Harry L. Chambers of the Houston area plans to start building out the site in January 2003. His other eatery is located in the nearby FM 1960 submarket.
David L. Carter of Houston's Yancey-Hausman represented the buyer in the sale. Art DePue of Free & Associates of Tomball handled negotiations for the local seller, Ken D. Parr.
In the neighboring FM 1960 submarket, Noe Gonzales has opened a barber's shop in 1,600 sf at Cypresswood Plaza II, a 46,158-sf center at 18419 Kuykendahl Rd. Ace Schlameus and Jay Kyle, both of Grubb & Ellis Co.'s Houston office, negotiated the lease. The center, which is 91% leased, fetches $17.10 per sf gross.
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