The following article is based on our exclusive list of the top US retail real estate developers, specifically focusing on retail property developers from Texas.
The list contains several valuable data points, such as general contact details and the names of the management. We also indicate the real estate development focus of the listed firms (e.g. residential, office, hospitality, retail, etc.). The list is available for immediate download as an Excel file via our online shop. You might also be interested in our list of the top US retail real estate investors.
In Texas, the development of retail real estate is a multifaceted undertaking that extends beyond the construction of shopping centres. It encompasses the creation of destinations that function as the social and economic hubs of rapidly expanding communities. From the vibrant urban corridors of Dallas and Houston to the rapidly expanding suburbs around Austin and San Antonio, developers in the state are reimagining retail as part of vibrant, mixed-use environments. The state’s favourable business climate, robust population growth and diverse consumer markets have made Texas a prime location for retail expansion. Developers in Texas are integrating national brands, local businesses, and lifestyle experiences into well-designed commercial spaces that reflect the character of the communities they serve.
One of the most prominent real estate developers in Texas, Hines has played a leading role in global retail development since 1957. The firm has developed, acquired, and managed over 18 million square feet of retail space worldwide, with 15 million square feet completed and 2.7 million square feet currently under development. A standout project in the retail and mixed-use category is Fenton, a 92-acre, retail-led destination in Cary, North Carolina, developed in partnership with Columbia Development Group and Affinius Capital. The project is the first of its kind in the Raleigh-Durham submarket, combining retail, entertainment, residential, office, and hospitality components. Hines has also been behind two of the most ambitious urban mixed-use developments globally: CityCenterDC in Washington, D.C., and Porta Nuova in Milan, Italy—further underscoring the firm’s global leadership in transformative, city-shaping retail environments.
List of the 5 largest retail real estate developers from Texas
In the following, you can find an overview of the most important retail property developers from Texas:
| Name | City | Investment Focus | Assets under Management |
|---|---|---|---|
| Hines | Houston | Residential, Office, Retail, Logistics, Light Industrial, Hotels / Hospitality, Care | > $50bn |
| NewQuest | Houston | Residential, Office, Retail, Light Industrial,Care | > $1bn |
| Centennial | Dallas | Retail | n.a. |
| Harwood International | Harwood | Residential, Office, Retail, Hotels / Hospitality | n.a. |
| Sandalwood Management, Inc | Austin | Residential, Office, Retail | n.a. |
Image source: Gabriel Tovar
