property LINES NewQuest Properties Corporate Newsletter | Spring • Summer 2016

Fairfield Marketplace and Shops at Katy Reserve welcome Kroger to growing communities.

15

SHREVEPORT: New Retail Center To Serve High-End Community

14

DALLAS: 99 Ranch Market Opens in Carrollton Town Center

7

HOUSTON: Grand Parkway Spurs Growth and New Projects

property LINES NewQuest Properties Corporate Newsletter | Spring • Summer 2016

EXPERIENCE MATTERS 550,000 SF TOTAL SPACE available for lease

70+ ACTIVE TENANT REPRESENTATION ACCOUNTS

WHAT’S IN STORE

4

KROGER MARKETPLACE NEWS

1.3MM SF IN DESIGN AND CONSTRUCTION PIPELINE

7

HOUSTON’S GRAND PARKWAY

164,000 SF OF SHELL CONSTRUCTION built in 2015



8

STABLESIDE AT FALCON LANDING



9

HOUSTON DEVELOPMENT NEWS

310 LEASE TRANSACTIONS

in

2015

12

CENTRAL TEXAS DEVELOPMENT NEWS

11.6 MM SF MANAGED BY NQ

15

CAMP FORBING MARKETPLACE

17

NEWQUEST CROSSWELL

DEALS in 2015

18

NEWQUEST INVESTMENT COMPANY

94 RETAIL CENTERS exceeding $1.7 BILLION in assets

19

MEET THE TEAM

20

TOP BROKERS FOR 2015

21

TENANT REPRESENTATION PORTFOLIO

(approximately 1,500 tenants) Closed on

7 NEW DEVELOPMENT

193 AVAILABLE PAD SITES AND 269 ACRES OF IMPROVED LAND owned by NQ SEPARATE ACQUISITION AND INVESTMENT DIVISIONS

23

RECENT TRANSACTIONS

newquest.com Leasing | Tenant Representation | Development Land Brokerage | Acquisition | Property Management

KROGER MARKETPLACE MAKES ITS MARK.

Spring • Summer 2016 | 4

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 Grocery

• Expanded Deli and Bakery

• Health and Beauty

• Fresh Flowers

• Home Fashion

• Fred Meyer Jewelers

• Kitchen Place

• Gourmet Cheese

• Toys

KROGER MARKETPLACE MAKES ITS MARK.

Spring • Summer 2016 | 6

MARKETPLACE AT NINETY-SIX

League City Eye Center and El Dorado Mexican Restaurant



Coming on-line in tandem with Kroger on the western

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

League City, Texas (Coming Soon)

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

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

of the tenants in this development. LA Fitness is coming

focused on community needs, including quick-service

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

soon.

NewQuest began construction on the first phase of

and casual dining restaurants, medical services and financial

Vision Source.



Marketplace at Ninety Six, a Kroger-anchored development

institutions.



on 36 prime acres in League City. Western League City has become a development hotspot, with the completion of

infrastructure

projects

geared

toward

facilitating

FAIRFIELD MARKETPLACE Cypress, Texas

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

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

project

single-family

which sits on the border between Colleyville and N. Richland

communities of Reserve at Katy, Firethorne and Woodcreek

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

Reserve.

surrounding community boasts above-average household

To

is

surrounded

support

the

by

the

high-density

residential

development in the western sector, the acclaimed Katy ISD has opened a high school, junior high and elementary

The 22-acre Fairfield Marketplace development is situated at the main entrance to one of northwest Houston’s strongest

school, all located within one mile of the Shops at the Reserve.

master-planned communities, Fairfield, in Cypress, TX. An eight-story Memorial Hermann Hospital is now under

LANTANA TOWN CENTER

construction immediately east of the project. Fairfield

Bartonville, Texas

Marketplace serves as the most convenient grocery store for the 5,800 households in the Fairfield community. It

This

features a new Kroger Marketplace store, several pad sites,

development is the retail component of Republic Property

approximately 30,000 SF of retail space and professional

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

office building.

community in Denton County. Phase II of Lantana Town



Center, which will incorporate restaurants, office space and

Fairfield Marketplace is also located less than 2 miles

new

123,000

SF

from the newly opened Grand Parkway and Simon Outlet

retail , is now pre-leasing.

Mall.



SHOPS AT KATY RESERVE Katy, Texas

incomes.

The

Kroger

Marketplace

anchored

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 upscale neighborhood known for its affluent households.

Thousands of West Katy residents are now shopping and



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

Center recently joined Lantana Town Center. Starbucks,

their community, the Shops at Katy Reserve. The Kroger

Dickey’s BBQ and MedSpring are opening soon.

Hollywood Feed, Tokyo Samurai and The Tutoring

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

North Tarrant Marketplace is a 220,219 SF development

NORTH TARRANT MARKETPLACE N. Richland Hills, Texas

intersection, one of the highest growth areas in the Greater Houston metro and the nation. NewQuest has leased over

This Kroger anchored center is already off to a strong start

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

with limited remaining availability for additional tenants. The

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

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

lease pad sites.

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

income demographics.

LONE STAR STATE OF THINGS: Houston Area Tomball

F-2

G

Grand Parkway Town Center

SEGMENT OPEN DATES

H

F-1

Humble Cypress

I-1

Katy Baytown

Houston

D

way ark Toll Westp

Pasadena

Fulshear

Sugar Land

I-2

Missouri City Pearland

League City

C

New Community Lifestyle Center Coming to Katy Construction is underway



to develop a $75 million

featuring a 39,000 SF theater and oversized shared green

Segment B | Opening 2023

community lifestyle center, Stableside at Falcon Landing,

space with patio seating, architecturally inviting shade

Segment C | Opening 2019

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

elements and a water feature. Mick Granlund of Dallas-

Segment D | Open 1994

704-acre Arabian horse farm in Katy, Texas.

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

Segment E | Open 2013





Segment F-1 | Open 2015

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

and entertainment anchor base will attract shoppers

Segment F-2 | Open 2015

businessman and rancher who moved to the Houston area

from the numerous high-income neighborhoods that are

Segment G | Open 2015

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

easily accessed by Gaston Road, Greenbusch Road, and

Segment H | Opening 2019

has begun.

Falcon Landing Boulevard. The trade area boasts 100,000

Segment I-1 | Opening 2019



residents, of whom 70% are college graduates.

Segment I-2 | Open 2008

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



the first phase of Stableside at Falcon Landing, which will

Interstate 10, Grand Parkway, Westpark Tollway and FM

front Katy’s Gaston Road between Greensbusch Road and

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

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

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

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

athletic and extra-curricular events and the capacity for 4,500 students.

Segment A | Under Study

Grand Morton Town Center

E

Spring • Summer 2016 | 8

A

Alvin

B

GRAND PARKWAY AREA DEVELOPMENTS

The property, which contained 1980s-era structures,

Located in the bullseye of the west Katy and Fulshear

The future NewQuest developments of Grand Morton Town

ISD have been the catalysts for growth.

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

Center and Grand Parkway Town Center are located along

The center will be anchored by a Kroger Marketplace, a

restaurants, salons, pet stores and the flagship location

the newly opened extension of the Grand Parkway (State

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

of a publicly traded bank planning a two-story prototype

Hwy 99) just west of Houston, Texas. At completion, this

Comprised of 85 acres, Grand Morton Town Center sits at

project.

180+ mile circumferential scenic highway will traverse seven

both the northeast and southeast corners of Grand Parkway

counties and encircle the Greater Houston region. The now

and Morton Ranch Road in Katy, Texas.

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

GRAND PARKWAY TOWN CENTER Tomball, Texas

directly benefit from the increase in commuters traveling the Grand Parkway.

Grand Parkway Town Center will feature 370,072 SF of retail and 15 pad sites fronting Hwy 249 and Grand Parkway.

GRAND MORTON TOWN CENTER

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

Katy, Texas

Exxon Mobil World Headquarters which is designed to accommodate 10,000 employees at final completion. The

Grand Morton Town Center is surrounded by a residential

project will be anchored by both a large scale grocer and

market with the highest growth in the country. The abundance

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

of land tracts for residential development and acclaimed Katy

Hwy 249 and Boudreaux Road.

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

Opening in December 2016, the center’s grocery

Stableside

at

Falcon

Landing

is

equidistant

to

LONE STAR STATE OF THINGS: Houston Area 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 STATION Cypress, Texas Cypress Village Station is a unique center that combines living,

HOUSTON AREA DEVELOPMENTS

shopping and transportation all in the same development at the northeast corner of Highway 290 and Skinner Road in

CHAMBERS TOWN CENTER

Cypress, Texas. As the first transit-oriented development in

Baytown, Texas

the Houston area, Cypress Village Station includes 79,550 SF of retail, a 1,500-space parking structure, 40,000 SF of

Chambers Town Center is the first major retail center in east

office space and 273 luxury apartments located above the

Houston’s expanding Baytown/Mont Belvieu community. The

retail and office space.

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



anchored by a Walmart superstore and other big box brands.

Station and occupies a prime space with excellent Hwy 290

The

regional

signage.

growing

workforce

center and

capitalizes

on

population,

which

the have

area’s seen



Rico’s Mexican Grill recently opened at Cypress Village

Young Leaders Campus leases more than 8,000 SF

exponential increases in conjunction with the area’s multi-

on the second level at Cypress Village Station. Anothai

billion-dollar

Thai Cuisine and Hannah’s Cafe now provide additional

refinery

expansions.

The

development

site has excellent visibility and access to Interstate 10,

dining options.

offering



one

of

the

strongest

retail

opportunities

in

As the first “public/private partnership”, Metro operates

the market.

its Park & Ride facility at Cypress Village Station. With a



NewQuest has established the foundation for a well-

four-story shared-use garage, this development captures

rounded tenancy. Signed tenants to date are Showbiz Cinemas,

a steady flow of commuter traffic making it a convenient

Freddy’s Frozen Custard and Steakburger, Whataburger,

destination shopping center for the area.

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

Spring • Summer 2016 | 10

LONE STAR STATE OF THINGS: Houston Area

Spring • Summer 2016 | 11

BRAZOS TOWN CENTER

Cinemark Theaters, JC Penney, Best Buy, Marshall’s, Michael’s,

Rosenberg, Texas

Ulta Cosmetics, Charming Charlie, Memorial Hermann and

LONE STAR STATE OF THINGS: Central Texas

Spring • Summer 2016 | 12

Specs Liquor and Fine Foods. Home Goods joined the center Brazos Town Center is an award winning 546-acre master-

as well. Additionally, Kroger operates its 123,000 square foot

planned development that integrates 2,000,000 SF of

Marketplace store - one of their first to open in Texas.

retail and entertainment with single family, multi family and



senior living - all interconnected with parks, trail systems,

development portion of Brazos Town Center. Dolce Living

lakes and fountains. The development landed in a tie for the

is currently leasing Phase II of their multi-family project at

30th largest shopping mall in the nation by Esri Information

Brazos Town Center. Kilday Realty constructed an 80 unit

System.

senior living development for adults 55 and over in Phase I of



the development.

The list of 110 tenants at Brazos Town Center is impressive

including: Target, The Home Depot, Academy, Hobby Lobby,

Perry Homes and DR Horton occupy the single-family

CENTRAL TEXAS DEVELOPMENTS

part of its surrounding communities. The project received a Retail Landmark Award by the Houston Business Journal. The

New Braunfels, Texas

Brazos Town Center was designed to be an integral

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.

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

Landmark Awards recognize commercial real estate projects and developments that make significant contributions to the

This 196-acre master-planned development welcomed

new tenants including Kirkland’s, The Children’s Place,

NEW BRAUNFELS TOWN CENTER AT CREEKSIDE





The growth at this development does not show any signs of

12 miles northeast of Austin at the southwest corner of State

slowing down. The newest phase, consisting of 260,000 SF,

Highway 130 and State Highway 45. State Highway 130 is

is the size of many new developments across the country.

a toll road now runs from Austin to Interstate 10 in Seguin,

This 600-acre shopping center development already hosts

just east of San Antonio. This is the first 85 MPH highway

national retailers such as Target, Best Buy, JC Penney, Ross

in Texas.

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

Stone Hill Town Center Area Updates

are also now open. Willie’s Ice House, CBQ Smokehouse, Las

• Hawaiian Falls Water/Adventure Park

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

This 25 acre, $21M location adjacent

were added to the already impressive mix of well-known

to Stone Hill Town Center is the

restaurants open in Creekside.

largest park to date by Hawaiian Falls and draws approximately 300,000+ visitors annually.

STONE HILL TOWN CENTER Pflugerville, Texas Stone Hill Town Center’s tenant mix is vibrant and growing steadily. The most recent phase added 157,000 SF to the

• 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.

existing 750,000 SF. Anchor tenants now include At Home

• Orion Stone Hill - a large Class A, 370 unit

by Garden Ridge, Cinemark Theater, 24 Hour Fitness, Home

Mediterranean style, multi-family project is located

Depot, Dick’s Sporting Goods, a 184,000 SF SuperTarget,

adjacent to the development.

Bealls, Ross, St. David’s Emergency Center, Petco, Office

units have started construction in Phase II.

Depot and Best Buy.

Additional multi-family

LONE STAR STATE OF THINGS: North Texas

Spring • Summer 2016 | 14

Asian-Inspired Shopping and Dining at Carrollton Town Center

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.

CARROLLTON TOWN CENTER

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

Carrollton, Texas

per day travel President George Bush Turnpike. The active population within the trade area is an impressive 623,000+

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

people.

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



Ranch Market grocery store and features extensive common-

will add a professional office building and several pad sites

area enhancements and contemporary storefront upgrades

to the development.

NewQuest also closed on the southwest corner, which

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

Taiwan’s top coffeehouse, 85°C

over 40 locations in California, Nevada, Washington and

Bakery Cafe, selected Carrollton

Texas. The Carrollton location is its second store in the DFW

Town Center in North Dallas for its

market and its 4th in Texas.

first store in Texas with a planned



summer opening.

Current and future tenants at Carrollton Town Center

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



“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, Europeanstyle, Danish and gourmet breads and rolls as well as specialty teas of hot, iced and frozen treats.

LOUISIANA’S LATEST

Spring • Summer 2016 | 16

CAMP FORBING MARKETPLACE

area of Shreveport. Site work has begun at the northwest

Shreveport, Louisiana

corner of East Flournoy Lucas at Ellerbe Road.

The design of Camp Forbing Marketplace offers a

Currently under construction, Camp Forbing Marketplace

unique planned development incorporating key elements

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

of a community center with interconnected lighted

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

pedestrian walkways and outdoor seating surrounded by

art YMCA facility will anchor the project.

natural landscaping. It will be the first commercial Planned



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

The development site is part of the 47-acre Camp

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

collaboration with Shreveport officials and community

YMCA. The center will bring vibrant retail and restaurants

leaders. Camp Forbing Marketplace is scheduled to open in

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

late 2016.

NEWQUEST DIVISIONS

Spring • Summer 2016 | 18

NewQuest Crosswell, a division of NewQuest Properties,

NewQuest Investment Company (NQIC), a division of

is a privately held real estate development and investment

NewQuest Properties, acquires existing grocery-anchored

firm specializing in larger retail development opportunities.

retail

Leveraging over 50 years combined experience and deep

combines the strengths of an institutional investment

market relationships, NewQuest Crosswell invests in joint

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

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

“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

sub-investment

grade credit retailers, restaurants, non-profit organizations,

Slim Chickens - Houston, TX

financial institutions, service and healthcare providers. The



5 unit build-to-suit development program

program allows clients to expand their businesses within



Completed the development for two locations in Katy and

their desired market areas without needing to commit resources or substantial amounts of capital for land and

Spring, Texas •

Upcoming sites in Cypress, Deerbrook and Pearland



Sold Katy property in March 2016

construction costs. As a turn-key build-to-suit developer, NewQuest Crosswell acts as a single source of responsibility

Shadow Creek Ranch - Pearland, TX

for both delivery and financing. NewQuest Crosswell is self-



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

funded and the capital invested is its own.

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

centers

in

strategic

markets

nationwide.

NQIC

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

CURRENT PORTFOLIO CONSISTING OF: 1.2 MILLION SF $140MM in VALUE 7 PROPERTIES

MEET THE TEAM

Spring • Summer 2016 | 19

TOP BROKERS 2015

Spring • Summer 2016 | 20

DAVE RAMSEY

tenant representation, retail, land and project development.

Top Overall Producer and Top Land Broker



Focused on long-term, full-service relationships with

key retailers, his clients have included 24 Hour Fitness,

Ashley Williams

Austen Baldridge

Austin Alvis

Bob Conwell

Brad Elmore

Brad LyBrand

Caroline Howell

Dave Ramsey specializes in the acquisition and disposition

Children’s Learning Adventure, Verizon Wireless, Capital

of large residential and mixed-use properties. With more

One

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

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

has been involved in transactions totaling more than 11,000

represented retailers in the site selection, market analysis

acres of property. Dave is consistently listed among the

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

“Heavy Hitters in Commercial Real Estate” in the Houston

sub markets throughout the Houston area and South Texas.

Bank,

RaceTrac

Petroleum,

TCBY,

Five

Below,

Business Journal. He graduated from The University of Texas at Austin with B.S. degrees in Real Estate and Marketing. Chris Dray

Danny McCormack

Dave Ramsey

Frank Fitzgerald

Glenn Dickerson

Heather Nguyen

Hugh Ruggles

AUSTIN ALVIS Rookie of the Year

MATT REED Top Retail Broker

Austin Alvis joined NewQuest Properties in 2014 and specializes in development, project leasing, and tenant

Jeff Lokey

Jeffrey Hayes

John Nguyen

Jon Jamison

Josh Friedlander

Juan Carlos Alonso

Mac Ruggles

Matt Reed joined NewQuest in 2004 and specializes in

representation. A native Houstonian, Austin leans on

Tenant Representation. He has been in the real estate

market knowledge to assist clients in site selection and

business since 2002 and has been named a Houston

strategic expansion. Developments and acquisitions are

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

focused in both growth areas and under-served markets,

in 2010 and 2011.

ranging from single pad sites to neighborhood grocery-



anchored centers.

last

He was awarded the Top Retail Broker by NewQuest 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 Mark Lindsey

Matt Reed

Meredith McLeod-Cobb

Neal Thomson

Ori Batagower

Rachael Keener

Rebecca Le

Military

Academy

with

a

degree

in

Mechanical

Engineering, and a member of the International Council of

Rob Whitaker

Shireen Owlia

Retail Leasing Tenant Representation Land Brokerage Development Acquisition Construction Property Management

Shopping Centers.

JEFFREY S. HAYES Top 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 PORTFOLIO FITNESS

Spring • Summer 2016 | 22

BEAUTY

RESTAURANTS Kubo’s

Sushi Bar & Grill

RETAILERS

MEDICAL MI DOCTOR

MI DOCTOR

OTHER

®

THEATER

FINANCE EATS • DRINKS • SCENIC VIEWS

RECENT TRANSACTIONS LEASING TRANSACTIONS

Spring • Summer 2016 | 24

Fairfield Marketplace

Marketplace at Ninety-Six

Spring Town Center

US 290 and Mason Rd in Cypress, TX

League City Parkway and Hobbs Rd in League City, TX

FM 2920 and Kuykendahl in Spring, TX

Brazos Town Center

Rachael Keener and Bob Conwell leased

Rebecca Le leased

Bob Conwell and Ashley Williams leased 1,400 SF to

Hwy 59 and FM 762 in Rosenberg, TX



2 ,800 SF to Texas Children’s Urgent Care



2 ,450 SF to Nail Bar of Texas

Beauti4Skin

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



2 ,603 SF to Strong Vision



1 ,950 SF to League City Eye Center

Bob Conwell and David Meyers ground leased

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



1,400 SF to Bahama Bucks



3 ,150 SF to El Dorado Mexican Restaurant



42,347 SF to Zaxby’s

to The Tutoring Center



38,005 SF ground lease to Wendy’s



2 ,330 SF to Dental Etc.



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



48,914 SF ground lease to Forefront ER

Bay Colony

Grand Morton Town Center

I-45 and FM 646 in League City , TX

Grand Parkway and Morton in Katy, TX

New Braunfels Town Center at Creekside

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

Josh Friedlander and Rebecca Le leased

I-35 and FM 306 in New Braunfels, TX



2 ,450 SF to Tender Touch Nails

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

Carrollton Town Center



2 ,800 SF to Grand Morton Animal Hospital

Panda Express

Bush Turnpike and Denton Rd in Carrollton, TX



4 ,200 SF to My Kids Dentist & Orthodontics

Heather Nguyen, John Nguyen, Meredith McLeod-Cobb



1 ,050 SF to Great Clips

North Tarrant Marketplace

leased



1 ,400 SF to SuperCuts

North Tarrant Parkway and Precinct Line Rd in North Richland



3 ,111 SF to Kula Revolving Sushi Bar



1 ,400 SF to Subway

Hills, TX



14,326 SF to Today Comfort



1 ,400 SF to Sports Clips

Josh Friedlander leased



1 ,125 SF to Snowy Village



1 ,400 SF to Postal Plus Copy Center



3,500 SF to Mattress Firm

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



3 ,500 Deluxe Nails and Spa



3,150 SF to Banfield

85C Bakery Cafe



2,800 SF to Japanese restaurant

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



9 00 SF to Edward Jones



895 SF to Mobile ER

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

Sherman Town Center Hwy 75 and Loy Lake Road in Sherman, TX

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

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

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

FM 1463 and Spring Green in Katy, TX

Townwest Commons

Bob Conwell and Rachael Keener leased

Hwy 79 and CR 119 in Hutto, TX



1 ,400 SF to Kumon

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



1 ,400 SF to Wonder Lash



37,000 SF ground lease to 24 Hour Fitness

I-10 East and Holland Avenue in Houston, TX

Victory Lakes



1 ,400 SF to Vision Source

Brad Elmore leased

I-45 and FM 646 in League City , TX



6 6,484 SF ground lease to Wendy’s



2 1,164 SF to Halloween City

Rebecca Le ground leased a pad to El Pollo Loco



1,400 SF to Pumped Nutrition



20,977 SF to Pahouhja Enterprises



3,150 SF to MedSpring and



2,200 SF to Stabucks

Market at Hunting Bayou

Windcliff Town Center Jones Rd and Cypress North Houston Rd in Houston, TX Ronnie Miranda leased 484 SF to Within You Counseling Services

RECENT 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 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



Jinya Ramen Bar at Mason Park Plaza in Katy, TX • • •

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

• • •

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



Josh Friedlander leased 2,491 SF to Sunshine Dental at

Rebecca Le and John Nguyen leased 2,850 SF to

»»

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

Clear Lake Dermatology at Victory Lakes Shopping

»»

38,333 SF at SEC Cypresswood & Hwy 249 in

Center in League City, TX



Houston, TX

Brad Elmore leased 6,300 SF to Halloween City at

»»

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

Tomball Parkway Plaza in Tomball, TX

»»

32,776 SF at Shops at Spring Town Center in

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



Spring, TX

Villagio Town Center in Katy, TX

»»

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

Rachael Keener leased 1,690 SF to Vintage Hills Clothing

»»

35,533 SF at FM 518 & Pearland Parkway in



Pearland, TX

TENANT REPRESENTATION TRANSACTIONS

Rachael Keener and Jon Jamison represented the

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

landlord in leasing 1,416 SF to InsideScoop Frozen

Tomball, TX

TX •

• •

Bob Conwell and Brad Elmore represented the landlord in

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

Plaza in Pasadena, TX

Houston, TX

Rebecca Le leased 1,750 SF to Amazing Lash at Cy-Fair Ashley Williams and David Meyers leased 2,154 SF to

Square in Houston, TX

• •



John Nguyen and Heather Nguyen represented Daiso in

TX

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

Ashley Williams and David Meyers leased 2,084 SF to

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

Nails in leasing 2,400 SF at Baybrook Gateway in

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

Webster, TX •

Brad Elmore leased 3,000 SF to I Love Kickboxing in Heather Nguyen leased 2,230 SF to Legend Nails at

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

Oyster Creek and Oak Drive in Lake Jackson, TX

at Westchase Shopping Center in Houston, TX

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



Jeff Hayes and Joan Carlos Alonso represented Verizon

Highland Knolls and Mason in Katy, TX

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

John Nguyen and Heather Nguyen leased 2,500 SF to

Lake Jackson, TX



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



Woodlands, TX •

TX •







Road in Fulshear, TX • •

Matt Reed represented Dick’s Sporting Goods in leasing

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

»»

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

owner in ground leasing 6 acres to a Rehabilitation

»»

83,057 SF at The Woodlands Mall in

Hospital in The Reserve at Shadow Creek Ranch 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

Brad LyBrand and Allen Crosswell represented to land

Pearland, TX •

Brad LyBrand and Allen Crosswell represented the buyer in purchasing 45 acres on I-45 in Conroe, TX





Jeff Hayes and Juan Carlos Alonso represented the buyer in purchasing .90 acres at Parkside and Grand Parkway in

Westheimer and Tanglewilde in Houston, TX •

Heather Nguyen represented the buyer in purchasing .951 acres at the Beltway and Tidwell in Houston, TX

Matt Reed represented Taco Bell in leasing 25,815 SF in Spring Marketplace in Spring, TX and 18,500 SF at

David K Meyers, Brad Elmore and Jeff Hayes represented the seller in purchasing 67,518 SF at FM 1463 and Fry

Matt Reed and Jon Jamison represented Amazing Lash in leasing 2,179 SF at Bunker Hill in Houston, TX

Chris Dray represented the buyer in purchasing .26 acres at 1545 Heights Blvd in Houston, TX

Chris Dray represented Sakowitz Furs in leasing 2,500 at Boulevard Place in Houtson, TX

Chris Dray represented the seller in the sale of .12 acres at 821 Algregg and .12 acres on Ralfallen St in Houston,

Matt Reed represented European Wax Center in leasing

Jon Jamison represented Creekside Urgent Care in

Chris Dray represented the seller in the sale of 4901-4917 N. Main in Houston, TX

leasing 6,300 SF at Westgate Shopping Center in The

John Nguyen represented LA Crawfish in leasing 3,750 Jeff Hayes represented Five Below in leasing 9,302 SF at

»»

Brad Elmore represented the seller in selling 4 acres at Beltway 8 and Pasadena Blvd in Pasadena, TX

SF at FM 518 and Pearland Parkway in Pearland, TX •

SF at Westwood Center in San Antonio, TX •



Matt Reed represented Ross Dress for Less in leasing

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

John Nguyen and Heather Nguyen represented Citrus

Cypress, TX

Friendswood, TX •

John Nguyen and Heather Nguyen represented NAM - Noodles and More in leasing 3,016 SF at Bay Area

Loan Company at Loop 336 and Frasier in Conroe, TX •



Town Center in Cypress, TX

Remax Realty Center at 14106 Mueschke Road in •

Rachael Keener and Jon Jamison represented Express

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

Sassy Nails and Spa at 14106 Mueschke Road in Cypress, •

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



Pearland, TX

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

Ella Plaza in Houston, TX

Custard and Yogurt at the Center at Dunvale in Houston,

selling .65 acres at Hwy 288 and Discovery Bend in

»»



Bob Conwell and Brad Elmore represented the seller in

Matt Reed and Jon Jamison represented El Pollo Loco in

Lounge at The Center at Memorial in Houston, TX

John Nguyen leased 40,000 SF to Halloween City at



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

West Oak Village in Houston, TX



Hugh Ruggles represented Whiskey Cake in purchasing

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

Katy Freeway in Houston, TX •



at Villagio Town Center in Katy, TX •

N. Main in Houston, TX •



John Nguyen leased 3,177 SF to CrossFit Doulos at The Shops at Williams Trace in Sugar Land, TX

Bob Conwell and Rebecca Le leased 9,400 SF to Gracie Barra Jiujitsu at Westheimer and Fondren in Houston, TX



Spring • Summer 2016 | 26

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

Our quest

is your success.

Specializing in retail space leasing, management, development, land brokerage, investment sales and tenant representation,

10,746,775 SF OWNED

NewQuest Properties is one of the premier commercial real estate brokerage firms in Texas and Louisiana. Our dedicated team excels at meeting

12,135,000 SF LEASED

11,718,969 SF MANAGED

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.

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Pflugerville Greater Houston Metro New Braunfels

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