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property LINES 15 14 7 NewQuest Properties Corporate Newsletter | Spring • Summer 2016 SHREVEPORT: New Retail Center To Serve High-End Community DALLAS: 99 Ranch Market Opens in Carrollton Town Center HOUSTON: Grand Parkway Spurs Growth and New Projects Fairfield Marketplace and Shops at Katy Reserve welcome Kroger to growing communities.

p r o p e r t y LINES - NewQuest Properties | Texas ...€¦ · Cypress, Texas The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s

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Page 1: p r o p e r t y LINES - NewQuest Properties | Texas ...€¦ · Cypress, Texas The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s

property LINES

15 14 7

NewQuest Properties Corporate Newsletter | Spring • Summer 2016

SHREVEPORT: New Retail Center To Serve High-End Community

DALLAS: 99 Ranch Market Opens in Carrollton Town Center

HOUSTON:Grand Parkway Spurs Growth and New Projects

Fairfield Marketplace andShops at Katy Reserve

welcome Kroger to growing communities.

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NewQuest Properties Corporate Newsletter | Spring • Summer 2016

property LINES

550,000 SF TOTAL SPACE

available for lease

70+ ACTIVE TENANT REPRESENTATION ACCOUNTS

1.3MM SF IN DESIGN AND CONSTRUCTION PIPELINE

164,000 SF OF SHELL CONSTRUCTION built in 2015

310 LEASE TRANSACTIONS in

2015

11.6 MM SF MANAGED BY NQ

(approximately 1,500 tenants)

Closed on 7 NEW DEVELOPMENT DEALS in 2015

94 RETAIL CENTERS exceeding

$1.7 BILLION in assets

193 AVAILABLE PAD SITES AND 269 ACRES OF IMPROVED LAND owned by NQ

SEPARATE ACQUISITION AND INVESTMENT DIVISIONS

EXPERIENCE MATTERS

WHAT’S IN STORE

4 KROGER MARKETPLACE NEWS

7 HOUSTON’S GRAND PARKWAY

8 STABLESIDE AT FALCON LANDING

9 HOUSTON DEVELOPMENT NEWS

12 CENTRAL TEXAS DEVELOPMENT NEWS

15 CAMP FORBING MARKETPLACE

17 NEWQUEST CROSSWELL

18 NEWQUEST INVESTMENT COMPANY

19 MEET THE TEAM

20 TOP BROKERS FOR 2015

21 TENANT REPRESENTATION PORTFOLIO

23 RECENT TRANSACTIONS

Leasing | Tenant Representation | Development

Land Brokerage | Acquisition | Property Management

newquest.com

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KROGER MARKETPLACE MAKES ITS MARK.

NewQuest opens Kroger’s newest concept in Texas and Louisiana

Kroger’s 123,000 SF Marketplace store is a multi-department

store offering full-service grocery, pharmacy, fresh foods,

and general merchandise. Each of these stores will also

feature a Kroger Fuel Center.

The Marketplace concept was first introduced in Texas

in 2009. Three additional Kroger Marketplace stores opened

last year in Katy, North Richland Hills and in Bartonville,

Texas. NewQuest welcomes several new Kroger Marketplace

stores this year, beginning with Fairfield Marketplace, which

opened in January 2016. Three more Marketplace stores are

slated to open by the end of the year. In addition, the first

NewQuest developed store in Louisiana will also open in

2016.

The Marketplace concept differs from the traditional

Kroger Signature Store concept by offering the following

departments:

• Apparel and Shoes

• Expanded Deli and Bakery

• Fresh Flowers

• Fred Meyer Jewelers

• Gourmet Cheese

• Expanded Grocery

• Health and Beauty

• Home Fashion

• Kitchen Place

• Toys

Spring • Summer 2016 | 4

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MARKETPLACE AT NINETY-SIX League City, Texas (Coming Soon)

NewQuest began construction on the first phase of

Marketplace at Ninety Six, a Kroger-anchored development

on 36 prime acres in League City. Western League City

has become a development hotspot, with the completion

of infrastructure projects geared toward facilitating

new growth.

Site work is underway at the intersection of TX 96/

League City Parkway and Hobbs Road, less than one mile

west of Interstate 45. The first phase will be positioned on

18.8 acres at the southeast corner of the intersection. The

123,000 SF Kroger Marketplace and 25,900 SF of small shop

space are slated to open in October 2016.

The site is two miles north of the first Cabela’s in

South Texas and midway between downtown Houston

and Galveston Bay and also neighbors a YMCA with

2,600 families on its membership roster. Demographics

within a two-mile trade area include an average annual

household income of $109,648 with a median age of 33. Key

to the site’s development strength is its location in Clear

Creek ISD, a top-ranked educational system attractive to

a growing residential population with strong disposable

incomes.

To date, Great Clips, a nail salon, T Jin’s China Diner,

League City Eye Center and El Dorado Mexican Restaurant

have pre-leased in-line space. The tenant base will be

focused on community needs, including quick-service

and casual dining restaurants, medical services and financial

institutions.

FAIRFIELD MARKETPLACE Cypress, Texas

The 22-acre Fairfield Marketplace development is situated at

the main entrance to one of northwest Houston’s strongest

master-planned communities, Fairfield, in Cypress, TX.

An eight-story Memorial Hermann Hospital is now under

construction immediately east of the project. Fairfield

Marketplace serves as the most convenient grocery store

for the 5,800 households in the Fairfield community. It

features a new Kroger Marketplace store, several pad sites,

approximately 30,000 SF of retail space and professional

office building.

Fairfield Marketplace is also located less than 2 miles

from the newly opened Grand Parkway and Simon Outlet

Mall.

SHOPS AT KATY RESERVE Katy, Texas

Thousands of West Katy residents are now shopping and

dining at the first grocery-anchored center in the heart of

their community, the Shops at Katy Reserve. The Kroger

Marketplace-anchored property opened October 2015 and

is located one-half mile south of Interstate 10.

The 39.8-acre Shops at Katy Reserve is situated on the

east and west sides of the FM 1463-Spring Creek Boulevard

intersection, one of the highest growth areas in the Greater

Houston metro and the nation. NewQuest has leased over

98% of the project’s 156,998 SF phase one and is rapidly

pre-leasing Phase Two’s mix of restaurant, retail and ground-

lease pad sites.

Coming on-line in tandem with Kroger on the western

side of the development will be 24-Hour Fitness, First

Choice ER, Wendy’s, Pet Supermarket, Great Clips and

Vision Source.

The project is surrounded by the single-family

communities of Reserve at Katy, Firethorne and Woodcreek

Reserve. To support the high-density residential

development in the western sector, the acclaimed Katy

ISD has opened a high school, junior high and elementary

school, all located within one mile of the Shops at

the Reserve.

LANTANA TOWN CENTER Bartonville, Texas

This new 123,000 SF Kroger Marketplace anchored

development is the retail component of Republic Property

Group’s Lantana master-planned 1,780-acre golf course

community in Denton County. Phase II of Lantana Town

Center, which will incorporate restaurants, office space and

retail , is now pre-leasing.

The Lantana Master Planned Community, awarded

Community of the Year by the Dallas Builder’s Association,

will have more than 4,000 homes at build-out. Located less

than 15 miles north of the DFW Airport, Lantana is an up-

scale neighborhood known for its affluent households.

Hollywood Feed, Tokyo Samurai and The Tutoring

Center recently joined Lantana Town Center. Starbucks,

Dickey’s BBQ and MedSpring are opening soon.

NORTH TARRANT MARKETPLACE N. Richland Hills, Texas

This Kroger anchored center is already off to a strong start

with limited remaining availability for additional tenants. The

development consists of eight pad sites, Jr. box space and

a Kroger fuel station. Chick-Fil-A, Whataburger, Wendy’s,

Chef Blythe’s Southern Bistro and Tokyo Sushi are just a few

of the tenants in this development. LA Fitness is coming

soon.

North Tarrant Marketplace is a 220,219 SF development

which sits on the border between Colleyville and N. Richland

Hills, Texas at N. Tarrant Parkway and Precinct Line Road. The

surrounding community boasts above-average household

income demographics.

KROGER MARKETPLACE MAKES ITS MARK. Spring • Summer 2016 | 6

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Cypress

Katy

Fulshear

Pearland

Pasadena

Baytown

Humble

Tomball

Alvin

SugarLand Missouri

City

LeagueCity

Westpark Tollway

Houston

Grand Parkway Town Center

Grand Morton Town Center

A

B

C

D

E

G

H

F-1

I-2

I-1

F-2

SEGMENT OPEN DATES

Segment A | Under Study

Segment B | Opening 2023

Segment C | Opening 2019

Segment D | Open 1994

Segment E | Open 2013

Segment F-1 | Open 2015

Segment F-2 | Open 2015

Segment G | Open 2015

Segment H | Opening 2019

Segment I-1 | Opening 2019

Segment I-2 | Open 2008

Construction is underway

to develop a $75 million

community lifestyle center, Stableside at Falcon Landing,

on the last remaining commercial tract of the King family’s

704-acre Arabian horse farm in Katy, Texas.

The property, which contained 1980s-era structures,

was the homestead of the late W.K. “Buck” King, a developer,

businessman and rancher who moved to the Houston area

from Kansas in 1935. Scraping of the 34.4-acre landmark site

has begun.

Located in the bullseye of the west Katy and Fulshear

trade area, a 102,473 SF Kroger Signature store will anchor

the first phase of Stableside at Falcon Landing, which will

front Katy’s Gaston Road between Greensbusch Road and

Falcon Landing Boulevard. Phase I includes 28,700 SF of

inline retail space, a 7,350 SF multi-tenant building and four

pad sites, each roughly one acre. The first phase will include

restaurants, salons, pet stores and the flagship location

of a publicly traded bank planning a two-story prototype

project.

New Community Lifestyle Center Coming to Katy

Phase II will be the project’s “destination” component,

featuring a 39,000 SF theater and oversized shared green

space with patio seating, architecturally inviting shade

elements and a water feature. Mick Granlund of Dallas-

based O’Brien & Associates Inc. is the lead architect.

Opening in December 2016, the center’s grocery

and entertainment anchor base will attract shoppers

from the numerous high-income neighborhoods that are

easily accessed by Gaston Road, Greenbusch Road, and

Falcon Landing Boulevard. The trade area boasts 100,000

residents, of whom 70% are college graduates.

Stableside at Falcon Landing is equidistant to

Interstate 10, Grand Parkway, Westpark Tollway and FM

1463. Located directly across the street is Katy ISD’s

6-A Tompkins High School, which has well-attended

athletic and extra-curricular events and the capacity for

4,500 students.

LONE STAR STATE OF THINGS: Houston Area Spring • Summer 2016 | 8

The future NewQuest developments of Grand Morton Town

Center and Grand Parkway Town Center are located along

the newly opened extension of the Grand Parkway (State

Hwy 99) just west of Houston, Texas. 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 and

Sugar Land to Katy and into the Energy Corridor. Grand

Morton Town Center and Grand Parkway Town Center will

directly benefit from the increase in commuters traveling

the Grand Parkway.

GRAND MORTON TOWN CENTER Katy, Texas

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 acclaimed Katy

ISD have been the catalysts for growth.

The center will be anchored by a Kroger Marketplace, a

Walmart, 150,000 SF of retail space and 20 pad sites.

Comprised of 85 acres, Grand Morton Town Center sits at

both the northeast and southeast corners of Grand Parkway

and Morton Ranch Road in Katy, Texas.

GRAND PARKWAY TOWN CENTER Tomball, Texas

Grand Parkway Town Center will feature 370,072 SF of

retail and 15 pad sites fronting Hwy 249 and Grand Parkway.

The site is located just 13 miles from the new 385-acre

Exxon Mobil World Headquarters which is designed to

accommodate 10,000 employees at final completion. The

project will be anchored by both a large scale grocer and

a wholesale club, and will be bordered by Grand Parkway,

Hwy 249 and Boudreaux Road.

GRAND PARKWAY AREA DEVELOPMENTS

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Firm. Negotiations are underway for more than 100,000 SF

of additional retail space, which will bring an unprecedented

level of amenities, services and options to the Baytown /

Mont Belvieu market.

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.

Rico’s Mexican Grill recently opened at Cypress Village

Station and occupies a prime space with excellent Hwy 290

signage.

Young Leaders Campus leases more than 8,000 SF

on the second level at Cypress Village Station. Anothai

Thai Cuisine and Hannah’s Cafe now provide additional

dining options.

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.

LONE STAR STATE OF THINGS: Houston Area

HOUSTON AREA DEVELOPMENTS

CHAMBERS TOWN CENTERBaytown, Texas

Chambers Town Center is the first major retail center in east

Houston’s expanding Baytown/Mont Belvieu community. The

regional center will ultimately have 350,000 SF of new retail

anchored by a Walmart superstore and other big box brands.

The regional center capitalizes on the area’s

growing workforce and population, which have seen

exponential increases in conjunction with the area’s multi-

billion-dollar refinery expansions. The development

site has excellent visibility and access to Interstate 10,

offering one of the strongest retail opportunities in

the market.

NewQuest has established the foundation for a well-

rounded tenancy. Signed tenants to date are Showbiz Cinemas,

Freddy’s Frozen Custard and Steakburger, Whataburger,

Chick-Fil-A, Methodist Hospital, Sport Clips and Mattress

Spring • Summer 2016 | 10

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Stone Hill Town Center Area Updates

• 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 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, multi-family project is located

adjacent to the development. Additional multi-family

units have started construction in Phase II.

CENTRAL TEXAS DEVELOPMENTS

NEW BRAUNFELS TOWN CENTER AT CREEKSIDENew Braunfels, Texas

The growth at this development 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, CBQ Smokehouse, Las

Palapas, Newk’s and Shogun Japanese Grill and Sushi Bar

were added to the already impressive mix of well-known

restaurants open in Creekside.

STONE HILL TOWN CENTERPflugerville, 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.

LONE STAR STATE OF THINGS: Central Texas

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.

BRAZOS TOWN CENTERRosenberg, Texas

Brazos Town Center is 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 landed in a tie for the

30th largest shopping mall in the nation by Esri Information

System.

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.

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.

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.

LONE STAR STATE OF THINGS: Houston Area Spring • Summer 2016 | 11 Spring • Summer 2016 | 12

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CARROLLTON TOWN CENTER Carrollton, Texas

A $7MM redevelopment of an existing 154,000 SF center,

Carrollton Town Center is anchored by a new 50,000 SF 99

Ranch Market grocery store and features 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. The Carrollton location is its second store in the DFW

market and its 4th in Texas.

Current and future tenants at Carrollton Town Center

include Daiso, Gen Korean, Kula Sushi, Hanabi Ramen, Kung

Fu Tea, Todays’ Comfort, Snowy Village and Dan Sung Sa.

Carrollton Town Center is located at the southeast corner

of President George Bush Turnpike and Old Denton Road.

The location is significant in that more than 95,000 cars

per day travel President George Bush Turnpike. The active

population within the trade area is an impressive 623,000+

people.

NewQuest also closed on the southwest corner, which

will add a professional office building and several pad sites

to the development.

Taiwan’s top coffeehouse, 85°C

Bakery Cafe, selected Carrollton

Town Center in North Dallas for its

first store in Texas with a planned

summer opening.

“This is a huge win for us.

We’ve been chasing this deal for three years,” says Heather

Nguyen, Director of Business Development. “And, 85°C is

only coming to Texas because of Carrollton Town Center.”

The 85°C Bakery Cafe chain has more than 800 stores

in China, Australia, Hong Kong, the U.S. and its homeport

of Taiwan. Serving specialty espresso coffee made from

premium Guatemalan beans and gourmet desserts, the cafe

offers as a five-star experience at not so five-star prices. Its

philosophy is coffee’s flavor is best maintained at a steady

temperature of 85°C, thus giving birth in 2004 when the

first store opened in Taipei, Taiwan, to a now-established

name. Its U.S. focus, until now, has been California, where

it’s opened 10 stores since 2008.

The cafe feature more than 60 varieties of freshly baked

items. The menu includes decorative cakes, pastries and

freshly baked loaves of Japanese, Taiwanese, European-

style, Danish and gourmet breads and rolls as well as

specialty teas of hot, iced and frozen treats.

Asian-Inspired Shopping and Dining at Carrollton Town Center

LONE STAR STATE OF THINGS: North Texas Spring • Summer 2016 | 14

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LOUISIANA’S LATEST

CAMP FORBING MARKETPLACEShreveport, Louisiana

Currently under construction, Camp Forbing Marketplace

is NewQuest’s first development in Louisiana. Along with a

123,000-SF Kroger Marketplace, a proposed state-of-the-

art YMCA facility will anchor the project.

The development site is part of the 47-acre Camp

Forbing, which has been owned/operated since 1945 by the

YMCA. The center will bring vibrant retail and restaurants

as well as a two-story office building to an under-served

area of Shreveport. Site work has begun at the northwest

corner of East Flournoy Lucas at Ellerbe Road.

The design of Camp Forbing Marketplace offers a

unique planned development incorporating key elements

of a community center with interconnected lighted

pedestrian walkways and outdoor seating surrounded by

natural landscaping. It will be the first commercial Planned

Unit Development in the city. The design is the result of

collaboration with Shreveport officials and community

leaders. Camp Forbing Marketplace is scheduled to open in

late 2016.

Spring • Summer 2016 | 16

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CURRENT PORTFOLIO CONSISTING OF:

1.2 MILLION SF

$140MM in VALUE

7 PROPERTIES

Spring • Summer 2016 | 18

NewQuest Crosswell, a division of NewQuest Properties,

is a privately held real estate development and investment

firm specializing in larger retail development opportunities.

Leveraging over 50 years combined experience and deep

market relationships, NewQuest Crosswell invests in joint

ventures and for its own account through a broad platform of

real estate ownership and development services to provide

exceptional risk-adjusted returns to investors. Regardless

of the deal’s size, sophistication or challenge, NewQuest

Crosswell’s style is straightforward, direct and responsive.

BUILD-TO-SUIT PROGRAM NewQuest Crosswell’s build-to-suit program is geared

towards high growth, investment and sub-investment

grade credit retailers, restaurants, non-profit organizations,

financial institutions, service and healthcare providers. The

program allows clients to expand their businesses within

their desired market areas without needing to commit

resources or substantial amounts of capital for land and

construction costs. As a turn-key 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.

NewQuest Investment Company (NQIC), a division of

NewQuest Properties, acquires existing grocery-anchored

retail centers in strategic markets nationwide. NQIC

combines the strengths of an institutional investment

organization with a $1.4 billion, multi-faceted real estate

development, leasing and management company to provide

investors with a programmatic national grocery-anchored

acquisition platform.

NQIC PROJECTS:

Paulding Commons | Hiram, GA

Prairie Point | Aurora, IL

Deerfield Place | Omaha, NE

Silver State | Sparks, NV

Marketplace | Independence, MO

Plaza North | Omaha, NE

Hoffman Village Shopping Center | Hoffman Estates, IL

NEWQUEST DIVISIONS

“Our goal is to work closely with clients to create an expansion program that will enable them to meet their operational and growth needs.”

CURRENT DEVELOPMENTS

Northwest Park Crossing -Houston, TX• 4 acre development project

• Tenants include: Raising Cane’s, First Choice Medical,

Wendy’s and Hotel Bella

Slim Chickens - Houston, TX • 5 unit build-to-suit development program

• Completed the development for two locations in Katy and

Spring, Texas

• Upcoming sites in Cypress, Deerbrook and Pearland

• Sold Katy property in March 2016

Shadow Creek Ranch - Pearland, TX• 40 acre mixed-use development in Pearland, TX

• 5.47 acre ground lease with large national hospital

• Retail pads sold to Panda Express and Hooters

Conroe Waterfront Center - Conroe, TX• 115 acre Master Planned Mix-Use Development

• 14 acre with 60,000 SF office building sold to international

company in 4Q15

Academy—D’Iberville, MS• 7.55 acre built-to-suit development

• Located in major retail center, Lakeview Village

South Shore Retail—Austin, TX• 5 acre development project

• Tenants include: Walgreens, Starbucks, Chipotle and AT&T

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Spring • Summer 2016 | 20Spring • Summer 2016 | 19

Ashley Williams Austin Alvis Bob Conwell Brad Elmore Brad LyBrand

Chris Dray Danny McCormack

Dave Ramsey Frank Fitzgerald Glenn Dickerson Heather Nguyen Hugh Ruggles

Jeff Lokey Jeffrey Hayes John Nguyen Jon Jamison Josh Friedlander

Juan Carlos Alonso

Mac Ruggles

Matt Reed Meredith McLeod-Cobb

Neal Thomson Ori Batagower Rachael Keener Rebecca Le

Rob Whitaker Shireen Owlia

Austen Baldridge

MEET THE TEAM TOP BROKERS 2015

DAVE RAMSEYTop Overall Producer and Top Land Broker

Dave Ramsey specializes in the acquisition and disposition

of large residential and mixed-use properties. With more

than 32 years of experience in the real estate industry, Dave

has been involved in transactions totaling more than 11,000

acres of property. Dave is consistently listed among the

“Heavy Hitters in Commercial Real Estate” in the Houston

Business Journal. He graduated from The University of Texas

at Austin with B.S. degrees in Real Estate and Marketing.

MATT REEDTop Retail Broker

Matt Reed joined NewQuest in 2004 and specializes in

Tenant Representation. He has been in the real estate

business since 2002 and has been named a Houston

Business Journal “Heavy Hitter” five times, and an “MVP”

in 2010 and 2011.

He was awarded the Top Retail Broker by NewQuest

last year. His clients include Ross Dress for Less,

PETCO Animal Supplies, Dick’s Sporting Goods, Sears,

ULTA Cosmetics, Lane Bryant, 99 Cents Only, Yum Brands,

European Wax Center, Mi Doctor, Smiley Dental, an

Cartridge World. Matt is a graduate of the United States

Military Academy with a degree in Mechanical

Engineering, and a member of the International Council of

Shopping Centers.

JEFFREY S. HAYESTop Hybrid Broker

Jeffrey S. Hayes, along with his business partner,

Juan Carlos Alonso, has represented both national

and local retailers and investors throughout the

Houston market. Hayes’ areas of expertise include

tenant representation, retail, land and project development.

Focused on long-term, full-service relationships with

key retailers, his clients have included 24 Hour Fitness,

Children’s Learning Adventure, Verizon Wireless, Capital

One Bank, RaceTrac Petroleum, TCBY, Five Below,

Jiffy Lube, and Styles For Less. Hayes has advised and

represented retailers in the site selection, market analysis

and purchase and/or lease negotiations in all of the major

sub markets throughout the Houston area and South Texas.

AUSTIN ALVISRookie of the Year

Austin Alvis joined NewQuest Properties in 2014 and

specializes in development, project leasing, and tenant

representation. A native Houstonian, Austin leans on

market knowledge to assist clients in site selection and

strategic expansion. Developments and acquisitions are

focused in both growth areas and under-served markets,

ranging from single pad sites to neighborhood grocery-

anchored centers.

Mark Lindsey

Caroline Howell

Retail LeasingTenant Representation

Land BrokerageDevelopmentAcquisition

ConstructionProperty Management

Page 12: p r o p e r t y LINES - NewQuest Properties | Texas ...€¦ · Cypress, Texas The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s

Spring • Summer 2016 | 22TENANT REPRESENTATION PORTFOLIO

FITNESS

THEATER

BEAUTY

MEDICAL

FINANCE

OTHER

RETAILERS

MI DOCTORMI

DOCTOR

RESTAURANTS

EATS • DRINKS • SCENIC VIEWS

®

Kubo’sSushi Bar & Grill

Page 13: p r o p e r t y LINES - NewQuest Properties | Texas ...€¦ · Cypress, Texas The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s

Spring • Summer 2016 | 24RECENT TRANSACTIONS

LEASING TRANSACTIONS

Brazos Town Center

Hwy 59 and FM 762 in Rosenberg, TX

Bob Conwell leased 81,888 SF ground lease to El Pollo Loco

Bob Conwell and Meredith McLeod-Cobb leased 1,260 SF

to The Tutoring Center

Bay Colony

I-45 and FM 646 in League City , TX

Rebecca Le ground leased 55,936 SF to Jason’s Deli

Carrollton Town Center

Bush Turnpike and Denton Rd in Carrollton, TX

Heather Nguyen, John Nguyen, Meredith McLeod-Cobb

leased

• 3,111 SF to Kula Revolving Sushi Bar

• 14,326 SF to Today Comfort

• 1,125 SF to Snowy Village

John Nguyen and Meredith McLeod-Cobb leased 5,771 SF to

85C Bakery Cafe

Chambers Town Center

I-10 and SH 146 in Baytown, TX

Bob Conwell and Brad Elmore leased

• 2,450 SF to Verizon

• 1,584 to H & R Block

Cross Creek Commons

FM 1463 and Fry Rd in Fulshear, TX

Bob Conwell and Rachael Keener leased 2,800 SF to Allure

Nail Spatique

Cypress Village Station

US 290 and Skinner Rd in Cypress, TX

Rebecca Le and Rachael Keener leased

• 1,177 SF to Beitler CPA

• 900 SF to Edward Jones

• 895 SF to Mobile ER

Fairfield Marketplace

US 290 and Mason Rd in Cypress, TX

Rachael Keener and Bob Conwell leased

• 2,800 SF to Texas Children’s Urgent Care

• 2,603 SF to Strong Vision

• 1,400 SF to Bahama Bucks

• 38,005 SF ground lease to Wendy’s

Grand Morton Town Center

Grand Parkway and Morton in Katy, TX

Josh Friedlander and Rebecca Le leased

• 2,450 SF to Tender Touch Nails

• 2,800 SF to Grand Morton Animal Hospital

• 4,200 SF to My Kids Dentist & Orthodontics

• 1,050 SF to Great Clips

• 1,400 SF to SuperCuts

• 1,400 SF to Subway

• 1,400 SF to Sports Clips

• 1,400 SF to Postal Plus Copy Center

• 3,500 Deluxe Nails and Spa

• 2,800 SF to Japanese restaurant

Grand Parkway Town Center

Grand Parkway and Hwy 249 in Tomball, TX

Austin Alvis and Brad Elmore ground leased 39,265 SF to First

Choice Emergency Room

Lantana Town Center

FM 407 and Jeter Rd in Bartonville, TX

Josh Friedlander leased

• 3,150 SF to MedSpring and

• 2,200 SF to Stabucks

Market at Hunting Bayou

I-10 East and Holland Avenue in Houston, TX

Brad Elmore leased

• 21,164 SF to Halloween City

• 20,977 SF to Pahouhja Enterprises

Marketplace at Ninety-Six

League City Parkway and Hobbs Rd in League City, TX

Rebecca Le leased

• 2,450 SF to Nail Bar of Texas

• 1,950 SF to League City Eye Center

• 3,150 SF to El Dorado Mexican Restaurant

• 2,330 SF to Dental Etc.

• 48,914 SF ground lease to Forefront ER

New Braunfels Town Center at Creekside

I-35 and FM 306 in New Braunfels, TX

Glen Dickerson and David Meyers ground leased 43,940 SF to

Panda Express

North Tarrant Marketplace

North Tarrant Parkway and Precinct Line Rd in North Richland

Hills, TX

Josh Friedlander leased

• 3,500 SF to Mattress Firm

• 3,150 SF to Banfield

Sherman Town Center

Hwy 75 and Loy Lake Road in Sherman, TX

Meredith McLeod-Cobb leased

• 2,450 SF Sleep Number

• 1,395 SF to a nail salon

• 8,400 SF ground lease to Select ER

Shops at Katy Reserve

FM 1463 and Spring Green in Katy, TX

Bob Conwell and Rachael Keener leased

• 1,400 SF to Kumon

• 1,400 SF to Wonder Lash

• 37,000 SF ground lease to 24 Hour Fitness

• 1,400 SF to Vision Source

• 66,484 SF ground lease to Wendy’s

• 1,400 SF to Pumped Nutrition

Spring Town Center

FM 2920 and Kuykendahl in Spring, TX

Bob Conwell and Ashley Williams leased 1,400 SF to

Beauti4Skin

Bob Conwell and David Meyers ground leased

• 42,347 SF to Zaxby’s

• 47,884 SF to Freddy’s Frozen Custard and Steakburgers

Stableside at Falcon Landing

Gaston RD and Falcon Landing in Katy, TX

Austin Alvis and Brad Elmore leased

• 1,050 SF to Vogue Cleaners and Alterations

• 3,500 SF to Deluxe Nails and Spa

• 1,400 SF to Sports Clips

• 2,800 SF to Ideal Dental

• 1,050 SF to GNC

• 2,800 SF to Hand & Stone Massage and Facial Spa

Stone Hill Town Center

SH 130 and SH 45 in Pflugerville, TX

Josh Friedlander and Rebecca Le leased

• 1,898 SF to Amazing Lash

• 2,400 SF to Freebirds

• Ground lease to In N Out Burger

Texas City Professional Building

2501 Palmer Hwy in Texas City, TX

Ronnie Miranda leased 1,822 SF to C&I Engineering

Sherry Barnette leased 4,972 SF to Flour Enterprises

Townwest Commons

Hwy 79 and CR 119 in Hutto, TX

Meredith McLeod-Cobb lease 1,253 SF to Posh Nails

Victory Lakes

I-45 and FM 646 in League City , TX

Rebecca Le ground leased a pad to El Pollo Loco

Windcliff Town Center

Jones Rd and Cypress North Houston Rd in Houston, TX

Ronnie Miranda leased 484 SF to Within You Counseling Services

Page 14: p r o p e r t y LINES - NewQuest Properties | Texas ...€¦ · Cypress, Texas The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s

• Hugh Ruggles represented Whiskey Cake in purchasing

2.518 acres at the Grand Parkway and I-10 in Katy, TX

• Matt Reed and Jon Jamison represented El Pollo Loco in

ground leasing

» 21,423 SF at SWC Hwy 6 & West Rd in Houston, TX

» 34,952 SF at Silber & I-10 in Houston, TX

» 38,333 SF at SEC Cypresswood & Hwy 249 in

Houston, TX

» 36,701 SF at SEC Rice & Westpark in Houston, TX

» 32,776 SF at Shops at Spring Town Center in

Spring, TX

» 67,806 SF at FM 1093 & Grand Parkway in Katy, TX

» 35,533 SF at FM 518 & Pearland Parkway in

Pearland, TX

• Matt Reed represented Ross Dress for Less in leasing

» 20,853 SF at Eastex Shopping Center in Houston, TX

» 20,000 SF at Parkshire Center Limited in

Houston, TX

» 24,350 SF at Pasadena Town Center in Pasadena, TX

• Matt Reed represented European Wax Center in leasing

1,600 SF 3939 Dowlen Road in Beaumont, TX and 2,646

SF at FM 518 and Pearland Parkway in Pearland, TX

• Jon Jamison represented Creekside Urgent Care in

leasing 6,300 SF at Westgate Shopping Center in The

Woodlands, TX

• Chris Dray represented Sakowitz Furs in leasing 2,500 at

Boulevard Place in Houtson, TX

• Matt Reed and Jon Jamison represented Amazing Lash in

leasing 2,179 SF at Bunker Hill in Houston, TX

• Matt Reed represented Taco Bell in leasing 25,815 SF

in Spring Marketplace in Spring, TX and 18,500 SF at

Westheimer and Tanglewilde in Houston, TX

• Matt Reed represented Dick’s Sporting Goods in leasing

» 50,000 SF First Colony Mall in Sugar Land, TX

» 105,000 SF at Shoppes at Parkwest in Katy, TX

» 73,250 SF at Willowbrook Mall in Houston, TX

» 83,057 SF at The Woodlands Mall in

The Woodlands, TX

» 82,081 SF at Deerbrook Mall in Humble, TX

» 105,000 SF Baybrook Mall in Friendswood, TX

LAND SALES TRANSACTIONS

• Bob Conwell and Brad Elmore represented the seller

in selling 1.62 acres at The Reserve at Shadow Creek in

Pearland, TX

Spring • Summer 2016 | 26RECENT TRANSACTIONS

THIRD PARTY TRANSACTIONS

• Bob Conwell and Rebecca Le leased 11,450 SF to Dollar

Tree at Memorial and Kirkwood in Houston, TX

• Bob Conwell and Rebecca Le leased 1,973 SF to Golden

Chick at Westheimer and Fondren in Houston, TX

• Bob Conwell and Rebecca Le leased 9,400 SF to Gracie

Barra Jiujitsu at Westheimer and Fondren in Houston, TX

• Bob Conwell and Rebecca Le leased 1,400 SF to Luxe

Optical at 2518 Rice Blvd in Houston, TX

• Chris Dray leased 4,004 SF to Wholesale Lubricant

Services at 2101 Shepherd Drive in Houston, TX

• Josh Friedlander leased 3,796 SF to Gracie Barra Heights

at 4721 N. Main in Houston, TX

• Josh Friedlander leased 3,807 SF to Steelmill Gym at 4721

N. Main in Houston, TX

• Josh Friedlander leased 4,500 SF to Sherwin Williams at

7613 Katy Freeway in Houston, TX

• Josh Friedlander leased 3,783 SF to Gyu-Kaku at 11301

Katy Freeway in Houston, TX

• Josh Friedlander leased 2,491 SF to Sunshine Dental at

Ella Plaza in Houston, TX

• Rachael Keener and Jon Jamison represented the

landlord in leasing 1,416 SF to InsideScoop Frozen

Custard and Yogurt at the Center at Dunvale in Houston,

TX

• Bob Conwell and Brad Elmore represented the landlord in

leasing 42,060 SF to Bush’s Chicken at Bayshore Park

Plaza in Pasadena, TX

• Rebecca Le leased 1,750 SF to Amazing Lash at Cy-Fair

Town Center in Cypress, TX

• Ashley Williams and David Meyers leased 2,154 SF to

Sassy Nails and Spa at 14106 Mueschke Road in Cypress,

TX

• Ashley Williams and David Meyers leased 2,084 SF to

Remax Realty Center at 14106 Mueschke Road in

Cypress, TX

• Heather Nguyen and Caitlin Jones leased 1,397 SF to Sun

Loan Company at Loop 336 and Frasier in Conroe, TX

• Brad Elmore leased 3,000 SF to I Love Kickboxing in

Friendswood, TX

• Heather Nguyen leased 2,230 SF to Legend Nails at

Oyster Creek and Oak Drive in Lake Jackson, TX

• John Nguyen leased 1,430 SF to Brown Bag Deli at

Highland Knolls and Mason in Katy, TX

• John Nguyen and Heather Nguyen leased 2,500 SF to

Jinya Ramen Bar at Mason Park Plaza in Katy, TX

• John Nguyen leased 3,177 SF to CrossFit Doulos at

The Shops at Williams Trace in Sugar Land, TX

• Rebecca Le and John Nguyen leased 2,450 SF to Fusion

Lounge at The Center at Memorial in Houston, TX

• Rebecca Le and John Nguyen leased 2,850 SF to

Clear Lake Dermatology at Victory Lakes Shopping

Center in League City, TX

• Brad Elmore leased 6,300 SF to Halloween City at

Tomball Parkway Plaza in Tomball, TX

• Rachael Keener leased 4,558 SF to Hungry’s Bistro at

Villagio Town Center in Katy, TX

• Rachael Keener leased 1,690 SF to Vintage Hills Clothing

at Villagio Town Center in Katy, TX

• John Nguyen leased 40,000 SF to Halloween City at

West Oak Village in Houston, TX

TENANT REPRESENTATION TRANSACTIONS

• Rachael Keener and Jon Jamison represented Amazing

Lash in leasing 2,031 SF at 1501 University Drive E. in

College Station, TX and 1,930 SF at 14257 FM 2920 in

Tomball, TX

• Rachael Keener and Jon Jamison represented Peli Peli in

leasing 3,535 SF at 9090 Katy Freeway in Houston, TX

• Rachael Keener and Jon Jamison represented Express

Rolls in leasing 5,805 SF at 10950 Westheimer Rd in

Houston, TX

• John Nguyen and Heather Nguyen represented

NAM - Noodles and More in leasing 3,016 SF at Bay Area

Square in Houston, TX

• John Nguyen and Heather Nguyen represented Daiso in

leasing 9,600 SF at MacArthur Park in Irving, TX and

10,998 SF at Mason Park Plaza in Katy, TX

• John Nguyen and Heather Nguyen represented Citrus

Nails in leasing 2,400 SF at Baybrook Gateway in

Webster, TX

• John Nguyen represented LA Crawfish in leasing 3,750

SF at Westwood Center in San Antonio, TX

• Jeff Hayes represented Five Below in leasing 9,302 SF at

Deerbrook Shopping Center in Humble, TX and 8,164 SF

at Westchase Shopping Center in Houston, TX

• Jeff Hayes and Joan Carlos Alonso represented Verizon

Wireless in leasing 4,372 SF at Hwy 288 and Hwy 332 in

Lake Jackson, TX

• Bob Conwell and Brad Elmore represented the seller in

selling .65 acres at Hwy 288 and Discovery Bend in

Pearland, TX

• Brad Elmore represented the seller in selling 4 acres at

Beltway 8 and Pasadena Blvd in Pasadena, TX

• Chris Dray represented the seller in the sale of 4901-4917

N. Main in Houston, TX

• Chris Dray represented the seller in the sale of .12 acres

at 821 Algregg and .12 acres on Ralfallen St in Houston,

TX

• Chris Dray represented the buyer in purchasing .26 acres

at 1545 Heights Blvd in Houston, TX

• David K Meyers, Brad Elmore and Jeff Hayes represented

the seller in purchasing 67,518 SF at FM 1463 and Fry

Road in Fulshear, TX

• Heather Nguyen represented the buyer in purchasing

.951 acres at the Beltway and Tidwell in Houston, TX

• Jeff Hayes and Juan Carlos Alonso represented the buyer

in purchasing .90 acres at Parkside and Grand Parkway in

Katy, TX

• Frank Fitzgerald represented the seller in selling 30 acres

on Birnam Woods Drive in Houston, TX

• Jeff Lokey represented the seller in the sale of 8,886 SF

on SH 36 in Somerville, TX

• Jeff Lokey represented the seller in the sale of 5.28 acres

at 5434 Spring Cypress in Spring, TX

• Jeff Lokey represented the seller and buyer in the sale of

4.46 acres on Kuykendahl Road in Houston, TX

• Jeff Lokey represented the seller in the sale of 6.70 acres

on Ella Blvd in Houston, TX

• Jeff Lokey represented the seller in the sale of 9.94 acres

at 1069 Steubner Airline in Houston, TX

• Rob Whitaker represented the buyer in purchasing 3.35

acres on FM 1774 in Magnolia, TX

• Brad LyBrand and Allen Crosswell represented to land

owner in ground leasing 6 acres to a Rehabilitation

Hospital in The Reserve at Shadow Creek Ranch in

Pearland, TX

• Brad LyBrand and Allen Crosswell represented the buyer

in purchasing 45 acres on I-45 in Conroe, TX

• Dave Ramsey represented the seller in the sale of 488

acres to FedEx at Grand Parkway and West Road.

• Dave Ramsey represented the seller in the sale 1304

acres on FM 2100 in Highlands, TX

• Dave Ramsey represented the seller in the sale 716 Acres

at the corner of Penick & Berry in Waller, TX

Page 15: p r o p e r t y LINES - NewQuest Properties | Texas ...€¦ · Cypress, Texas The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s

Our quest is your success. Specializing in retail space leasing,

management, development, land brokerage,

investment sales and tenant representation,

NewQuest Properties is one of the premier

commercial real estate brokerage firms in

Texas and Louisiana.

Our dedicated team excels at meeting

your needs and exceeding all expectations.

From retail center development, leasing,

acquisition and financing to architectural

design, marketing, space planning, and

property management, NewQuest is an

expert at bringing your commercial project

vision to life.

10,746,775 SFOWNED

12,135,000 SFLEASED

11,718,969 SFMANAGED

Dallas / Ft. Worth Area

Greater Houston Metro

Corpus Christi

Shreveport

New Braunfels

Pflugerville