History

RockStep, formerly Weiner Development Corporation, was founded in 1997 and is headquartered in Houston, Texas.

From 1984 to 1997 Andy Weiner, president of Rockstep Capital, managed all aspects of operations for Weiner Stores, a chain of 159 clothing stores with operations in Texas and Louisiana. His responsibilities included store operations, real estate, logistics, human resources, systems, finance and corporate strategy.  Weiner developed a deep understanding of the retailing industry along with strong market knowledge in both urban and rural markets.

Rockstep Milestones

1997

1997

Weiner Development Corporation (WDC) starts in Houston, Texas as a shopping center development, leasing, acquisition, and management company.

2000

2000

WDC opens Louetta Central, a 475,000 square foot center with a Wal-Mart Supercenter, Kohls, Ross, Michaels, and Famous Footwear located in Houston, TX.

2002

2002

WDC opens El Dorado MarketPlace, a 530,000 square foot center with a Sam’s, Kohls, Super Walmart, Babies R Us, David’s Bridal, and Bassett Furniture located in Houston, TX.

2003

2003

WDC opens Kemah MarketPlace phase 1, a 210,000 square foot center featuring a Super Wal-Mart located in Kemah, TX. Phase 2 was comprised of 100,000 square feet and opened in 2014.

2004

2004

WDC announces League City MarketPlace, a 325,000 square foot center featuring a Super Wal-Mart located in League City, TX.

2006

2006

WDC completes first Tractor Supply Store in Navasota, Texas

2007

2007

WDC purchases first turnaround center by purchasing the former Wal-Mart building in Plaquemine, Louisiana, and obtaining leases from Stage Stores and Tractor Supply Stores.

2008

2008

WDC purchases Cobre Valley Shopping Center in Globe, Arizona.

2009

2009

  • WDC completes its first Walgreens store in Thibodaux, Louisiana, and commences construction on its 10th Tractor Supply.
  • WDC commences construction on Tower Point College Station, a 525,000 square foot shopping center to be anchored by an HEB grocery store.
  • WDC commences the acquisition of mid-market opportunistic shopping centers.
  • WDC, along with partners Schlosser Development and Tim Crowley, commences construction of 14,000 sq.ft. medical office building in College Station, TX for Scott & White Hospital
2010

2010

  •  WDC, along with partners Schlosser Development and Tim Crowley, commence construction on an 88,000 square foot HEB in College Station Tower Point. Opened Fall 2010.
  • WDC purchases Pemberton Square Mall from CBL and an empty Kroger store in Vicksburg, MS
2011

2011

WDC purchases The Pines Mall from GGP in Pine Bluff, Arkansas.

2012

2012

WDC purchases the former Wal-Mart in Fort Stockton, Texas, and re-tenants the vacant building with Tractor Supply, Stage Stores, and Hibbett’s

2013

2013

  •  RockStep Capital forms with the purpose of allocating investment capital to income producing shopping centers in secondary markets and smaller communities throughout the United States.
  • RockStep Capital purchases Monument Mall in Scottsbluff, Nebraska, complete with former vacant Wal-Mart adjacent to the mall.
2014

2014

  •  RockStep Capital sells the Tractor Supply in Orange Texas.
  • RockStep Capital acquires the Eastwood Shopping Center in Cleveland Texas.
  • RockStep Capital acquires 50,000 square feet of a Kroger anchored shopping center in Starkville, MS.
  • RockStep Capital acquires a four mall portfolio across the Midwest including Hutchinson, KS, Aberdeen, SD, Hastings, NE, and Virginia MN.
  • Rockstep acquires St. Landry Plaza, — a 200,000 square foot shopping center in Opelousas LA
2015

2015

  •  RockStep Capital sells The Pines Mall.
  •  RockStep Capital purchases a shopping center in Alpine, TX.
  •  2015 – RockStep Capital purchases Hot Springs Mall in Hot Springs, AR.
  •  2015 – RockStep Capital purchases Kandi Mall in Willmar, MN.
2016

2016

  • Rockstep Capital purchases Bonita Lakes Mall and Crossing in Meridian, MS.
  • Rockstep creates Rockstep Value Fund I, a $50MM diversified portfolio of small-town American shopping centers.
  • Rockstep is under contract to purchase a 300,000 square foot shopping center in Mississippi that will close by year end.