Who we are

About us

Malabar Hill Capital is a Houston-based commercial real estate development firm specializing in the ground-up development of neighborhood shopping centers across high growth Texas markets. With more than 50 years of combined experience, the firm has established a reputation for delivering high-quality projects through disciplined execution, thoughtful site selection, and institutional development standards.

Malabar Hill Capital’s strategy is centered on securing prime parcels of commercially zoned land within and adjacent to established and rapidly growing master-planned communities. These locations benefit from built-in customer bases, efficient infrastructure, and controlled development environments, key drivers of long-term stability and value creation.

Malabar Hill Capital operates with a merchant-builder approach, developing assets at cost, leasing to high-quality national and regional tenants, and exiting at market value. This approach supports shorter execution timelines while maintaining a focus on disciplined underwriting and risk-adjusted outcomes.

Completed projects

under construction

Projects underway

Joint ventures completed

28 +

Active Projects

> 650 k sq.ft.

Retail Under Development

> 120 + Acres

Commercial Land Development

Awards & recognition

The Merits we have earned

2007

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ET Now Real Estate Awards
Most Promising Delivery

2010

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Design & Development Awards
Ideal Project Design

2011

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National Real Estate Awards
Best Luxury Company

2014

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Golden Globe Tiger Awards
Property of the Year

2019

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BAM Awards Real Best
Creative builder

2020

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Earned Awards
Ideal Project Design
Leadership

Meet with our amazing team members

Mounang Desai MD MBA

Fo-Founder & Managing Partner

Parvez “Chris” Merchant

Fo-Founder & Managing Partner

Why We Focus on Retail Development

We specialize in neighborhood shopping center developments, which generate stable income and high growth potential through:

Retail Follows Rooftops

We build inside high-growth master-planned communities where residential density already supports long-term daily-needs demand.

Development Creates the Greatest Value

By controlling projects from land acquisition through stabilization, we capture the value created during the highest-growth phase of the asset lifecycle.

Necessity Retail Is Durable

Our centers are anchored by service-oriented tenants that meet everyday needs and drive consistent, recurring traffic.

Repeatability Reduces Risk

We execute one highly disciplined development model across growth corridors, refining the process cycle after cycle.

Texas Is a Structural Growth Story

We focus on the Texas Triangle, where population growth, job creation, and housing expansion create sustained retail demand.