3rd Quarter | September 2015

Lunch and Learn WorkshopSave the Date!

Commercial brokers and developers, please mark your calendar for this year's 13thAnnual Broker and Developer Day that will be heldon Tuesday, October 27, 2015 at 10:00 am. Youdon't have to be a golfer to attend! This year's eventbegins with a complimentary lunch and workshop atTimber Creek Golf Club hosted by the City'sCommunity and Economic DevelopmentCommittee and sponsored by CenterPoint Energy. Complimentary golf is provided to commercial

brokers and developers who attend the workshop. Click here to RSVP

Live Here Work HereFeaturing Jeremy MagnusonOwner, Magnuson Ace Hardware

In 2008, local entrepreneur and community leader,Jeremy Magnuson, opened Magnuson Ace Hardwarein Friendswood, a year after making his home here. Located in the Captain's Corner Shopping Center at105 W. Edgewood #101, the hardware store occupies11,000 square feet of retail space and offers generalhardware, Stihl lawn equipment, paint, propane, glass,

and key cutting. Magnuson Ace Hardware employs15 persons and is part of the Greater Houston AceRetailer Group which consists of 32 Ace Hardwareretailers including Harris and Galveston counties. AceHardware Stores are committed to being the mosthelpful hardware stores on the planet.

Jeremy wasborn and raisedin Lake Jacksonand graduatedfrom high schoolthere in 1995. He attended the

University of Texas at Austin and later transferred toTexas State University where he earned a degree in Criminal Justice. While in college, he served in theMarine Corps Reserves as a 0311 rifleman. After graduation, Jeremy earned hiscommission with the Air Force as a rated officer and concluded his military service as aCaptain. As an Instructor Navigator, Jeremy flew an EC-130H with over 1,200 flight hours,300 of which were combat hours in Iraq. He completed three tours with the USAF in supportof both Operation Iraqi Freedom and Operation Enduring Freedom.

When researching the location for his store, Jeremy said he compared Friendswood'sdemographics, educational attainment, home values, crime rate, and other key indicators tothose in surrounding cities. Friendswood was at the top of the list for each decisive factor. Jeremy said "I personally chose Friendswood because it met all the criteria I was looking for,and the city is close enough to the rest of my family who live in Lake Jackson.

Jeremy believes there are many economic advantages of operating a business inFriendswood. "Friendswood seems to be insulated from the economic swings that most ofmy fellow retaile rs see in their neighborhoods. Wehave such a diverse economy here, and we are notreliant on any one sector. When NASA isexperiencing budget constraints, other sectors like oil,construction, and petrochemicals pull their weight tokeep the local economy churning." Jeremy says his"claim to fame" in the Ace Hardware world is notexactly the kind you want to have. His store is knownfor having the worst soft opening of any store ever! He explains "We opened the day after Hurricane Ike,and I came to my store to find three inches of water init and part of the roof missing. We lost over $80,000 in inventory from damage and sufferedover $170,000 worth of total damage before we opened the doors. When people think theyhave a rough time opening a store from scratch, Ace always tells them it could be worse,recounting what happened to the Friendswood store.

Jeremy is a member of the City's Community and Economic Development Committee andthe Friendswood Chamber of Commerce. He is also a member of the Rotary Club ofFriendswood, having previously served as President, and has sponsored multipleorganizations including the Boy Scouts, (local area) youth programs, as well as school-sponsored programs. Magnuson Ace Hardware is one of many stores in the GreaterHouston area that fundraises year-round for Children's Miracle Network. Their primary focusis Texas Children's Hospital. Collectively the Houston retailer group is the #1 fundraiser of all

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Ace retailers.

Business News

New businesses:

Cowards Creek Office Park (new shell building), 1106 S. Friendswood Dr.Mendenhall Second Generation Holdings, LP, 1506 E. Winding WayFriendswood Liquor, 4002 FM 528Cricket Wireless, 114 W. Parkwood Ave.Mathnasium, 140 W. Parkwood Ave.Wellness, Nutrition, & Bodywork, 306 S. Friendswood Dr.UTR Texas Realtors, 107 S. Friendswood Dr., Suite DTwin Oaks Urgent Care, 1111 S. Friendswood Dr., #105Friendswood Family Dental, 108 E. Edgewood Dr.Trios Fresh Mex Restaurant, 400 W. Parkwood Ave., #124Cooper Consulting Services, 211 E. Parkwood Ave, #200Fire Risk & Safety Tech, LLC, 211 E. Parkwood Ave. #104

Business remodels:

Kroger, 3135 FM 528 Chase Bank, 3103 FM 528Friendswood Masonic Lodge, 110 E. Willowick

Residential NewsResidential plats

West Ranch Arbor Gate Section 4 - 41 lotsAustin Chase at West Ranch Section 1 - 46 lots

2015 Single-family home building permits

Month #Homes Valuation (inmillions)

January 11 $4.08February 8 $2.50March 15 $4.68April 13 $6.34May 10 $5.31June 11 $5.11July 12 $4.40August 24 $8.82Total 104 $41.24

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Featured Property

Fountains of FriendswoodSeven (7) Lots Available

Available Buildings andLand Search

Search for commercialproperties available in the citywith demographic reports

AVAILABLEPROPERTIES

Friendswood Fast Facts Latest Demographics

FASTFACTS

Geographical InformationSystem Maps

Mapping system with layeredinformation on zoning,utilities, parcel ownership,easements, aerials, drainage,and more

GIS MAPS

Total is 18.70 acres

Located at the intersection of FM 528 and San Joaquin Parkway

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Friendswood Business Resources

City of Friendswood(281) 996-3200

kcapps @friendswood.com www.friendswood.com

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