Cypress Professional Office Condos
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1 Cypress Professional Office Condos Office Condos For Sale In Growing Suburb Ori Batagower Neal Thomson Leasing Tenant Representation Development Land Brokerage Acquisition Property Management
2 Cypress Professional Office Condos CY-FAIR BY THE NUMBERS Cypress is in northwest Harris County and located completely inside the extraterritorial jurisdiction of the City of Houston. The Cypress urban cluster ranks 50th in the top 100 highest-income urban areas in the United States. 6.7% HISTORIC ANNUAL GROWTH FROM *1 mile radius * U.S. Census with 2014 estimates and 2019 projections. U.S. Postal Service Deliver y Statistics as of 12/2014. This data was produced from private and government sources and deemed to be reliable. The information is provided without representation or warranty. Grand Parkway Opening of the northern segments of Texas 99 in When completed, it will be the longest beltway in the U.S., (170 miles) and the third (outer) loop to the Houston metro. HOUSTON MOVES NORTHWEST CYPRESS Bridgeland Price Range $180K - $1.1 Million 2,129 homes (1Q/2015) 20,000 homes when completed By the Howard Hughes Corporation Once Completed The Bridgeland Community will be the largest Master-Planned Community in the United States. $2.4 Billion U.S. 290 Expansion Rebuild and widen U.S. 290 (Northwest Freeway from I-610 to Waller, Texas 38 miles currently under construction, completion in 2017 $2.3 Billion Hempstead Tollway / Future Rail Build a new 24 mile toll road from I-610 to TX 99 (Grand Parkway) Construction to begin after the completion of U.S. 290 project Proposed commuter rail and hike & bike trail included in plan HOUSTON
3 Cypress Professional Office Condos C ypress Professional Office Condos presents a tremendous opportunity for the professional to own their own office building in a stunning development unlike anything seen before in Houston. Instead of leasing space with nothing to show for the expenditure of huge sums of money and the end of the lease term, ownership is the clear choice for any prudent professional. Oak Cliff Place Wortham Grove In the continued path of growth, the project is located on the west side of Huffmeister, just south of Tuckerton in the heart of CyFair, only a half a mile south of Hwy 290. Cypress Falls High School Tuckerton Rd Huffmeis ter Rd White Oak Falls SITE Tuckerton will be the main entry road into the center of three major housing developments in Stone Gate, Town Lake and Bridgeland, a new 11,400 acre development. Gateway Northwest Size: 4,500 SF units He mp ste a dh wy Crossroads Park Dominion at Copperfield N Eldrige Pkwy Copper Grove Industrial Park Demographics United States Census Information Census, 2014 Estimates with 2019 Projections. Lat/Lon: / Mi 2014 Estimated Population 2014 Estimated Average Income 15, , ,894 $85,239 $91,819 $92, Mi United States Postal Service Delivery Statistics 5.00 Mi Delivery Statistics as of 12/ Census, 2014 Estimates with 2019 Projections Calculated using Proportional Block Groups Lat/Lon: / Mi 3.00 Mi 5.00 Mi Active Postal Population Postal Households Since 2010 Census Total Active Residential Count Population in Households 16, % 6,159 14, , % 42, , , % 105, , Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports). Contact Ori Batagower Point Northwest obatagower@newquest.com Neal Thomson nthomson@newquest.com
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9 Demographics United States Census Information Census, 2015 Estimates with 2020 Projections. Calculated using Proportional Block Groups Lat/Lon: / Mi 3.00 Mi 3.00 Mi Demographics United States Postal Service Delivery Statistics Delivery Statistics as of 03/2015 Lat/Lon: / Mi 3.00 Mi 3.00 Mi Population 2014 Estimated Population 15, , , Projected Population 16, , , Census Population 14, , , Census Population 7,888 76, ,323 Projected Annual Growth 2014 to % 1.5% 1.5% Historical Annual Growth 2000 to % 4.1% 4.8% 2014 Median Age Demographic Adjustment Summary Data Census 2010 Households 5,451 40,776 96,712 Route Active Residential Count 6,159 42, ,778 Census 2010 Average Persons per Household Census 2010 Population 14, , ,172 Recalculated Route Lower range 16, , ,169 Active Population Upper range 16, , ,231 Census Households vs Route Residential Count 13.01% 3.56% 9.37% Households Population By Race Income Education (Age 25+) Business 2014 Estimated Households 5,812 43, , Projected Households 6,266 46, , Census Households 5,426 40,688 96, Census Households 3,003 26,949 61,891 Projected Annual Growth 2014 to % 1.6% 1.6% Historical Annual Growth 2000 to % 4.4% 4.8% 2014 Estimated White 52.4% 62.7% 61.7% 2014 Estimated Black or African American 21.1% 14.4% 13.6% 2014 Estimated Asian or Pacific Islander 13.2% 10.1% 10.5% 2014 Estimated American Indian or Native Alaskan 0.5% 0.5% 0.6% 2014 Estimated Other Races 12.8% 12.3% 13.6% 2014 Estimated Hispanic 26.4% 28.1% 31.3% 2014 Estimated Average Household Income $85,239 $91,819 $92, Estimated Median Household Income $66,403 $77,228 $78, Estimated Per Capita Income $33,013 $33,201 $31, Estimated Elementary 3.8% 4.7% 5.7% 2014 Estimated Some High School 3.2% 5.8% 6.2% 2014 Estimated High School Graduate 20.2% 21.7% 23.4% 2014 Estimated Some College 25.8% 25.3% 24.1% 2014 Estimated Associates Degree Only 10.5% 7.6% 6.7% 2014 Estimated Bachelors Degree Only 26.4% 25.3% 24.2% 2014 Estimated Graduate Degree 10.1% 9.5% 9.6% 2014 Estimated Total Businesses 372 3,682 8, Estimated Total Employees 4,845 42,539 97, Estimated Employee Population per Business Estimated Residential Population per Business Residential Demographics Business Demos Origination Data Total Active Residential Count 6,159 42, ,778 Active Residential Count 6,159 42, ,777 Active Residential Delivery 6,159 42, ,272 Active Residential Box - - 1,505 Additional Active General Delivery Count Total Possible Residential Count 6,172 42, ,494 Additional Possible General Delivery Count Census 2010 Households 5,451 40,776 96,712 Population in Households 14, , ,671 Population in Group Quarters Correctional Facilities - Adult Correctional Facilities - Juvenile Nursing Facilities % 71.46% 88.61% College/University Student Housing Military Quarters Other Facilities % 11.39% Total Housing Units 5,855 43, ,382 Occupied housing units 93.09% 94.44% 94.46% Owner-Occupied Housing Units 42.02% 62.17% 68.61% Renter-Occupied Housing Units 57.98% 37.83% 31.39% Drop Site Business or Family Served Count 211 1,795 3,425 Active Business Deliveries 316 2,555 7,192 Possible Business Deliveries 317 2,669 7,586 Active vs Possible Business Deliveries 0.31% 4.45% 5.48% 2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports). SP27
10 Demographics Traffic Counts Texas Department of Transportation Why NewQuest? Northwest Freeway 29,000 CPD 132,000 CPD 149,000 CPD Tuckerton Rd 3,000 CPD Copper Cove Blvd Hempstead Hwy 17,000 CPD 45,000 CPD 14,000 CPD Huffmeister Rd 5,000 CPD Key Facts Over $1.41 billion in assets and over 100 employees 8,214,134 SF of projects owned by NewQuest 12,135,000 Total building SF leased by NewQuest 155 Centers leased by NewQuest, 86 of which are third-party assets In-house architecture, construction project management, legal, marketing, graphic design, and research departments Property management department managing 10,570,713 SF of retail projects consisting of all types of investment groups, 2,356,579 SF of which are for third-party clients Who We Are Launched by a team of leading real estate professionals, NewQuest Properties was formed in Steve Alvis of Quest Properties, Jay K. Sears of Sears Realty, and Kyle Lippman of Nathan, Sommers, Lippman, Jacobs & Gorman established one of the fastest-growing retail development companies in the Southwest. In 2003, H. Dean Lane, Jr., formerly Vice President of Boyd Page, joined NewQuest as development partner and Director of Retail Brokerage. Katherine Hatcher joined NewQuest as President and Chief Operating Officer in ,000 CPD West Rd Point Northwest Blvd 4,000 CPD 43,000 CPD 18,000 CPD Jackrabbit Rd Our Footprint NewQuest Properties is a market leader in retail space leasing, management, development, land brokerage, investment sales and tenant representation throughout South Central United States. With projects from the Red River to the Rio Grand Valley, NewQuest has a proven track record of meeting the needs of a diverse client roster. Our in-house team can coordinate every aspect of retail center development, leasing, acquisition, financing, architectural design, marketing, space planning, and property management. San Antonio Metro Sherman Bartonville Austin Metro D/FW Metroplex Corpus Christi Houston Metro Galveston Shreveport
11 Information About Brokerage Services Approved 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 , ( TREC No. OP-K / Revision 07/14/2015 JG Leasing Tenant Representation Development Land Brokerage Acquisition Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 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.
Challenger Plaza. 803 E. NASA Pkwy. Webster, Texas. Neal Thomson Retail Space Available
Neal Thomson 281.477.4300 Retail Space Available Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
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700 Durham Drive NEC of Durham Drive and Floyd Street Houston, Texas Chris Dray Danny McCormack 281.477.4300 Available for Lease Leasing Tenant Representation Development Land Brokerage Investment Sales
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Bob Conwell Jeff Lokey 281.477.4300 Hard Corner Pad Site Available For Sale Or Lease Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway
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Rebecca Le 281.477.4300 Grocery Anchored Development Coming Soon Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston,
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Former Luby s Restaurant John Nguyen Heather Nguyen 281.477.4300 Building for Sale Price Reduced - $700,000 Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management
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NEC of Highway 290 & Skinner Road, Texas Rebecca Le Rachael Keener 281.477.4300 Retail & Office Space Available Leasing Tenant Representation Development Land Brokerage Acquisition Property Management
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Josh Friedlander 281.477.4300 Hard Corner Retail Available in Midtown Leasing Tenant Representation Development Land Brokerage Acquisition Property Management RENDERING 3511 Milam is a rare opportunity
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1.4 Acres Beltway & Kempwood Rebecca Le 21.477.4300 Ground Lease 312,000 sf Class A Office 110 Acre Site WestPoint Corporate Center 4 Million SF Office/Hotel/Retail SITE Leasing Tenant Representation Development
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Glenn Dickerson Jon Jamison 281.477.4300 Available for Sale Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston,
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Ryan Sweeney 281.477.4300 Commercial Reserves Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
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Ori Batagower 281.477.4300 Available For Sale Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
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9.55 Acres Mills Rd. at Gessner Rd. Mills Road between Hwy 249 & Gessner Road Houston, TX Brad LyBrand 281.477.4300 9.55 Acres For Sale West Greens Extension W. Greens Road Cutten Road Industrial Area
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A Natural Commerce Park Brad LyBrand 281.477.4300 ±115 Acres For Sale N. Frazier Overpass Up to $500's FM 3083 Teas Nursery Rd. Conroe Marketplace 4 Story Office Ingress ±90,000 CPD Egress Plantation Dr.
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SE GUIN Seguin Town Center Austin Alvis Ashley Williams 281.477.4300 Retail Space Available for Lease Pad Sites Available for Sale or Lease Multi-Family 28 Acres Se Park 8 Acres Multi-Family 17 Acres gu
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