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Investment Criteria

What we buy

Small-bay flex and neighborhood retail

Allon Investments acquires small-bay flex industrial and neighborhood retail across Greater Houston, with a focus on the Bay Area and southeast Houston. We are a private, Houston-based owner, so we make decisions quickly and stay involved long after closing.

If you own or represent a property that fits, send it to us. We review every submission.

Why small bay

Space for the businesses that build Houston

Small-bay flex buildings are divided into units for contractors, trades, service companies, e-commerce sellers and growing local businesses. Our own parks lease everything from 210 SF offices to 10,000 SF warehouse bays, and that range keeps demand deep.

  • Many tenants and many industries, so no single tenant drives the rent roll
  • Businesses that need a door, a yard or a showroom, not just an office
  • Right-sized units for owner-operators who have outgrown a garage but do not need a big warehouse
Why neighborhood retail

Daily-needs centers close to home

We own retail centers where people shop, eat and get services every week. These tenants depend on being close to the customer, which makes the space hard to replace with a website.

  • Grocery-anchored and unanchored strip centers
  • Service, food and medical tenants that serve the surrounding neighborhoods
  • Hands-on leasing and management to fill vacancy and lift income
Acquisition criteria

What we are looking for

Property typeSmall-bay flex / industrial (multi- or single-tenant) and neighborhood retail centers (grocery-anchored or unanchored)
LocationGreater Houston, with a focus on the Bay Area and southeast Houston
Deal size$2M – $50M
StrategyValue-add and stabilized; in-place vacancy welcome
Deal sourcesOff-market and broker-marketed opportunities
Submit a deal

Have a property that fits?

Send us the basics and we will get back to you. An offering memorandum or rent roll helps us respond faster.

Phone713.828.9360
FocusSmall-bay flex · Neighborhood retail

Submit a deal

Goes straight to our acquisitions team.
Allon Website General Inquiry (Ronny 2026-10-28)
Retail & Flex Space

Find your next space

Retail centers and flex industrial parks across the Houston Bay Area.