PROPERTY LINESCorporate Newsletter | Fall • Winter 2017

NewQuest Properties Exciting New Developments for 2018

96 RETAIL CENTERS and OFFICE BUILDINGS totaling 8.5MM SF

75+ ACTIVE TENANT REPRESENTATION ACCOUNTS

249,750 SF TOTAL BUILT SPACE — AVAILABLE INVENTORY

763,583 SF COMPLETED IN 2016

171 PADS AND 280 ACRES OF AVAILABLE COMMERCIAL LAND

10.3 MM SF MANAGED BY NEWQUEST

CLOSED ON 6 NEW DEVELOPMENT DEALS in 2016

$2.0 BILLION IN ASSETS

ACQUISITION DIVISION /GROCERY ANCHORED DEVELOPMENTS

NEWQUEST INVESTMENT COMPANY

INVESTMENT / BUILD TO SUIT DIVISION NEWQUEST CROSSWELL

Leasing | Tenant Representation | Development

Land Brokerage | Acquisition | Property Management

Experienced TeamProven Capability

Solid Results

With several major new centers opened or preparing

for delivery, NewQuest properties is in high-energy mode

for the fall. Leasing activity continues at a healthy pace,

with clients realizing the great business potential in the

strategic locations and tenant mix of NewQuest projects.

With plans for several new developments under

negotiation, and ‘green lights’ for Phase II expansions on

several existing projects, NewQuest is providing a host of

new opportunities for retailers in 2018 and beyond.

Spring/Summer 2017 4

Momentum for2018

NewQuest Properties:

Marketplace at 96 expands into phase ii developMent Opened in June 2016, Phase I of Marketplace at

Ninety Six has reached capacity, with Phase II delivering

at the end of 2017. This Kroger Marketplace-anchored

development sits on 36 prime acres in League City, just

south of Houston.

The goal here was to put together a tenant base

focused on community needs, including quick-service

and casual dining restaurants, medical services and

financial institutions. New tenants Valvoline and Regions

Bank have signed leases for pad sites, and Ivy Kids has

plans for a day care center.

Other tenants, including Sports Clips, T Jin’s China

Diner, Marco’s Pizza, League City Eye Center, Pet

Supermarket, Dental, Etc., Gary Greene Real Estate,

Super Cuts and El Dorado Mexican Restaurant, have

already opened for business.

Located on the northeast corner of TX 96/League

City Parkway and Hobbs Road, less than one mile west

of Interstate 45, this area has become a development

hotspot, with the completion of infrastructure projects

geared toward facilitating new growth. Demographics

within a two-mile trade area include an average annual

household income of $118,604 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.

FairField succeeds in the dynaMic city oF cypress

Located at the main entrance to Fairfield, a

5,800-household master-planned community, this

22-acre, well-situated development is quickly leasing

up its pad sites, professional offices and approximately

5 Fall/Winter 2017

30,000 square feet of retail space. Signed tenants

include Texas Children’s Pediatric Care, Strong Vision,

Zaxby’s, Xfinity, T-Mobile, Wendy’s, and a nail salon and

a dry cleaner.

Location plays a big part in the development’s

success. Not only is it adjacent to an eight-story Memorial

Hermann Hospital, it is less than two miles from the new

Simon Outlet Center and the Grand Parkway.

shops at katy reserve expands to serve GrowinG residential

With the first phase leased up and Phase II well on

the way, Shops at Katy Reserve is the first grocery-

anchored retail center at the crossroads of three

popular communities – Reserve at Katy, Firethorne and

Woodcreek. Located one-half mile south of Interstate 10

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

Boulevard intersection, this is one of the highest growth

areas in the nation.

The 39.8-acre development is a mix of restaurant,

retail, and ground-lease pad sites, with current tenants

including Pet Supermarket, 24-Hour Fitness, First Choice

ER, Wendy’s, Great Clips, and Vision Source.

The highly rated Katy ISD has opened a high

school, junior high and elementary school, all within

one mile of the Shops at Katy Reserve, to support this

high-density residential area, making it a prime spot for

shopping, dining, and services.

lantana town center in denton Moves into phase ii Lantana Town Center is the retail component of

Republic Property Group’s Lantana Master-Planned

Community, recently awarded ‘Community of the Year’

by the Dallas Builder’s Association. Due to the success of

Phase I leasing, this mixed-use development is moving

forward with Phase II.

Located in Denton County, less than 15 miles north

of DFW Airport, Phase II will incorporate restaurants,

office space and retail, all of which are now pre-leasing.

Lantana Town Center’s current tenant mix includes

Starbucks, Hollywood Feed, Tokyo Samurai, Medspring,

and Marble Slab, with AT&T, Farmer’s Insurance, Nova

Smile Care, and RE/MAX having recently opened. north tarrant Marketplace oFFers pad sites in 100%-leased center

A unique opportunity to benefit from one of North

Texas’ most successful retail communities, three

pads sites are available to developers looking to take

advantage of the center’s success.

Situated at N. Tarrant Parkway and Precinct Line

Road (along which the pads are located), this Kroger-

anchored center also offers a new 37,000-square-foot

L.A. Fitness, and other tenants include CVS, Chick-Fil-A,

Whataburger, GNC, Wendy’s, Chef Blythe’s Southern

Bistro and Tokyo Sushi, Banfield, Mattress Firm, The

Joint, Jersey Mike’s Subs, Cellphone Trendz, and Wag

N’ Wash.

KROGER MARKETPLACE MAKES ITS MARK

Fall/Winter 2017 6

Each 123,000-square-foot Kroger

Marketplace store offers full-service

grocery, pharmacy, prepared foods,

jewelry, baby clothes, toys, and

general home-related merchandise,

as well as a Kroger Fuel Center. More

than 120 of Kroger’s nearly 3,000

locations are Marketplace stores.

Greater Houston Metro

Shreveport

North Tarrant MarketplaceCamp Forbing Marketplace

Cross Creek CommonsMarketplace at Ninety-Six

Shops at Katy Reserve

Katy Grand

Lantana Town Center

Grand Morton Town Center

Fairfield Marketplace

Stableside at Falcon Landing

Dallas / Ft. Worth Area

Carrollton Town Center

Frisco Ranch

Rising from what used to be a 704-acre Arabian

horse farm in Katy, this $75 million, 34-acre community

lifestyle center is leasing up quickly.

Located in the bullseye of the west Katy and Fulshear

trade area, a 102,473-square-foot Kroger Signature

store anchors the first phase of Stableside at Falcon

Landing, which fronts Katy’s Gaston Road between

Greenbusch Road and Falcon Landing Boulevard. Phase I

includes 28,700 square feet of inline retail space, as well

as a 7,350-square-foot multi-tenant building and four

pad sites, each roughly one acre.

The first phase includes Raising Cane’s, GNC,

SportsClips, Iconic Eye Care, MedSpring Urgent Care,

Deca Dental, and Regions Bank. Phase II will be the

project’s “destination” component, featuring a 90,000

square foot upscale fitness facility and oversized shared

green space with patio seating for restaurants and

boutiques.

The center’s grocery anchor and retail/restaurant

base attracts 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.

STABLESIDE GETS KROGER SIGNATURE STORE

Grand Morton town center nearinG 100% leased

Not only have more tenants recently signed leases at Grand Morton Town Center, but Insite has developed

400,000 square feet of office space just south of the location, which will bring a healthy amount of daytime traffic to

the center.

This 85-acre development is anchored by Kroger Marketplace and WalMart, two big draws for the area’s growing

families, and Regions Bank has recently signed. Tenants ‘under construction’ include MedExpress, Chick Fil’A and

Auto Zone, while Taco Bell, McDonald’s, Whataburger, Chase Bank, Kumon, Little Caesars and UPS are already open.

Also coming soon will be Michael’s and Home Goods.

Grand Morton Town Center is surrounded by a residential market with an excellent school district and one of

the highest growth rates in the country. It encompasses 150,000 square feet of retail space and 20 pad sites located

on both the northeast and southeast corners of Grand Parkway and Morton Ranch Road.

THROUGHOUT TEXAS AND HEADING EAST

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9 Fall/Winter 2017

DALLAS / FORT WORTH AREA

FRISCO RANCH - PHASE I ALREADY 90% LEASED, OPENING EARLY 2018. PHASE II COMING FALL 2018.

The second incarnation of a highly successful retail

concept, Frisco Ranch is an eclectic shopping and dining

experience targeted at North Texas’ growing Asian

population.

Set to deliver in November 2017, Frisco Ranch offers

110,000-square feet of specialty retail strategically

located on nine acres just northeast of the Preston

Road-Warren Parkway intersection. Development

Partner Heather Nguyen and Associate John Nguyen

represented NewQuest in negotiations.

“Frisco Ranch follows on the achievements of

Carrolton Town Center, the first of this Asian-centric retail

concept,” says Heather Nguyen. “We have a solid base of

top-of-the-line brands from throughout Asian countries,

and the healthy traffic we’re seeing at Carrolton is

expected to equal – or surpass – the customers visiting

Frisco Ranch.”

Anchor tenants include 99 Ranch Market, a California-

based Asian supermarket chain (44,875 square feet);

Daiso Japan, a home goods retailer with broad appeal

throughout Asia (10,000 square feet); and 85°C Bakery

Café, a bakery and coffee concept from Taiwan (3,000

square feet). Several restaurant options include Kickin’

Crab, Churro Alley, T-Swirl Crepes, Rice Chicken, Too

Thai Street Food and 8 Fahrenheit Ice Cream.

Frisco’s population currently is 163,656 residents,

approximately 18% of whom are Asian. Median household

income in Frisco is $123,055 and the median age is 37

– young professionals and Millennials with growing

families.

Meanwhile, Carrollton Town Center continues its

success with the first Texas location for Kinokuniya, a

popular Japanese book store. This center has become

the “main and main” intersection of Asian inspired food

and retail services.

Fall/Winter 2017 10

Frisco Ranch

NewQuest’s Carrollton Town Center was a brand new concept in retail development

— an eclectic shopping and dining experience targeted at the area’s growing Asian

population. The incredible success of that project has spurred the creation of a second

Asian shopping and “foodie” destination: Frisco Ranch.

Camp Forbing Town Center in Shreveport is part

of a 47-acre development site that includes retail,

restaurants, a community center, lighted pedestrian

walkways, outdoor seating and natural landscaping.

Located at the northwest corner of East Flournoy

Lucas at Ellerbe Road, the project brings much-

needed resources to this under-served area.

NewQuest is proud to work with Shreveport officials

and community leaders to make the development a

success.

Current tenants include Silver Star Grille,

SportsClips, Pita Pit, along with Paciugo, Willis-

Knighton Urgent Care and Sprint. Opening soon are

CC’s Coffee House, Thrifty Liquor and Wonderful

Nail Spa.

11 Fall/Winter 2017

LOUISIANA’S LATESTCamp Forbing Town CenTer: ShreveporT’S FirST planned UniT developmenT

Camp Forbing Town Center is also NewQuest’s first development in

Louisiana. Along with a 123,000 square feet Kroger Marketplace, a

proposed state-of-the-art YMCA facility will anchor the project.

chaMbers town center: First Major retail center in east houston

The Baytown community is quickly expanding thanks

to the area’s multi-billion-dollar refinery industry. Area

workers and residents now have the convenience of

Chambers Town Center, a 350,000-square-foot retail

center anchored by a WalMart Superstore and other big-

box brands.

With excellent visibility and access to Interstate

10, the development offers one of the strongest retail

opportunities in the market. With a great mix of dining

options – Japanese, Vietnamese, Mexican and BBQ –

there’s something for every palette, from Shogu Japanese

Grill to Dickey’s BBQ. Other tenants include Ross, Dollar

Tree, Showbiz Cinemas, Methodist Davita, Vision Source,

Sport Clips and Mattress Firm.

To accommodate high demand, another 20,000

square feet of retail space has been constructed with

plans for an additional 45,000 square feet, making

Chambers Town Center the epicenter of shopping, dining

and entertainment in the Baytown/East Houston market.

13 Fall/Winter 2017 Fall/Winter 2017 14

LONE STAR STATE OF THINGS

KATY GRAND ANNOUNCES PHASE II GROUNDBREAKING

A late fall event is planned for unveiling Phase II of

Katy Grand. The new 7.43-acre expansion joins the already

popular 21.7-acre first phase to create an urban-style retail

experience with great walkability.

With Phase II delivery scheduled for Summer

2018, Katy Grand will feature a number of restaurants

spotlighting global cuisines – many with outdoor patios --

plus a 19-screen Cinemark theater, significantly upgrading

the “dinner and a movie” idea.

“We’re creating a crossroads of culture for international

dining and shopping experiences,” says Heather Nguyen,

development partner for NewQuest. “We’ve been quietly

working hard to attract new restaurants and specialty

retail brands to Greater Houston, and Katy Grand will be a

showcase for that concept.”

At completion, the project will house a dozen

restaurants, seven specialty retail shops, the Cinemark and

a six-story, 1,727-space Metro parking structure. Within the

five-mile trade area, there are nearly 236,000 residents

with an average household income of $122,385 per year.

More good news for potential tenants: The population has

spiked more than 23% since 2010.

Ashley Strickland

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

Matt Reed

Brett Strake

Meredith McLeod-Cobb

Ryan Kelsall

Neal Thomson

Ori Batagower

Rachael Keener Sam SeligmannRebecca Le

Rob Whitaker

Shireen Owlia Zack Sturgeon

Austen Baldridge

JEFFREY S. HAYESTop Overall Producer andTop Hybrid Broker

Jeffrey S. Hayes 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,

Cinemark, Children’s Learning Adventure, Verizon

Wireless, Capital One Bank, Five Below, and Lovett

Dental . 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.

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” and an “MVP”

numerous times.

He was awarded the Top Retail Broker by

NewQuest last year. His clients include Dick’s

Sporting Goods, ULTA Cosmetics, Ross Dress for Less,

PETCO, El Pollo Loco, Lane Bryant, 99 Cents Only,

Yum Brands, European Wax Center, Full Psycle and Mi

Doctor. Matt is a 1993 graduate of the United States

Military Academy with a degree in Aeronautical

Engineering, and a member of the International Council of

Shopping Centers.

BRAD LYBRANDTop Land Broker

Brad LyBrand is a land brokerage specialist with

experience throughout the Houston area. His experience

working with retail & master planned community

developers has led to a wide variety of transaction

experience to include retail & restaurants, medical,

multifamily, corporate campus, seniors housing, REO,

school districts, industrial & home builders among

others. Brad has extensive experience in the southern

Houston suburban markets of Pearland and Manvel

and is frequently called on as an expert on the SH 288

Corridor. Ongoing brokerage assignments have taken him

to the I-10 Energy & US 290 Corridors, The Woodlands,

Kingwood and various other sub-markets in the Greater

Houston area.

ASHLEY STRICKLANDRookie of the Year

Ashley Strickland joined NewQuest Properties in 2015

as an Associate with experience in leasing over 7 million

square feet throughout the Houston and Dallas Fort-

Worth areas. Ashley graduated with a BA in Real Estate

and Finance from Southern Methodist University where

she was awarded the ‘Outstanding Real Estate Finance

Major’ of her graduating class. As a native Houstonian,

Ashley utilizes her learned skill set and market knowledge

to lease both NewQuest & 3rd party owned properties,

specialize in retail development, and assist her clients in

tenant representation. Her properties are located in both

Texas and Louisiana areas. Additionally, her current clients

include Mo’s Irish Pub, Village MD, Sbarro, and Cucinova.

Caroline Daggett

JJ McDermott

15 Fall/Winter 2017

THE NEWQUEST TEAM 2016 TOP BROKERS

Fall/Winter 2017 16

RETAIL LEASING / TENANT REPRESENTATION

LAND BROKERAGE

17 Spring/Summer 2017

NEWQUEST CROSSWELL

CURRENT PORTFOLIO CONSISTING OF:

1.1 MILLION SF

$116M in VALUE

6 PROPERTIES

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 $2.0 billion, multi-faceted real estate

development, leasing and management company to provide

investors with a programmatic national grocery-anchored

acquisition platform.

NQIC PROJECTS:Deerfield Place | Omaha, NE

Marketplace | Independence, MO

Market Square at Eldridge | Houston, TX

Plaza North | Omaha, NE

Prairie Point | Aurora, IL

Silver State | Sparks, NV

Spring/Summer 2017 18

NEWQUEST INVESTMENT COMPANY

NEWQUEST CROSSWELL WELCOMES CHRIS MONROE Chris Monroe has joined NewQuest Cross-

well as Executive Vice President of Business

Development. He is responsible for leading

NQC growth plans through sourcing new

opportunities for NQC single tenant build-to-

suit and development financing platform. Chris is a veteran entre-

preneur and growth company operator with extensive experience in

business-to-business sales, executive management and relationship

development.

He is a native of Little Rock, Arkansas and a graduate of the Uni-

versity of Arkansas.

NewQuest Crosswell (NQC) is a division of NewQuest Properties and is a privately held real estate development and

investment firm specializing in single tenant build-to-suit development opportunities. Leveraging over 50 years combined

experience and deep market relationships, NewQuest Crosswell invests for its own account through a broad platform of real

estate ownership and development services to provide exceptional risk-adjusted returns to its partners. 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.

DEVELOPMENTSNorthwest Park Crossing — Houston, Texas • 4 acre development project • Tenants include: Raising Cane’s, First Choice Medical, Wendy’s and Hotel Bella

Cottonwood Creek Market — Waco, Texas • 143 acre master planned development • I-35 retail, medical office & multi-family Shadow Creek Ranch — Pearland, Texas • 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, Texas • 115 acre master planned mix-use development • 12 acre I-45 retail & 12 acre multi-family under development 1Q2018

Academy — D’Iberville, Mississippi • 7.55 acre BTS development • Located in major retail center known as Lakeview Village Slim Chickens — Houston, Texas • Completed a 4 unit BTS development program in Houston, TX • Locations in Katy & Spring, Humble and Cypress, TX

South Shore Retail — Austin, Texas • 5 acre development • Walgreens ground lease • Tenants include: Starbucks, Chipotle and AT&T

Marketplace

Market Square at Eldridge

creekside leasinG phase iii With already successful Phases I

and II, this strategically located center is

garnering leases for Phase III, which will

include 300,000 square feet. Panera Bread,

Urban Bricks Pizza, and Five Guys add to

the already-impressive mix of well-known

restaurants, while Massage Heights, Home

Goods, Burlington Coat Factory, and James

Avery have recently opened as well.

The Center’s success can be attributed

not only to an ideal location in the heart of

New Braunfels tourist epicenter, but also to

the collection of popular national retailers already calling

the center home. A sampling of these include Target,

Best Buy, Petsmart, Dick’s Sporting Goods, Ulta Beauty

and Cosmetics, TJ Maxx, Spec’s Liquors and Fine Foods,

Hobby Lobby and Charming Charlie.

award-winninG retail center thrives in rosenberG, sw houston

Awarded a Retail Landmark Award by the Houston

Business Journal, Brazos Town Center is part of a

2,000,000-square-foot master planned development

that successfully mixes retail, entertainment and

residential, including single- and multi-family homes and

senior living. The Retail Landmark Award recognizes

commercial real estate developments that make

significant contributions to the Houston area landscape.

Brazos Town Center was also ranked as one of the top

50 shopping malls by ESRI.

Already home to dozens of well known tenants,

the center is also the location of one of the first Kroger

Marketplace stores (123,000 square feet) to open in

Texas. Tenants include a 38,000-square-foot 24 Hour

Fitness, Target, The Home Depot, Academy, Hobby

Lobby, Cinemark Theaters, JC Penney, Best Buy,

Marshall’s, Home Goods, Michael’s, Ulta Cosmetics,

Charming Charlie, First Choice ER and Specs Liquor and

Fine Foods. Pet Supermarket will soon be joining the

line-up as well.

The community’s residential households provide a

ready customer base. Single-family, as well as multi-

family housing, is abundant for all stages of life.

Everything from a senior living complex to a upcoming

higher-end luxury apartmnt development can be found

at Brazoos Town Center.

Brazos Town Center is located at Highway 59 and

FM 762 in Rosenberg, just 20 miles from southwest

Houston. There are multiple points of access, including

from Highway 59, FM 762 and Reading Road.

Spring 2017 | 12

19 Fall/Winter 2017 Fall/Winter 2017 20

LONE STAR STATE OF THINGS LONE STAR STATE OF THINGS

austin’s stone hill center increases in size and success

Stone Hill Town Center, a 196-acre master-planned

retail/office/hotel development near Austin, has recently

added 157,000 square feet of retail to the existing

750,000 square feet. Due to this and similar success,

Phase II of the project already is in the works.

Home to a 184,000-square-foot SuperTarget,

other major tenants include At Home by Garden Ridge,

Cinemark Theater, Home Depot, 24 Hour Fitness, Dick’s

Sporting Goods, Bealls, Ross, Petco, Office Depot and

Best Buy. Current restaurants Panera Bread and IHOP

will soon be joined by In-N-Out Burger. Other new

tenants include Results Physiotherapy and Mattress One.

At completion, Stone Hill Town

Center will comprise more than one

million square feet of retail space,

plus the hotel and professional offices

components. The center’s ideal

location is on the southwest corner

of State Highways 45 and 130, where

thousands of people drive between

Austin and Seguin every day.

RESTAURANTS

FITNESS BEAUTY

RETAILERS

MEDICAL

OTHER

THEATER FINANCE

EATS • DRINKS • SCENIC VIEWS

®

PUBLIC HOUSEGOURDOUGH’S

21 Fall/Winter 2017 Fall/Winter 2017 22

TENANT REPRESENTATION PORTFOLIO

Our quest is your success.

4 major grocery anchored shopping centers opened in 2016

6 new developmentsclosed in 2016 totaling $136+M

12 additional on-going developments

As of March 2017, 120+ acres under contract forfuture development

9.9M SFOWNED

12.1M SFLEASED

10.3M SFMANAGED

TX LA

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040