5 newquest kroger marketplace centers ......center marks the third dfw acquisition for newquest in...
TRANSCRIPT
5 NEWQUEST KROGER MARKETPLACE
CENTERS COMING SOON
New Developments Breaking Ground
Why NewQuest?
NewQuest Grand Parkway Developments
Tenant Representation
FALL 2014
Page 03
Page 05
Page 02Page 09
Page 15
01 ■ NEWQUEST PROPERTIES
NewQuest Properties has a portfolio exceeding $1 billion in assets and employs more
than 100 employees at its corporate headquarters in Houston, Texas. Having developed
over 100 neighborhood, regional, specialty and mixed-use shopping centers throughout
Texas since 2001, NewQuest owns projects from Corpus Christi to the Dallas/Ft. Worth
area and is currently expanding into Louisiana. NewQuest has a proven track record of
developing successful shopping centers in high-growth communities.
NEWQUEST PROPERTIES ■ 02
NewQuest experienced significant growth as evidenced
by several new retail developments, widespread
expansion of current projects, and the creation of new
business divisions under the NewQuest banner. As
Texas continues to outpace the nation economically,
NewQuest will capitalize on the positive business
environment found within the Lone Star State. To be built / in planning, design or development phase
Currently under construction
2,000,000 SF
600,000 SF
■ 500,000 SF total space available for lease
■ 600,000 SF under construction
■ 70+ active Tenant Rep accounts
■ 185 ready to build pad sites
■ Leases over 4.1MM SF of retail space
■ 86 third party centers leased by NewQuest
■ $1.41 billion in NewQuest owned assets
■ Completes 300+ leases per year
■ Over 100 sales transactions per year
■ 448 acres of improved commercial land available
■ 6.86MM+ SF of shovel-ready un-built space
Why NewQuest?
Closed on $180 MM worth of properties in 2014
Developed and financed over 2MM square feet of commercial real estate
Knowledge. Experience. Results.
03 ■ NEWQUEST PROPERTIES
NewQuest will welcome 5 new Kroger Marketplace
stores in the coming year. Kroger’s 123,000-square-foot
Marketplace store is a multi-department store offering
full-service grocery, pharmacy, fresh foods, and general
merchandise including apparel, furnishings, home
goods, small appliances and
jewelry. Each of these stores
will also feature a Kroger Fuel
Center.
New Kroger Marketplace Centers Coming to Texas
NEWQUEST PROPERTIES ■ 04
Continued on page 5
05 ■ NEWQUEST PROPERTIES
Fairfield MarketplaceCypress, Texas
This new 22 acre retail development will feature a new Kroger
Marketplace store and fuel center, as well as several pad sites and
approximately 30,000 SF of retail space. Fairfield Marketplace
is situated at the main entrance to one of northwest Houston’s
strongest 3,200 acre master-planned communities, Fairfield, in
Cypress, TX. The shopping center is conveniently located less
than 2 miles from the newly opened Grand Parkway, as well as
Houston Premium Outlet Mall featuring 145 stores. Construction
will begin mid 2015 with an estimated store open date of early
2016.
Marketplace at Ninety-SixLeague City, Texas
This exciting new project is a 36-acre retail development that will
feature a Kroger Marketplace, as well as several pad sites and
approximately 25,000 SF of retail space. Construction will begin
early 2016 with an estimated delivery date of early 2017.
Marketplace at Ninety-Six is situated at the main entrance to
one of League City’s strongest residential communities. Money
magazine named League City one of the 100 Best Small Cities
in America. League City’s proximity to Houston, The University
of Texas Medical Branch, and Johnson Space Center provides
exposure to the area’s major industry sectors while still being an
excellent place to raise a family. Marketplace at Ninety-Six is
located in League City, Texas, south of State Highway 518 and
just west of Interstate 45.
New Kroger Marketplace Centers
NEWQUEST PROPERTIES ■ 06
North Tarrant MarketplaceN. Richland Hills, Texas
North Tarrant Marketplace is a 220,219 SF development which
sits on the border between Colleyville and N. Richland Hills,
TX. Construction has begun on the 123,000-square-foot Kroger
Marketplace located at the southwest corner of North Tarrant
Parkway and Precinct Line Road. Kroger Marketplace will anchor
the shopping center development which will feature other retailers,
banks and restaurants. Only 6,000 SF of retail space and a
couple pad sites remain to be leased. The development consists
of eight pad sites total, Jr. box space, a Kroger fuel station and is
scheduled to open Spring 2015.
Shops at Katy ReserveKaty, Texas
Lantana Town CenterBartonville, Texas
Construction has begun on Lantana Town Center which is the
retail component of Republic Property Group’s award-winning
Lantana master-planned 1,780-acre golf course community in
southwestern Denton County. Lantana Town Center is located
along the newly widened FM 407, a major east-west arterial
linking I-35 E and I-35 W in Bartonville, TX. Slated for a May
2015 opening, the center will be anchored by a 123,000 SF
Kroger Marketplace alongside several pad sites, retail space
and a professional office building.
“Kroger’s 123,000-square-foot Marketplace
store is a multi-department store offering
full-service grocery, pharmacy, fresh foods,
and general merchandise including apparel,
furnishings, home goods, small appliances
and jewelry.”
Shops at Katy Reserve is a 33 acre, 286,074
SF mixed-used development located in Katy,
Texas, one mile south of Interstate 10 at the
southwest and southeast corners of FM
1463 and Spring Green Blvd. This project
is in close proximity to one of the largest
master-planned communities in the nation,
Cinco Ranch, and is also located adjacent
to a Toll Brothers’ new Katy community with
homes starting in the mid 400’s.
The development will welcome a 123,000
SF Kroger Marketplace store in mid 2015.
The center will also feature two multi-tenant
buildings on the southeast corner totaling
20,200 SF and 22,400 SF of retail on the
southwest corner.
New Kroger Marketplace Centers
07 ■ NEWQUEST PROPERTIES
Chambers Town Center recently welcomed a new Walmart Super Center
and is now leasing space at the intersection of I-10 and SH 146 in
Baytown, TX. With approximately 350,000 SF of new retail, anchored
by the Walmart Superstore and other big box retailers, this high-profile
development is the first major retail shopping center in east Houston’s
expanding Mont Belvieu community. The regional center capitalizes
on Mont Belvieu’s growing workforce and population, which have seen
exponential increases in conjunction with the area’s multi-billion dollar
refinery expansions.
Chambers Town Center
has establ ished a
foundation for a well-rounded tenancy with new tenants such as Showbiz
Cinemas, Whataburger, Chick-Fil-A, Methodist Hospital, Sport Clips, and
Mattress Firm. Tenants are attracted to the site’s excellent I-10 visibility and
ease of access. Negotiations are underway with additional retailers totaling
over 100,000 square feet, which will bring an unprecedented level of amenities,
services, and options to this East Houston market.
Chambers Town CenterBaytown, Texas
NewQuest Developments
Camp Forbing Town CenterShreveport, LA
Camp Forbing Town Center will be the first NewQuest development in Louisiana. This development will be anchored by a
120,000-square-foot national grocery chain and a state-of-the-art YMCA facility. It will also include a fuel center, restaurants and other
retail establishments.
Located on the northwest corner of East Flournoy Lucas at Ellerbe Road in Shreveport, the center will be situated on a portion of
Camp Forbing, a 47-acre camp the YMCA has operated since 1945. The open space is used as a summer day camp, but is not fully
utilized throughout the year. Camp Forbing Town Center enables the YMCA to modernize their facilities to better serve the surrounding
community. The 33,000-square-foot YMCA
facility will include new amenities such
as an indoor pool and a teaching kitchen
for nutrition classes, as well as the typical
features of a YMCA.
NewQuest wants to preserve some of the
Camp Forbing’s history, and therefore will
incorporate several current features into the
overall development. Portions of the Elvis
Presley pool, as well as stone wall from a
historic church site, will be preserved by
NewQuest. Camp Forbing Town Center is
scheduled to open in 2016.
NEWQUEST PROPERTIES ■ 08
NewQuest Developments
Carrollton Town CenterCarrollton, Texas
Currently undergoing a $7MM face-lift, Carrollton Town
Center marks the third DFW acquisition for NewQuest in the
past year. A major redevelopment of an existing 154,000 SF
center, Carrollton Town Center will be anchored by a new
50,000 SF 99 Ranch Market grocery store and will feature
extensive common-area enhancements and contemporary
storefront upgrades designed to create an exciting
destination to shop and dine.
Carrollton’s Town Center’s anchor, 99 Ranch Market, is the
country’s largest gourmet Asian supermarket chain, with
over 40 locations in California, Nevada, Washington and
Texas. Founded in 1984, 99 Ranch Market provides a wide
and diverse array of both specialty ethnic foods and more
traditional grocery items. The Carrollton location will be its
second store in the DFW market and its forth in Texas. 99
Ranch Market is scheduled to open early 2015.
Carrollton Town Center is located at the southeast corner of
President George Bush Turnpike and Old Denton Road.
09 ■ NEWQUEST PROPERTIES
NewQuest Grand Parkway Area Developments
Grand Morton Town Center is surrounded by a
residential market with the highest growth in the
country. The abundance of land tracts for residential
development and the Katy Independent School District
have been the catalyst for growth as and have provided
the area excellent opportunities in business, education,
healthcare, recreation and living. Chevron has under
contract 103 acres north of Grand Morton Town Center
for a future campus. The development is comprised of
85 acres at the northeast and southeast corners of
Grand Parkway and Morton Ranch Road in Katy, Texas.
Grand Morton Town CenterKaty, Texas
Grand Parkway Town CenterTomball, Texas
Grand Parkway Town Center will feature 370,072 SF
of retail and fifteen pad sites fronting Hwy 249 and the
future Grand Parkway in Tomball, Texas. Located just
13 miles from the new 385-acre Exxon Mobil World
Headquarters which is designed to accommodate
10,000 employees at completion. The project will be
anchored by a large scale grocer and bordered by
the future Grand Parkway, Hwy 249 and Boudreaux
Road.
The NewQuest developments of Grand Morton Town Center and Grand Parkway Town Center are
located along the newly opened extensions of the Grand Parkway (State Hwy 99). At completion, this 180+
mile circumferential scenic highway will traverse seven counties and encircle the Greater Houston region. The
now completed portions of the Grand Parkway serve as a natural thoroughfare for people traveling to and from
Cypress to Katy and onto the Energy Corridor. Grand Morton Town Center and Grand Parkway Town Center will
directly benefit from the increase in commuters traveling the Grand Parkway.
NewQuest Grand Parkway Area Developments
NEWQUEST PROPERTIES ■ 10
Recent Leasing TransactionsBoB Conwell
■ Leased 51,832 SF to First Choice ER at Brazos Town Center located at Hwy 59 and FM 762 in Rosenberg, TX
■ Leased 88,696 SF to Brewingz Sports Bar and Grill at Brazos Town Center located at Hwy 59 and FM 762 in Rosenberg, TX
■ Leased 1,343 SF to State Farm at Brazos Town Center located at Hwy 59 and FM 762 in Rosenberg, TX
■ And Rachael Keener leased the following at The Shops at Katy Reserve located at Spring Green and FM 1463 in Katy, TX:--4,200 SF to Katy Star Dental --1,400 SF to Postal Plus Copy Center --2,450 SF to Tender Touch Nails --1,050 SF to Great Clips --1,400 SF to Subway --2,450 SF and 1,050 SF to Vogue Cleaners and Alterations-- 1,750 SF to Royale Retreat Nail and Spa
■ And Brad Elmore leased 57,560 SF to Showbiz Cinema at Chambers Town Center located at I-10 and Hwy 46 in Baytown, TX
■ And Brad Elmore leased 2,100 SF to Nail Bar of Texas, Inc. at Chambers Town Center located at I-10 and Hwy 46 in Baytown, TX
■ And David Meyers leased 1,750 SF to Verizon Wireless at Saratoga Town Center located at Saratoga Blvd and Staples in Corpus Christi, TX
■ And David Meyers leased 2,100 SF to Pie Five Pizza Co at Spring Town Center located at FM 2920 and Kuykendahl in Houston, TX
■ And David Meyers leased 1,453 SF to TCBY Frozen Yogurt / Mrs. Fields at West 8 Crossing located at Beltway 8 and West Rd in Houston, TX
■ And Rebecca Le leased 1,320 SF to Alonzo McCarty at Inwood Forest Shopping Center located at Antoine and W. Little York in Houston, TX
■ And Rebecca Le leased 1,500 SF to Oreck Floor Care Center at Memorial and Kirkwood in Houston, TX
■ And Rachael Keener leased the following at Fairfield Marketplace located at Hwy 290 and Mason in Cypress, TX--4,113 SF to a dental office--1,400 SF to Postal Plus Copy Center
■ Leased 23,372 SF to Walgreens at Westheimer and Weslayan in Houston, TX
■ And Brad Elmore leased a pad site to Whataburger at Chambers Town Center located at I-10 and Hwy 46 in Baytown, TX
■ And Brad Elmore leased 3,000 SF to Pacific Dental at Eldridge Parkway Village in Houston, TX
■ Leased 1,747 SF to Royal Urgent Care at Brazos Town Center located at Hwy 59 and FM 762 in Rosenberg, TX
■ And David Meyers leased 2,138 SF to Low T Center at Holcombe Shopping Center in Houston, TX
DaviD K. Meyers
■ And Dean Lane leased 102,387 SF to Garden Ridge At Home at Stone Hill Town Center in Pflugerville, TX
■ And Bob Conwell leased 2,100 SF to Pie Five Pizza Co at Spring Town Center located at FM 2920 and Kuykendahl in Houston, TX
■ And Glenn Dickerson leased 5,545 SF to Rack Room Shoes at Creekside Town Center located at FM 306 and I-35 in New Braunfels, TX
■ And Brad Elmore sold a 16,929 SF building at Gessner and Beechnut in Houston, TX
■ And Bob Conwell leased 1,453 SF to TCBY Frozen Yogurt / Mrs. Fields at West 8 Crossing located at Beltway 8 and West Rd in Houston, TX
■ And Bob Conwell leased 2,138 SF to Low T Center at Holcombe Shopping Center in Houston, TX
■ And David Meyers leased 5,545 SF to Rack Room Shoes at Creekside Town Center located at FM 306 and I-35 in New Braunfels, TX
■ Leased 1,535 SF to The Joint at Spring Town Center in Houston, TX
Glenn DiCKerson
■ Represented the landlord in leasing 3,500 SF to Eyemart Express at Champions Stonebridge Shopping Center in Houston, TX
■ Leased 2,500 SF to Champion Smiles Pediatric Dentistry at Townwest Commons in Hutto, TX
Tal MCiver
Jon JaMison
■ And Rachael Keener leased 1,580 SF to Hot Breads at Center at Dunvale in Houston, TX
■ And Rachael Keener leased 4,395 SF to Floor
For Living at Westheimer and Gessner in Houston, TX
MereDiTh MCleoD-CoBB
■ Leased 1,155 SF to Total Nutrition at Sherman Town Center located at US Hwy 75 and Loy Lake Rd in Sherman, TX
11 ■ NEWQUEST PROPERTIES
Recent Leasing Transactions
■ With John Nguyen and Rebecca Le leased 3,750 SF to Mattress One at The Shops at Pearland Parkway located at FM 518 and Pearland Pkwy in Pearland, TX
■ And Caitlin Jones leased 1,379 SF to Conroe Eye Care at The HEB Shopping Center in Conroe, TX
■ And Caitlin Jones leased 1,200 SF to Great Clips at The HEB Shopping Center in Tomball, TX
■ And Caitlin Jones leased 2,452 SF to a dry cleaner at Woodland Plaza in Conroe, TX
■ And John Nguyen leased 60,250 SF to Spirit Halloween at Mason and Kingsland in Katy, TX
■ And John Nguyen leased 6,507 SF to a dental office at 3500 Little York Rd in Houston, TX
■ Leased 2,449 SF to Nail Bar of Texas at the HEB on Pearland Parkway in Pearland, TX
■ And Bob Conwell leased 1,320 SF to Alonzo McCarty at Inwood Forest Shopping Center located at Antoine and W. Little York in Houston, TX
■ And Rachael Keener leased the following at Cy Fair Town Center located at Hwy 290 and Spring Cypress in Cypress, TX:--4,200 SF to Massage Envy--1,260 SF to The Joint
■ Leased 1,500 SF to Amazing Lash Studio at Bay Colony located at FM 646 and I-45 in League City, TX
■ And Rachael Keener leased 1,930 SF to Pure Periodontics and Inplant Specialists at Cypress Village Station in Cypress, TX
■ And Bob Conwell leased 1,500 SF to Oreck Floor Care Center at Memorial and Kirkwood in Houston, TX
■ With John Nguyen and Heather Nguyen leased 3,750 SF to Mattress One at The Shops at Pearland Parkway located at FM 518 and Pearland Pkwy in Pearland, TX
■ And Josh Friedlander leased the following at Stone Hill Town Center located at SH 45 and SH 130 in Pflugerville, TX--8,166 SF to Five Below -- 1,252 SF to SuperCuts --4,675 SF to Panera Bread --4,117 SF to Jos A Banks --2,114 SF to T. Jin’s China Diner--1,400 SF to Domino’s Pizza
■ Leased 1,532 SF to Augustine Healthcare at Bay Colony Town center in League City, TX
■ Leased 3,750 SF to Huntsville Memorial Hospital at Sam Houston Town Center in Willis, TX■ Leased 1,400 SF to GNC at Sam Houston Town Center in Willis, TX
■ Leased 1,418 SF to South Texas Church of Nazarene at Hwy 290 and Fry Rd in Cypress, TX
heaTher nGuyen reBeCCa le
■ And Rachael Keener leased 3,769 SF to Methodist Primary Group at Cypress Village Station in Cypress, TX
■ Leased 43,124 SF to First Choice ER at Walker and FM 646 in League City, TX
■ And Rachael Keener leased 1,514 SF to Statice Print at Cypress Village Station in Cypress, TX
■ Leased 1,400 SF to SuperCuts at North Tarrant Marketplace located at N. Tarrant Pkwy and Precinct Line in N. Richland Hills, TX
■ Leased to the following tenants at Lantana Town Center located at FM 407 and Jeter Rd in Bartonville, TX--1,750 SF to Dickey’s BBQ Pit--1,400 SF to Terry’s Donuts--1,400 SF to SuperCuts
ryan sMiTh
John nGuyen
■ With Heather Nguyen and Rebecca Le leased 3,750 SF to Mattress One at The Shops at Pearland Parkway located at FM 518 and Pearland Pkwy in Pearland, TX
■ And Brad Elmore leased the following at Highland Plaza in Katy, TX--900 SF to Allstate Insurance--1,200 SF Flow Studio, LLC
■ Leased 5,000 SF to Vishala Indian Grocers at Commons on the Parkway in Houston, TX
■ Leased 9,475 SF to La Michoacana Meat Market at West Rd and Veterans Memorial in Houston, TX
■ And Brad Elmore leased 2,502 SF to Gymboree at Highland Plaza in Katy, TX
■ And Heather Nguyen leased 60,250 SF to Spirit Halloween at Mason and Kingsland in Katy, TX
■ And Heather Nguyen leased 6,507 SF to Rodeo Dental at 3500 Little York Rd in Houston, TX
■ And Cullen Kappler leased the following at Williams Trace Shopping Center in Sugar Land, TX --1,200 SF to a foot spa--1,200 SF to Unique Nails
NEWQUEST PROPERTIES ■ 12
■ And Rebecca Le leased 1,930 SF to Pure Periodontics and Inplant Specialists at Cypress Village Station in Cypress, TX
■ And Rebecca Le leased 3,769 SF to Methodist Primary Group at Cypress Village Station in Cypress, TX
■ And Jon Jamison leased 1,580 SF to Hot Breads at Center at Dunvale in Houston, TX
■ And Jon Jamison leased 4,395 to Floor For Living at Westheimer and Gessner in Houston, TX
■ And Bob Conwell leased the following at Fairfield Marketplace located at Hwy 290 and Mason in Cypress, TX--4,113 SF to a dental office--1,400 SF to Postal Plus Copy Center
■ And Rebecca Le leased the following at Cy Fair Town Center located at Hwy 290 and Spring Cypress in Cypress, TX:--4,200 SF to Massage Envy--1,260 SF to The Joint
■ And Bob Conwell leased the following at The Shops at Katy Reserve located at Spring Green and FM 1463 in Katy, TX:--4,200 SF to Katy Star Dental --1,400 SF to Postal Plus Copy Center --2,450 SF to Tender Touch Nails --1,050 SF to Great Clips --1,400 SF to Subway--2,450 SF and 1,050 SF to Vogue Cleaners and Alterations-- 1,750 SF to Royale Retreat Nail Spa
■ And Rebecca Le leased 1,514 SF to Statice Print at Cypress Village Station in Cypress, TX
raChael Keener
Recent Leasing Transactions
■ Leased 1,172 SF to GNC at The Shops at Timberland Crossing located at Timberland Blvd and N. Beach St in Ft. Worth, TX
■ Leased 1,820 SF to Taste of Asia at The Shops at Timberland Crossing located at Timberland Blvd and N. Beach St in Ft. Worth, TX
■ And Cullen Kappler leased 1,000 SF to Fabulash Studio at Williams Trace in Sugar Land, TX
■ Leased 4,400 SF to The Fish Place at Township Square in Missouri City, TX
■ Leased 2,673 SF to Rilion Gracie Jiu-Jitsu Academy at Township Square in Missouri City, TX
■ Leased 2,800 SF to Red Wing Shoes at 4810 I-10 East in Baytown, TX
■ And Rebecca Le leased the following at Stone Hill Town Center located at SH 45 and SH 130 in Pflugerville, TX--8,166 SF to Five Below --1,252 SF to SuperCuts --4,675 SF to Panera Bread --4,117 SF to Jos A Banks --2,114 SF to T. Jin’s China Diner--1,400 SF to Domino’s Pizza -- 50,693 SF pad to Andy’s Custard
■ Leased at Easton Commons located at Hwy 6 and West Rd in Houston, TX:--5,835 SF to Beauty Empire--2,362 SF to West Oaks Music Studio--3,159 SF to FJ Liquor--5,173 SF to Pet Club--6,087 SF to UFC Gym
Josh FrieDlanDer
BraD elMore
■ Leased 5,950 SF to Tungsten Staffing at The Market at Hunting Bayou located at I-10 and Holland in Houston, TX
■ Leased 6,160 SF to Boiling Cajun at Parkway Shops in Tomball, TX
■ Leased 2,100 SF to Goodwill Donation Center at Windcliff Town Center located at Jones Rd and Cypress N. Houston in Houston, TX
■ And John Nguyen leased the following at Highland Plaza in Katy, TX--900 SF to Allstate Insurance--1,200 SF Flow Studio, LLC
■ And David Meyers sold a 16,929 SF building at Gessner and Beechnut in Houston, TX
■ Leased 1,820 SF to Batteries and Bulbs at Parkway Shops in Tomball, TX
■ And John Nguyen leased 2,502 SF to Gymboree at Highland Plaza in Katy, TX
■ Leased 1,050 SF to Labor Smart, Inc at the Market at Hunting Bayou in Houston, TX
■ And Bob Conwell leased 57,560 SF to Showbiz Cinema at Chambers Town Center located at I-10 and Hwy 46 in Baytown, TX
■ And Bob Conwell leased a pad site to Whataburger at Chambers Town Center located at I-10 and Hwy 46 in Baytown, TX
■ Leased 1,494 SF to Karney’s Tutoring at The Colonnade at West lake Houston in Houston, TX
■ Leased 1,500 SF to LN Boutique at The Colonnade at West lake Houston in Houston, TX
■ And Bob Conwell leased 3,000 SF to Pacific Dental at Eldridge Parway Village in Houston, TX
■ And John Nguyen leased 1,400 SF to Cash Store at Jones Rd and Cypress N. Houston in Houston, TX
13 ■ NEWQUEST PROPERTIES
NewQuest Divisions
NewQuest Crosswell, a division of NewQuest Properties, is a privately
held real estate development and investment firm focused on build-to-
suit development programs for retail, industrial and healthcare clients.
The goal is to work closely with clients to create an expansion program
that will enable them to meet their operational and growth needs. The
program allows clients to expand their businesses within their desired
market areas, without needing to commit the resources or the substantial
amounts of capital for land and construction costs. NewQuest Crosswell
offers seamless service to assure maximum efficiency with regard to
time, cost and quality.
NewQuest Crosswell has the expertise, flexibility and capital for each
client’s development needs. Acting as the client’s single point of contact, NewQuest Crosswell handles all development, financing
and construction activities. The team brings exceptional levels of experience to every aspect of the development process, from
site identification and market research through construction management and financing to ensure that each project is delivered on
time and on budget.
Build-to-suit Program
NewQuest Crosswell’s build-to-suit program is geared toward high growth, investment and sub-investment grade credit retailers,
restaurants, non-profit organizations, financial institutions, service and healthcare providers.
As a turnkey build-to-suit developer, NewQuest Crosswell acts as a single source of responsibility for both delivery and financing.
NewQuest Crosswell is self-funded and the capital invested is its own. The ability to finance the development, coupled with its
expertise to manage the development process, allows clients to focus on what they do best – operate their core business.
NewQuest Crosswell also offers the following services:
■ Sale-Leaseback
■ NewQuest Crosswell Capital
■ Financial and Advisory“The goal is to
work closely with
clients to create an
expansion program
that will enable
them to meet their
operational and
growth needs.”
NEWQUEST PROPERTIES ■ 14
Property Lines | Spring 2013 NewQuest Divisions
■ Easton Commons Shopping Center Houston, TX■ Paulding Commons Hiram, GA■ The Village at Aspen Park Conifer, CO■ Hoffman Village Shopping Center Hoffman Estates, IL■ Village Center Phoenix, AZ■ Prairie Point Aurora, IL■ Plaza North Omaha, NE
■ Deerfield Place Omaha, NE■ Silver State Sparks, NV■ Marketplace Independence, MO■ Hermiston Plaza Hermiston, OR■ Johnson Creek Happy Valley, OR■ Glidden Crossing DeKalb, IL
NewQuest Investment Company (NQIC), a division of NewQuest Properties, acquires existing grocery-anchored retail
centers in strategic markets nationwide. NQIC combines the strengths of a institutional investment organization with a
$1 billion, multi-faceted real estate development, leasing and management company to provide investors with a programmatic
national grocery-anchored acquisition platform. Thus far, NQIC has closed on thirteen projects:
2MM SFand
$250MM in value
Current
portfolio
consisting of
Tenant Representation
15 ■ NEWQUEST PROPERTIES
Matt Reed
Matt Reed, Dean LaneJay Sears, Jeff Hayes
Matt Reed, Dean Lane
Jay Sears, Jeff Hayes
Matt Reed, Jon Jamison Matt Reed
Matt Reed
Jeff Hayes, Tal McIverMatt Reed
Matt Reed Matt Reed
Matt Reed, Dean Lane
Tal McIver Heather Nguyen
h. Dean lane, Jr.■ And Matt Reed represented ULTA in leasing 11,871 SF at Richmond and Sage in Houston, TX
■ And Matt Reed represented Ross Dress For Less in leasing 27,689 SF at Ravenwood Village Shopping center in Huntsville, TX
■ And Matt Reed represented Ross Dress For Less in leasing 27,031 SF at Katy Mills in Katy, TX
MaTT reeD
■ And Jon Jamison represented Amazing Lash Studio in leasing 1,500 SF at Bay Colony located at FM 646 and I-45 in League City, TX
■ Represented Ross Dress For Less in leasing 22,000 SF at Steeplechase Shopping center in Houston, TX
■ And Dean Lane represented Ross Dress For Less in leasing 27,031 SF at Katy Mills in Katy, TX
■ Represented Petco in leasing 12,580 SF at FM 1093 and Spring Green Blvd in Katy, TX
■ Represented European Wax Center in leasing 1,836 SF at Champions Village in Houston, TX
■ Represented 99 Cent Only Stores in leasing 14,100 SF at 9333 Stella Link in Houston, TX
■ And Dean Lane represented Ross Dress For Less in leasing 27,689 SF at Ravenwood Village Shopping center in Huntsville, TX
■ Represented Taco Bell in leasing 14,650 SF on Hwy 59 in New Caney, TX
■ And Jon Jamison represented El Pollo Loco in leasing a pad site in Sugar Land, TX
Jon JaMison
■ And Matt Reed represented Amazing Lash Studio in leasing 1,500 SF at Bay Colony located at FM 646 and I-45 in League City, TX
■ Represented Creekside Urgent Care in leasing 1,887 SF at Lake Pointe Shopping center in The Woodlands, TX
■ And Rachael Keener represented West Houston ATA Martial Arts in leasing 3,268 SF at 10114 Burgoyne Rd in Houston, TX
■ And Jon Jamison represented El Pollo Loco in leasing a pad site in Sugar Land, TX
Tenant Representation
NEWQUEST PROPERTIES ■ 16
Size: 22,000 SFContact: Dean Lane, Matt Reed
Jon Jamison Hugh RugglesSize: 4,500–5,500 SFContact: Dean Lane, Matt Reed
Hugh Ruggles, Mac RugglesHugh Ruggles Bob Conwell
Matt Reed
Jeff Hayes, Tal McIver
Jeff Hayes, Tal McIver
Hugh Ruggles Size: 1,300–1,800 SFContact: Matt Reed, Jon Jamison
Hugh RugglesSize: 22,000 SFContact: Dean Lane, Matt Reed
Hugh Ruggles
Tal McIver Jeff Hayes Hugh Ruggles, Mac Ruggles
reBeCCa le
■ Represented Premium Eye Car in leasing 2,000 SF at Fairfield Town Center in Cypress, TX
BoB Conwell
■ Represented Yogo World Frozen Yogurt in leasing 1,300 SF at FM 518 and Pearland Pkwy in Pearland, TX
■ And Heather Nguyen represented SOZO Sushi Restaurant in leasing 3,832 SF at Boulevard Place in Houston, TX
heaTher nGuyen
■ And Bob Conwell represented SOZO Sushi Restaurant in leasing 3,832 SF at Boulevard Place in Houston, TX
■ And John Nguyen represented NAM - Noodle and More in leasing 2,400 SF at Hwy 288 and FM 518 in Pearland, TX
■ And John Nguyen represented LA Crawfish in leasing 2,400 SF at Willowbrook Plaza in Houston, TX
John nGuyen
■ Represented LA Crawfish in leasing 2,400 SF at Baybrook Gateway center in Webster, TX
■ And Heather Nguyen represented LA Crawfish in leasing 2,400 SF at Willowbrook Plaza in Houston, TX
■ And Heather Nguyen represented NAM - Noodle and More in leasing 2,400 SF at Hwy 288 and FM 518 in Pearland, TX
BraD elMore
■ And Mac Ruggles represented World of Beer in leasing 4,000 SF at Kirby and Hwy 59 in Houston, TX
Jon Jamison
Tenant Representation
John Nguyen
17 ■ NEWQUEST PROPERTIES
Rachael Keener Bob Conwell
Mac Ruggles Tal McIver Tal McIverMatt Reed
®
Size: 1,200–1,400 SFContact: Bob Conwell
Hugh Ruggles
Matt Reed Glenn Dickerson Glenn Dickerson
Size: 3,000–6,000 SFContact: Dean Lane, Matt Reed
Hugh Ruggles
EATS • DRINKS • SCENIC VIEWS
Hugh RugglesTal McIver, Jeff Hayes Size: 4,500–5,500 SFContact: Dean Lane, Matt Reed
Mac Ruggles
JeFF hayes
■ And Jay Sears represented Cinemark’s lease renewal at the Market at Hunting Bayou in Houston, TX
■ Represented Styles For Less in leasing 4,200 SF at Copperwood Village Shopping Center in Houston, TX
raChael Keener
■ Represented Smoothie King in leasing 1,190 SF at Memorial and Kirkwood in Houston, TX
■ Represented Smoothie King in leasing 1,050 SF on FM 518 and Sunset Village in Pearland, TX
■ And Jo represented West Houston ATA Martial Arts in leasing 3,268 SF at 10114 Burgoyne Rd in Houston, TX
MaC ruGGles
■ Represented Corner Bakery Cafe in leasing 4,000 SF at I-10 and Greenhouse in Houston, TX
■ And Brad Elmore represented World of Beer in leasing 4,000 SF at Kirby and Hwy 59 in Houston, TX
■ Represented Buffalo Wild Wings in leasing 4,500 SF at I-45 and Richey Rd in Houston, TX
■ Represented Corner Bakery in leasing 4,200 SF at Research Forest Lakeside Retail Center on Research Forest in The Woodlands, TX
huGh ruGGles
■ Represented Longhorn Steakhouse in leasing land 65,000 SF in IH-40 just east of Soncy Rd in Amarillo, TX
■ Represented Twin Peaks in leasing 7,000 SF at Park North Shopping Center, Loop 410 and San Pedro Ave in San Antonio, TX
Tenant Representation
Matt ReedHugh Ruggles
Matt ReedMatt ReedMatt Reed, Jon Jamison
MI DOCTORMI
DOCTOR
Tal McIver Matt ReedMatt Reed
Matt Reed
Matt Reed, Jon Jamison
Brad Elmore, Mac Ruggles
Hugh Ruggles
Hugh Ruggles
Matt Reed, Jon Jamison
NEWQUEST PROPERTIES ■ 18
eriC lesTin
■ Represented Café
Express in the negotiation
for demolition and
redevelopment of its 5,548
SF restaurant on McKinney
Avenue in Dallas, which will
become part of a multi-use project being
built on the site by Trammel Crow
■ Represented Kai Spa in the renewal of its
lease at 3601 Westheimer
■ Represented Liberty Tract 26, LLC in the
sale of 4 acres for a Stripes store in Liberty,
TX
■ With Neal Thomson represented BAE-
West U, LLC in negotiations for a Salata of
2,800 SF at Holcombe Shopping Center in
Houston, TX
■ With Neal Thomson represented Peli
Peli South African Grill in negotiations for
a 4,993 SF office warehouse at 8560 Katy
Freeway
■ With Neal Thomson represented Dredgit
Environmental for a 2,445 SF office at 701
North Post Oak
■ With Neal Thomson represented BAE-
River Oaks, LLC in negotiations for a
Salata at 1440 West Gray in River Oaks
■ With Neal Thomson represented Peli
Peli South African Grill for a 5,825 SF
restaurant in Galleria II, next to Del Frisco’s
■ With Neal Thomson represented Peli Peli
in the expansion of their restaurant and
the renewal of the lease at The Vintage in
Houston, TX
neal ThoMson
■ And Eric Lestin leased
2,445 SF at N. Post Oak
Blvd in Houston, TX
■ With Eric Lestin
represented Dredgit
Environmental for a 2,445 SF office at 701
North Post Oak
■ With Eric Lestin represented BAE-River
Oaks, LLC in negotiations for a Salata at
1440 West Gray in River Oaks
■ With Eric Lestin represented Peli
Peli South African Grill for a 5,825 SF
restaurant in Galleria II, next to Del
Frisco’s
■ With Eric Lestin represented Peli Peli
South African Grill in negotiations for a
4,993 SF office warehouse at 8560 Katy
Freeway
Josh Friedlander
19 ■ NEWQUEST PROPERTIES
Tenant Representation
Josh Friedlander Jon Jamison, Rachael Keener Rachael Keener Matt Reed Heather Nguyen
John NguyenSize: 1,200–1,400 SFContact: Bob ConwellHeather Nguyen Heather Nguyen, John Nguyen Jon Jamison John Nguyen
Size: 1,200–1,400 SFContact: Bob Conwell
Heather Nguyen, Rebecca Le Matt Reed, Jon Jamison Hugh Ruggles, Mac Ruggles
NEWQUEST PROPERTIES ■ 20
Tenant Representation
Tasi roTh
■ Represented DC Partners in the sale of a condominium at Astoria Condominiums in Houston, TX
ori BaTaGower
■ Represented Pasternak Interests III in the sale of 2515 Morse and 2512 Woodhead in Houston, TX
■ Represented ARBI Investment LP & SNA
Midtown Investment LLC in the sale of 2410 Hamilton St. and 2307 Chenevert St. in Houston, TX
■ Represented TapNak, L.P. in the sale of 3900 Dowling St. in Houston, TX
Tal MCiver
■ And Jeff Hayes represented Five Below in leasing 10,340 SF at Copperfield Village in Houston, TX
■ Represented Racetrac Petroleum in purchasing 1.52 acres at Eldridge Pkwy and West Rd in Houston, TX
21 ■ NEWQUEST PROPERTIES
BoB Conwell
■ And Jeff Lokey represented the seller in selling 28,917 SF at FM 2920 and Louetta in Spring, TX
JeFF hayes
■ And Jeff Lokey
represented Riddle
Holdings, Ltd in the sales
of 10 acres at the Grand
Parkway and Morton
Ranch Rd in Katy, TX
■ And Jeff Lokey represented Riddle
Holdings, Ltd in the sale of 56 acres at
the Grand Pkwy and Morton Ranch Rd in
Katy, TX
■ And Jeff Lokey represented Riddle
Holdings, Ltd., et.al., in the sale of 39
acres along the Grand Pkwy in Katy, TX
■ And Jeff Lokey represented Clay Road
628 Development, LP in the sale of 63
acres at the Grand Pkwy and Clay Rd in
Katy, TX
■ And Ori Batagower represented SEARCH Homeless Services in the acquisition of 1 acre at Chartres and
Congress in two separate transactions
neal ThoMson
■ And Brad LyBrand
represented the seller in
selling 1.79 acres on CR
59 in Pearland, TX
Land Sale Transactions
■ 7,468.9 Acres currently represented by NewQuest
■ $103,627,055 Closed sales in 2013
■ $189,582,079
Closed sales in 2014
JeFF loKey
■ Represented the seller
in selling 50 acres on
Bailey Rd in Tomball,
TX for a single family
development
■ And Bob Conwell represented the seller in selling 28,917 SF at FM 2920 and Louetta in Spring, TX
■ Represented the seller in selling 34.40
acres at FM 2920 and Stuebner Airline
in Spring, TX for a 500 unit multi-family
development
■ Represented the seller in selling 128.80
acres at FM 2920 and Stuebner Airline in
Spring, TX for a single family development
■ Represented the buyer in purchasing
170 acres at FM 2920 and Stuebner Airline
in Spring, TX
■ Represented the seller in selling a mini-
storage at Bandera St and at Gainesville in
Houston, TX
■ With Ryan Sweeney and Kyle Harris
represented the seller in selling 158 acres
on Klosterhoff in Rosenberg, TX
■ With Ryan Sweeney and Kyle Harris
represented the seller in selling 4,84 acres
on Rogers Court in Webster, TX
■ And Ryan Sweeney represented the
seller in selling 2.75 acres at Chimney
Rock and Main in Houston, TX
■ And Ryan Sweeney represented the
seller in selling 25.47 acres at Westpark
Tollway and Peek Rd in Houston, TX
■ And Ryan Sweeney represented the
seller in selling 20.93 acres on Wunderlich
Rd in Spring, TX
■ And Jeff Hayes represented Riddle
Holdings, Ltd. in the sales of 10 acres at
the Grand Parkway and Morton Ranch Rd.
in Katy, TX
■ And Jeff Hayes represented Riddle
Holdings, Ltd. in the sale of 56 acres at
the Grand Pkwy. and Morton Ranch Rd. in
Katy, TX
■ And Jeff Hayes represented Riddle
Holdings, Ltd., et.al., in the sale of 39
acres along the Grand Pkwy. in Katy, TX
■ And Jeff Hayes represented Clay Road
628 Development, LP in the sale of 63
acres at the Grand Pkwy. and Clay Rd. in
Katy, TX
■ Represented the seller in selling 14.83
acres on Loop 336 in Conroe, TX
■ Represented the seller in selling 5.35
acres at 5707 Louetta Rd in Spring, TX
NEWQUEST PROPERTIES ■ 22
FranK FiTzGeralD
■ Represented the buyer and seller on the purchase of land and a build-to-suit on Rankin Rd in Houston, TX
■ Represented both parties in the sale of 2.5 acres on East Sam Houston Pkwy for the development of a self-storage facility in Pasadena, TX
Land Sale Transactions
Dave raMsey
■ Represented the seller on the sale of 5.128 acres at the corner of JFK Boulevard and Green Road in Houston, TX
■ Represented the seller on the sale of 15.68 acres at the corner of Max Road and Cliff Stone Road in Pearland, TX
■ Represented the Landlord on the ground lease of the corner of Alabama and Fannin in Houston, TX
■ Represented the buyer on the ground lease of 9 acres on Fairbanks North Houston Road in Houston, TX
■ Represented the buyer on the purchase of 70 lots in Stone Creek Ranch Subdivision in Houston, TX
ryan sweeney
■ With Jeff Lokey and Kyle Harris represented the seller in selling 158 acres on Klosterhoff in Rosenberg, TX
■ With Jeff Lokey and Kyle Harris represented the seller in selling 4.84 acres on Rogers Court in Webster, TX
■ And Jeff Lokey represented the seller in selling 2.75 acres at Chimney Rock and Main in Houston, TX
■ And Jeff Lokey represented the seller in selling 25.47 acres at Westpark Tollway and Peek Rd in Houston, TX
■ And Jeff Lokey represented the seller in selling 20.93 acres on Wunderlich Rd in Spring, TX
■ Represented the seller in selling 17.59 acres at Colonial Lake Reserve in Missouri City, TX
■ Represented the buyer in purchasing 18.879 acres on Erntes in Katy, TX
ori BaTaGower
■ And Jeff Hayes represented SEARCH Homeless Services in the acquisition of 1 acre at Chartres and Congress in two separate transactions
■ Represented Summit Midtown, LLC in the purchase of .23 acres at 1812 McIlhenny St. in Houston, TX
Danny MCCorMaCK
■ Represented purchaser
on sale of 11.3 acres
at I-45 and S Ponds Dr
across I-45 from Baybrook
Mall in Houston, TX
■ Represented seller of 28 acres at 51st
and Springdale in Austin TX
■ Represented seller of Telge Plaza
12,000 SF shopping center at Telge and
Huffmeister in Cypress, TX
■ Represented purchaser of 1.5 acres at
Hempstead and Rayson in Houston, TX
■ Represented seller of 0.84 acres at
SWC of Baker Rd and I-10 in Houston, TX
BraD lyBranD
■ And Allen Crosswell represented the seller in selling 2 acres at US 290 and Mueschke to Cracker Barrel in Houston, TX
■ And Neal Thomson represented the buyer in purchasing 1.8 acres at Business Center Drive and CR 59 in Pearland, TX
■ And Allen Crosswell represented the buyer in purchasing 4.4 acres on Hwy 35 in Aransas Pass, TX
■ Represented the seller in selling 5 Acres on CR 59 to Fairbanks Group, LLC in Pearland, TX
■ And Allen Crosswell represented the seller in selling 4.66 acres on Broadway to Wal-Mart Real Estate Business Trust in Pearland, TX
■ And Allen Crosswell represented the seller in selling 20 acres on McHard Road to Alliance Realty Partners, LLC in Pearland, TX
■ And Allen Crosswell represented the seller in selling 1.8 acres on Broadway to Baath Investments, LLC in Pearland, TX
■ Represented the seller in selling 2.05
acres at Kirby and CR 59 in Manvel, TX
23 ■ NEWQUEST PROPERTIES
Development News
■ Hawaiian Falls Water/Adventure Park
This 25 acre, $21M
location adjacent to Stone
Hill Town Center is the
largest park to date by
Hawaiian Falls and draws
approximately 300,000+
visitors annually.
■ A $210 million Arista Data Center in Pflugerville on 50 acres
of land will be located diagonal to Stone Hill. The 500,000 SF
campus will host up to six buildings, and is expected to bring
at least 170 jobs to the community over 10 years.
■ Orion Stone Hill - a large Class A, 370 unit Mediterranean
style, multifamily project is located adjacent to the
development. Additional multi-family units will soon start
construction in Phase II at Stone Hill Town Center.
Stone Hill Town Center Welcomes Several New Tenants Pflugerville, Texas
Stone Hill Town Center’s tenant mix is vibrant and growing
steadily. The most recent phase added 157,000 SF to
the existing 750,000 SF. Anchor tenants now include
At Home by Garden Ridge, Cinemark Theater, 24 Hour
Fitness, Home Depot, Dick’s Sporting Goods, a 184,000
SF SuperTarget, Bealls, Ross, St. David’s Emergency
Center, Petco, Office Depot and Best Buy.
In the past year, this 196 acre master-planned
development welcomed new tenants including Kirkland’s,
The Children’s Place, Hallmark, Charming Charlie’s, The
Salons at Stone Hill, LaVida Massage and many more.
The center will ultimately comprise 1,000,000+ SF of retail space, as well as a hotel and professional offices. Stone Hill Town Center is
located 12 miles northeast of Austin at the southwest corner of State Highway 130 and State Highway 45. State Highway 130 is a toll
road now runs from Austin to Interstate 10 in Seguin, just east of San Antonio. This is the first 85 MPH highway in Texas.
Restaurant Row features 22,000+ SF of space leading
to Cinemark Theater, and is a prime location for
restaurant concepts including Shogun Japanese Grill
& Sushi Bar, Fro Yoo Frozen Yogurt, Morelia Mexican
Grill and Russo’s New York Pizzeria. Chili’s and IHOP
are the latest additions to Restaurant Row.
Restaurant Rowat Stone Hill
NEWQUEST PROPERTIES ■ 24
The growth at New Braunfels Town Center at Creekside does not show any signs of slowing down. The newest phase, consisting
of 260,000 SF, is the size of many new developments across the country. This 600 acre shopping center development already hosts
national retailers such as Target, Best Buy, JC Penney, Ross Dress For Less, Petsmart, and Dick’s Sporting Goods. Ulta Beauty and
Cosmetics, TJ Maxx, Spec’s Liquors and Fine Foods, Belk, Hobby Lobby, Five Below and Charming Charlie are also now open. Willie’s
Ice House, Steak N’ Shake, Las Palapas and Shogun Japanese Grill and Sushi Bar were recently added to the already impressive mix
of well-known restaurants open in Creekside.
Additional development includes:
Development NewsNew Braunfels Town Center at Creekside Continues to Grow New Braunfels, Texas
■ The Mansions at Creekside is a luxury, 400 unit apartment
community adjacent to Creekside Town Center. This $35M
project was developed by Western Rim Property Services.
Phase II of the mutil-family section is also underway.
■ Resolute Health, an affiliate of Vanguard Health System,
recently opened their 375,000 SF regional health and wellness
campus at Hwy 306 and FM 1101 next to Creekside Town Center.
The 56-acre campus offers various health and wellness related
facilities with 120 beds (with expansion ability to over 300 beds).
■ Buc-ee’s Convenience Store is located across FM 306, and
at 68,000 SF, stands as the biggest Buc-ee’s ever built with a
total of 120 gas pumps.
■ NewQuest also anticipates the addition of a comprehensive
nursing facility on the land near the new Resolute campus.
Several medical office buildings are planned to accommodate
physician offices and medical-related services affiliated with this
growing medical regional hub.
Development News
25 ■ NEWQUEST PROPERTIES
Brazos Town Center Rosenberg, Texas
Brazos Town Center in an award winning 546 acre master-
planned development that integrates 2,000,000 SF of retail and
entertainment with single family, multi family and senior living -
all interconnected with parks, trail systems, lakes and fountains.
The development recently landed in a tie for the 30th largest
shopping mall in the nation by Esri Information System. The
center is located at Hwy 59 and FM 762 in Rosenberg, Texas and
has unique accessibility from Highway 59, FM 762 and Reading
Road.
The list of 110 tenants at Brazos Town Center is impressive
including Target, The Home Depot, Academy, Hobby Lobby,
Cinemark Theaters, JC Penney, Best Buy, Marshall’s, Michael’s,
Ulta Cosmetics, Charming Charlie, Memorial Hermann and Specs
Liquor and Fine Foods. Home Goods joined the center as well.
Additionally, Kroger operates its 123,000 square foot Marketplace
store - one of their first to open in Texas.
ALDI has plans for a new 650,000 SF distribution center and
divisional headquarters near Brazos Town Center. ALDI opened
more than a dozen new stores in the Houston area. In addition to
the new distribution center, ALDI opened a new store in Rosenberg
on Reading Road between FM 2218 and Interstate 59 adjacent to
Brazos Town Center. ALDI operates more than 1,200 US stores in
32 states, primarily from Kansas to the East Coast.
Brazos Town Center also offers a wide variety of restaurant and
dining options such as Olive Garden, Panera Bread, Freebirds,
Burger King, McAlister’s Deli, Panda Express Chick-Fil-A, Gringo’s
Mexican Restaurant, Texas Road House, Bullritos, Buffalo Wild
Wings, Sonic, Popeye’s, McDonald’s, Wing Stop, Cracker Barrel,
Shogun Japanese Grill and Sushi Bar, Chili’s, The Fish Place,
Pepperoni’s and TJin Diner and 5 Guy’s Burgers, Firehouse Subs,
59 Diner and Papa Murphy’s.
Perry Homes and DR Horton occupy the single-family development
portion of Brazos Town Center. Dolce Living is currently leasing
Phase II of their multi-family project at Brazos Town Center. Kilday
Realty constructed an 80 unit senior living development for adults
55 and over in Phase I of the development.
Brazos Town Center was designed to be an integral part of its
surrounding communities. The project received a Retail Landmark
Award by the Houston Business Journal. The Landmark Awards
recognize commercial real estate projects and developments that
make significant contributions to the Houston area landscape.
Development News
The fully leased Shops at Timberland Crossing, consists of 20
acres, 3 pad sites and 21,000 SF of additional retail space is
located at the northeast corner of Timberland Road and N. Beach
St. The center serves several master-planned communities
such as The Villages of Woodland Springs. The area around
Timberland Crossing has experienced tremendous growth in
local population and has more than doubled in the last decade.
A 100,000 SF Kroger Signature store anchors the development,
which includes a fuel center. The store features Texas-grown
produce, a full-service deli and bakery, open-air seafood market,
pharmacy, over 1,700 types of wine and a Starbucks with free
wi-fi.
Tenants joining Kroger are Bank of America, McDonald’s,
Reemo Cleaners, Elote Mexican Kitchen, Great Clips, Texas
State Optical, Ideal Dental, Pizza Hut, Tiger Martial Arts, Kountry
Donuts, Yummy Tummy Frozen Yogurt Lounge, GNC and
Legacy Nails.
The Shops at Timberland CrossingFt. Worth, Texas
NEWQUEST PROPERTIES ■ 26
Cypress Village StationCypress, Texas
Cypress Village Station is a unique center that combines living, shopping and transportation all in the same development at the northeast
corner of Highway 290 and Skinner Road in Cypress, Texas. As the first transit-oriented development in the Houston area, Cypress Village
Station includes 79,550 SF of retail, a 1,500-space parking structure, 40,000 SF of office space and 273 luxury apartments located above
the retail and office space.
Young Leaders Campus leases more than 8,000 SF on the second level at Cypress Village Station and recently added a play structure for
both their clients and the apartment residents. Anothai Thai Cuisine and Hannah’s Cafe now provide additional dining options at Cypress
Village Station.
Red Onion will also be joining the development. They relocated
to Cypress Village Station from their long-time location on Hwy
290 and Pinemont due to the expansion of the freeway.
As the first “public/private partnership”, Metro operates its
Park & Ride facility at Cypress Village Station. With a four-story
shared-use garage, this development captures a steady flow of
commuter traffic making it a convenient destination shopping
center for the area.
The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way,
warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties.
This information is subject to change without notice.
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040
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