction of Its Aggressive Growth? [Bisnow]
- Where Lyft Took Riders the Most in 2017 [abc13]
- Massive Mural of Underwater Sea Life Unveiled in Magnolia Park [Houston Public Media]
Photo of Mytiburger, 2211 W. 43rd St.: thranth via Swamplot Flickr Pool
Headlines
Re turning Metro lot into homeless encampment:
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That may be a great place for the dishoused to remain free range, but I detect a trend. It seems like we often co-locate the homeless and bike routes.
Re: Can Mattress Firm Survive?
I would bet dollars to donuts that Mattress Firm (Inc.) sells “dealerships” to not-so-bright investors, and how long they last will depend on how deep their pockets are. Personally, I think they have become a huge joke…
I did a little research on Mattress Firm … very interesting and possibly a scam. It is a South African company that has borrowed $150M from the European Common Bank at very favorable rates. The scam would be to open lots of stores and over estimate the value of the properties and the business they develop. The majority owners pocket huge salaries and bonuses then declare bankruptcy when the money dries up. Customers apparently aren’t needed, which explains a heck of a lot..
@WR: What part of that makes it look like a scam? The $150M loan or that it’s a subsidiary of Steinhoff International?
Re: Lyft’s Mosit Visited Places
JR’s is a gay bar, not a restaurant. I never really questioned the ‘Grill’ in their name. The only time I’ve seen food there was when some person randomly sold hot dogs one night.