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brian0123

More coming to Midtown!

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Posted (edited)

Here is a quote from Bellaire, in 2014 that explains what happened. This was from a post on HAIF.

 

The Thompson family, whose father founded 7-Eleven, attempted to take the company private back in the late 80's.  They overspent and borrowed too much money at too high an interest rate.  They lost the company soon after.  The 7-Eleven franchisee in Japan bought the company out of bankruptcy.  Many locations were sold to help pay for the acquisition.  Houston was sold.  San Antonio was sold.  Much of Texas was sold.

 

The Japanese franchisee still owns 7-Eleven.  There are over 10,000 locations in north america and over 50,000 worldwide.  Just not in Houston...............yet.

 

7-Eleven has made multiple acquisitions in the last 5 years.  One of the biggest was Tetco out of San Antonio.  About 175 stores mainly in San Antonio, Austin and Dallas.  The CL Thomas acquisition was mainly in the Austin area.  7-Eleven also bought the wholesale gasoline department from Tetco and now sells gasoline to non-7-Eleven stores.  A lot of those customers are in Houston.  

 

Don't expect 7-Eleven to open any stores in the Houston area.  7-Eleven's main emphasis right now is fresh food.  Their stores get deliveries 7 days per week from their distribution centers.  Fresh sandwiches, salads, donuts, etc.  They need to have a concentration of stores in an area to make it profitable to open a distribution center to handle the fresh food.  If you see an announcement that 7-Eleven has bought out someone with 75 stores or more in Houston, then expect the Slurpees to return.

 

Also, 7-Eleven announced that they want to franchise all of their stores.  They company operate some stores, but only long enough to clean them up, convert them to a 7-Eleven and then franchise them.

Edited by bobruss
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8 hours ago, Mattie said:

No, they just built one on Bay Area in Clear Lake. Not sure if it’s open yet 

 

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9 hours ago, Mattie said:

No, they just built one on Bay Area in Clear Lake. Not sure if it’s open yet 

 

Also stores in Sugar Land and Alvin that have been open a few months now. There's one in Spring coming soon too.

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5 hours ago, X.R. said:

Krispy Kreme! Yes! Big Gulps! The best!

 

The Midtown/Museum District is where its at baby, we're coming up! Best surprise of the year on HAIF.

 

 


Don't forget the free slurpees on 7/11 day..

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On 1/7/2020 at 10:50 PM, clutchcity94 said:


Will this be the first 7-11 in Houston? 

 

On 1/8/2020 at 5:53 AM, Mattie said:

No, they just built one on Bay Area in Clear Lake. Not sure if it’s open yet 

 

There is one at Townsen/1960 in Humble that's a new build that has looked 48 hours away from opening for almost a month. I wonder if they'll open a la Kohl's with a bunch of locations at once. No 7/11 signage up, but that's basically the only thing that's missing. 

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On 12/12/2019 at 9:03 AM, phillip_white said:

This building has been vacant for at least 3-4 years, so a car dealership is better than nothing. Just a little concerning that they didn't spell their own name correctly on the CO permit.

 

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The misspelling doesn't appear to have interfered with their opening. Delta Auto Alliance

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According to Yelp!, Advantage BMW service building (2101 San Jacinto) is closed.
Realtor signs have recently appeared, and a service bay entrance has been boarded up. 
Has anyone heard about a possible new tenant or redevelopment of this property?
 

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3 hours ago, dbigtex56 said:

According to Yelp!, Advantage BMW service building (2101 San Jacinto) is closed.
Realtor signs have recently appeared, and a service bay entrance has been boarded up. 
Has anyone heard about a possible new tenant or redevelopment of this property?
 

Ohh I really hope so.. this and the other one off main...it no offense against them just feel the area has evolved  past these places and could be put to better use...like restate 

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18 hours ago, dbigtex56 said:

According to Yelp!, Advantage BMW service building (2101 San Jacinto) is closed.
Realtor signs have recently appeared, and a service bay entrance has been boarded up. 
Has anyone heard about a possible new tenant or redevelopment of this property?

 

I believe they closed for construction/remodeling. They recently applied for a setback variance so not sure if this a major change to the existing structure or if they are adding an additional one.

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