The Woodlands: Mohr Capital Announces Retail Development

Bob Mohr

In The Woodlands, Mohr Capital, a Dallas-based real estate investment firm, has purchased the 7 Leguas Mexican restaurant property in The Woodlands for a redevelopment project

The redevelopment plan includes razing the 7 Leguas Restaurant building of FM 1488 and developing a freestanding structure consisting of a Chipotle Mexican Grill restaurant and a Regions Bank branch office.

“We are pleased to be working with top tier concepts and helping to facilitate their expansion,” said Rob Solls, Director of Retail Investments & Acquisitions for Mohr Capital. Solls handled the transaction for Mohr Capital. “This is a prime example of how Mohr Capital is continuing to target best-in-class fundamental real estate, where we believe there is an opportunity to extract value.”

Chipotle, a publicly traded restaurant operator, has 2,700 locations throughout the United States. Regions Bank, headquartered in Birmingham, Ala., has approximately $2 billion of assets, including more than 3,000 retail branches and standalone ATMs.

In The Mohr development firm is led by Bob Mohr, a 30, year industry veteran. The company acquires and develops office, industrial and retail throughout the U.S.