By 1987 the mall was now owned by RREEF and underwent a 2 million dollar renovation. In July 1988 Baybrook Mall averaged a 96%-97% occupancy rate, commanded an average lease rate of $220 per square foot, had more than 160 stores, 1.2 million square feet of retail space, and parking for 5700 cars. With more than 500,000 people in its trade area, Baybrook's average shopper visited the mall more than 3 times per month, and spent an average of $84 each visit. These sales figures resulted in a 10% increase in revenue from the previous year. Retailers referred to Baybrook as "an A plus mall".