MetroNational is expanding outside of west Houston for the first time with the acquisition of the M-K-T mixed-use development in the Heights.

MetroNational, the Houston-based developer behind the 300-acre Memorial City mixed-use development, has entered into a joint venture partnership with M-K-T developers Radom Capital and Triten Real Estate Partners to complete the deal for the property, which blends retail, restaurants and boutique offices.

The terms of the transaction were not disclosed.

The 214,000-square-foot M-K-T development opened in 2021 and won the Mixed-Use category of the Houston Business Journal's 2022 Landmark Awards.

The project converted five 1970s warehouse buildings into a mixed-use destination along the Shepherd Drive corridor.

Designed by the acclaimed Michael Hsu Office of Architecture, which is based in Austin, the space includes approximately 100,000 square feet of Class A creative office space and over 100,000 square feet of retail and dining.

A 2,000-linear-foot pedestrian boardwalk connects the property directly to the Heights Hike-and-Bike Trail.

Radom Capital and Triten Real Estate Partners, which are both based in Houston, will remain active partners in M-K-T, ensuring a continuity of vision, leasing and operations, MetroNational said.

MetroNational said the acquisition establishes a new strategic direction for the company, which is centered upon partnership-driven growth in premier submarkets by leveraging relationships with top-tier operators to access high-quality opportunities beyond its core geography.


M-K-T serves as a flagship example of this evolving strategy, demonstrating how the company is scaling its platform through selective, aligned partnerships, MetroNational added.

MetroNational, which is known for developing and then holding premier properties, said it intends to apply the company’s long-term approach to M-K-T, prioritizing tenant experience, community engagement and continued occupancy growth.

"This asset embodies our commitment to investing in best-in-class developments that are both fundamentally strong and deeply connected to the communities they serve,” MetroNational President Scooter Hicks said in a statement. “Through our partnership with Radom Capital and Triten Real Estate Partners, we are preserving what makes M-K-T distinctive while establishing a forward-looking approach — collaborating with exceptional operators to thoughtfully expand our platform beyond Memorial City and continue fulfilling our mission of building better lives.”

M-K-T’s tenant roster includes Lululemon, Sweetgreen, Mendocino Farms, Ray-Ban and La La Land Kind Café alongside celebrated local concepts such as Anjouil's and Chloe Dao.

Last year, the development added three new lifestyle-oriented boutiques to its roster: Tijon Parfumerie, a French Caribbean-inspired fragrance store; MYX Blend Bar, which specializes in selling customizable lipsticks; and Training Mate, an Australian-inspired fitness concept.


In 2024, Houston-based Berg Hospitality opened a new soda fountain concept called Buttermilk Baby in the development, offering ice cream products by Carvel, a New York favorite known for its Fudgie the Whale cakes. Buttermilk Baby occupies a 3,100-square-foot space in Suite B-250.

Elsewhere, Radom Capital recently sold another high-profile mixed use project: Montrose Collective. Hines Glob­al Income Trust bought the property last summer, just a few years after it opened.

“It’s always hard to sell, especially when it’s a bigger project that you’ve put so much effort into,” Radom Capital Managing Principal Steve Radom told the Houston Business Journal at the time. “There is just so much involved, from designing a project that will be well received by the local community and the city, getting it to fit the financial model, make it profitable enough so that you can attract third-party equity, then getting the lender involved for the construction debt and then getting it stabilized with tenants — then when it is stabilized you have to focus on making the ongoing experience great for both visitors and tenants. It’s a lot of work.”