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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management SWC of Beltway 8 & Highway 90 | Houston, Texas Dean Lane | Ashley Williams |281.477.4300 Proposed - New Forest Town Center Available For Sale or Lease 10.15 | 4.14

Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

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Page 1: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

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

SWC of Beltway 8 & Highway 90 | Houston, Texas

Dean Lane | Ashley Williams |281.477.4300

Proposed - New Forest Town Center

Available For Sale or Lease

10.15 | 4.14

Page 2: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

1960

6

90

90

36

105

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36

99

249

249TOLLWAY

HCTRA

288

45

610

290

59

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Future

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Future

99

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TOLLWAY

HCTRA

TOLLWAY

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TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

59

Huntsville

Willis

TheWoodlands

Cleveland

Conroe

Tomball

Cypress

Pearland

HoustonHoustonKaty

10.28.15

SWC of Beltway 8 & Highway 90 | Houston, Texas

Proposed - New Forest Town Center

Demographics 1.00 Mi 3.00 Mi 5.00 Mi

Active Population 5,356 50,184 159,284

Residential Count: 1,657 15,307 47,863

Average Household Income $57,635 $61,152 $56,313

Growth Since 2010 Census 12.20% 22.19% 19.73%Source: USPS Postal Count, 9/15

The Beltway 8 & Wallisville Road intersection has added over

700,000 SF to the trade area with strong retail sales from several

national retail chains. Local residential developments such as

Sonoma Ranch and New Forest Crossing have contributed to a 13%

population increase since the 2010 census and will continue to drive

area growth throughout the future.

Development:

A proposed 750,000 SF regional shopping center

Land Size:

131 Acres

Frontage:

The property has over 3,750 feet of frontage on Beltway 8

and on Highway 90, and 1,100 feet of frontage on Uvalde.

Traffic Counts:

95,287 cars per day on Beltway 8

31,615 cars per day on Highway 90

10.15 | 4.14

Dean Lane 281.477.4334 [email protected]

Ashley Williams281.477.4378 [email protected]

Page 3: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

SITE

Highway 90

Highway 9045

,580

CPD

45,5

80 C

PD

95,287 CP

D95,287 C

PD

Beltway 8

Beltway 8

Beltw

ay 8B

eltway 8

Woodforest757 Homes1,300 lots

New Forest827 Homes

Wood Forest1,153 Homes

Cloverleaf

Carpenter’s Landing444 Homes

Rancho Verde450 Homes5,000 Lots

Sonoma Ranch1,291 Homes

Sierra Ranch199 Homes

Stone�eld515 Homes

Liberty Lakes471 Homes

Sterling Green2,954 Homes

Riviera East663 Homes

Edgewood Village350 Homes

Tidwell Lakes Ranch96 Homes

Sunrise Pines464 Homes

Hidden Meadow1,323 Homes

Greensbrook383 Homes

Woodforest757 Homes1,300 lots

New Forest827 Homes

Wood Forest1,153 Homes

Cloverleaf

Carpenter’s Landing444 Homes

Rancho Verde450 Homes5,000 Lots

Sonoma Ranch1,291 Homes

Sierra Ranch199 Homes

Stone�eld515 Homes

Liberty Lakes471 Homes

Sterling Green2,954 Homes

Riviera East663 Homes

Edgewood Village350 Homes

Tidwell Lakes Ranch96 Homes

Sunrise Pines464 Homes

Hidden Meadow1,323 Homes

Greensbrook383 Homes

SWC of Beltway 8 & Highway 90 | Houston, Texas

Proposed - New Forest Town Center

SITE AERIAL

11.12 | 4.15

Page 4: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

SWC of Beltway 8 & Highway 90 | Houston, Texas

Proposed - New Forest Town Center

SP26 | 11.20.15

SITE PLAN

Page 5: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

TotalSupply

8673Q11 2443071,105 64 615 4,1291,1003406.7 45.0 4,8463837544Q11 2092821,186 61 552 4,0871,1422425.6 42.9 4,607305

6901Q12 2412371,245 57 535 3,9231,1552765.2 40.8 4,5062934692Q12 3452161,263 53 614 3,5631,2193615.8 35.1 4,6482825013Q12 4161891,199 51 656 3,3951,2403616.6 32.9 4,5073194024Q12 3762241,215 51 651 3,1801,3143166.4 29.0 4,678321

6261Q13 3992001,286 50 649 3,1491,4003626.1 27.0 4,5543647522Q13 4811791,328 51 711 2,8901,4253866.4 24.3 5,2923246803Q13 4752201,325 47 742 2,6641,4113476.7 22.7 5,2663166974Q13 4461671,331 49 662 2,5351,3422476.0 22.7 5,043327

4121Q14 4371821,284 48 667 2,2591,3023226.2 20.8 5,0893174142Q14 4481991,221 43 690 2,1041,2002846.8 21.0 5,554261

1,0913Q14 4421721,323 37 651 2,5231,2323795.9 24.6 10,1474181,3154Q14 4051381,365 34 577 2,5701,2802955.1 24.1 10,165369

1,5631Q15 4741231,317 31 628 2,5441,2783205.7 23.9 10,2172691,4942Q15 5231341,425 35 692 2,1711,4274335.8 18.3 10,5193691,5433Q15 5221511,445 40 713 2,5591,5074595.9 20.4 9,767438

Current SelectionsHistorical Housing Activity Summary

Qtr UCFinVacAnnClos

QtrClos Total Inv VDL

AnnStarts

QtrStarts

VDLSupply

Ann Lot DelivFut LotsModel

Copyright MetrostudyHouston Residential Survey (3Q15)

TX |

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Page 6: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

1.00 Mi 3.00 Mi 5.00 Mi Trade Area

DEMOGRAPHIC ADJUSTMENTSummary DataCensus 2010 Households 1,477 12,527 39,976 42,909Route Active Residential Count 1,657 15,307 47,863 51,079Census 2010 Average Persons per Household 3.22 3.27 3.32 3.33Census 2010 Population 4,774 41,076 133,486 143,673Recalculated Route Lower range 5,334 50,126 159,037 170,330Active Population Upper range 5,356 50,184 159,284 170,549Census Households vs Route Residential Count 12.20% 22.19% 19.73% 19.04%

RESIDENTIAL DEMOGRAPHICSOrigination Data Total Active Residential Count 1,657 15,307 47,863 51,079Active Residential Count 1,657 15,307 47,863 51,078Active Residential Delivery 1,657 15,299 46,611 49,160Active Residential Box - 8 1,252 1,917Additional Active General Delivery Count - - - 1Total Possible Residential Count 1,717 15,598 49,112 52,982Additional Possible General Delivery Count - - - 1Census 2010 Households 1,477 12,527 39,976 42,909Population in Households 4,754 41,022 132,830 143,0871 Person Household 16.13% 17.04% 17.24% 17.34%2 Person Household 25.93% 23.23% 22.66% 22.45%3 Person Household 18.29% 18.69% 17.98% 17.69%4 Person Household 18.64% 17.94% 17.57% 17.56%5 Person Household 11.47% 12.05% 12.52% 12.71%6 or More Person Household 9.54% 11.05% 12.03% 12.25%Population in Group Quarters 20 54 655 586Correctional Facilities - Adult - 13.45% 52.52% 52.86%Correctional Facilities - Juvenile - - - - Nursing Facilities - - 15.96% 15.65%College/University Student Housing - - - - Military Quarters - - - - Other Facilities 100.00% 86.55% 31.52% 31.49% Total Housing Units 1,608 13,811 44,320 47,821Occupied housing units 91.88% 90.70% 90.20% 89.73%Owner-Occupied Housing Units 79.11% 67.93% 63.23% 61.11%Renter-Occupied Housing Units 20.89% 32.07% 36.77% 38.89%

BUSINESS DEMOGRAPHICSDrop Site Business or Family Served Count 24 249 436 536Active Business Deliveries 53 649 2,791 3,681Possible Business Deliveries 55 685 3,004 4,032Active vs Possible Business Deliveries 3.54% 5.60% 7.62% 9.53%

Delivery Statistics as of 9/15

1.00 Mi 3.00 Mi 5.00 Mi Trade Area

POPULATION2015 Estimated Population 4,874 47,798 149,040 162,7192020 Projected Population 5,349 52,926 165,823 180,8722010 Census Population 4,590 42,493 135,557 147,6372000 Census Population 2,949 29,442 109,600 123,595Projected Annual Growth 2015 to 2020 1.9% 2.1% 2.3% 2.2%Historical Annual Growth 2000 to 2015 4.4% 4.2% 2.4% 2.1%

AGE 2015 Median Age 30.2 29.3 29.4 29.3

HOUSEHOLDS2015 Estimated Households 1,540 14,944 45,685 49,8392020 Projected Households 1,651 16,128 49,579 54,0512010 Census Households 1,421 12,951 40,573 44,1412000 Census Households 912 9,301 34,137 38,484Projected Annual Growth 2015 to 2020 1.4% 1.6% 1.7% 1.7%Historical Annual Growth 2000 to 2015 4.6% 4.0% 2.3% 2.0%

RACE AND ETHNICITY2015 Estimated White 50.2% 45.4% 47.4% 50.8%2015 Estimated Black or African American 27.3% 29.5% 26.9% 21.7%2015 Estimated Asian or Pacific Islander 2.4% 2.9% 2.1% 2.0%2015 Estimated American Indian or Native Alaskan 1.4% 0.9% 0.8% 1.1%2015 Estimated Other Races 18.6% 21.3% 22.9% 24.4%2015 Estimated Hispanic 51.0% 52.2% 56.0% 59.7%

INCOME2015 Estimated Average Household Income $57,635 $61,152 $56,313 $55,1682015 Estimated Median Household Income $50,870 $53,444 $48,071 $46,5802015 Estimated Per Capita Income $18,219 $19,128 $17,305 $16,932

EDUCATION (AGE 25+)2015 Estimated Elementary (0 to 8) 19.9% 19.8% 21.9% 24.0%2015 Estimated Some High School (9 to 11) 19.2% 18.7% 20.9% 20.7%2015 Estimated High School Graduate 28.7% 23.3% 23.2% 23.3%2015 Estimated Some College 15.1% 16.6% 15.6% 14.7%2015 Estimated Associates Degree Only 3.6% 4.7% 4.1% 4.2%2015 Estimated Bachelors Degree Only 6.7% 8.1% 7.1% 6.5%2015 Estimated Graduate Degree 6.6% 8.7% 7.2% 6.7%

BUSINESS2015 Estimated Total Businesses 104 806 2,880 3,9122015 Estimated Total Employees 1,115 9,880 31,892 51,3762015 Estimated Employee Population per Business 10.8 12.3 11.1 13.12015 Estimated Residential Population per Business 47.1 59.3 51.8 41.6

2000 - 2010 Census, 2015 Estimates with 2020 Projections

SWC of Beltway 8 & Highway 90 | Houston, Texas

Proposed - New Forest Town Center

SUMMARYPOSTAL

Page 7: Proposed - New Forest Town Center€¦ · 8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300. newquest.com. The information herein while based on data

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

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

newquest.com

The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. Rev. 12/16/15 ct

Information About Brokerage ServicesApproved by the Texas Real Estate Commission for Voluntary Use Texas law requires

all real estate licensees to give the following information about brokerage services to

prospective buyers, tenants, sellers and landlords.

Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If

you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement.

A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:

(1) shall treat all parties honestly;

(2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner;

(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and

(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless

authorized in writing to disclose the information or

required to do so by The Texas Real Estate License

Act or a court order or if the information materially

relates to the condition of the property.

With the parties’ consent, a broker acting as an

intermediary between the parties may appoint a

person who is licensed under The Texas Real Estate

License Act and associated with the broker to

communicate with and carry out instructions of one

party and another person who is licensed under that

Act and associated with the broker to communicate

with and carry out instructions of the other party.

If you choose to have a broker represent you, you

should enter into a written agreement with the broker

that clearly establishes the broker’s obligations and

your obligations. The agreement should state how

and by whom the broker will be paid. You have the

right to choose the type of representation, if any,

you wish to receive. Your payment of a fee to a

broker does not necessarily establish that the broker

represents you. If you have any questions regarding

the duties and responsibilities of the broker, you

should resolve those questions before proceeding.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant Date

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)

TREC No. OP-K / 10-10-11