NewQuest Properties has landed Chipotle Mexican Grill and AT&T for the Four Corners retail center in a double play that returns 100% occupancy to the west Houston project.
Chipotle and AT&T have leased 2,483 sf and 2,055, respectively, at 9319 Hwy. 6 S. The space, formerly a single-tenant end cap, was vacated roughly two years ago by a national mattress chain.
Andrew Alvis, senior associate of Houston-based NewQuest Properties represented the landlord, CFT NV Developments Inc. of Las Vegas. The new leases have been one year in the making.
"It's now off my plate. It feels great to have leased the balance of the project to two good national tenant groups," Alvis says.
Chipotle and AT&T, both signing long-term leases, will co-tenant with Panda Express and Cash Store in the project, located at the hard corner of Bissonnet Street and Hwy. 6. The site includes a freestanding Starbucks.
NewQuest plans to deliver the spaces in mid-May to the center's new tenants for their respective finish-outs. Chipotle and AT&T anticipate opening in the summer.
Traci Holman of Baker Katz represented Chipotle Mexican Grill and Elliott Bridger of Streetwise Retail Advisors negotiated on behalf of AT&T.
SOUTH TEXAS LEASES
The Cookshack has leased 3,431 sf of retail space in Washington Central, 4015 Washington Ave., Houston, from DZ Washington LLC. Ashley Strickland and Nick Ramsey of NewQuest Properties represented the landlord. Kyle Anz of HGA Holdings LLC represented the tenant.
Chipotle Mexican Grill has leased 2,483 sf of retail space in Four Corners, 9318 Hwy. 6 S., Houston, from CFT NV Developments LLC. Andrew Alvis of NewQuest Properties represented the landlord. Traci Holman of Baker Katz represented the tenant.
AT&T has leased 2,055 sf of retail space in Four Corners, 9318 Hwy. 6 S., Houston, from CFT NV Developments LLC. Andrew Alvis of NewQuest Properties represented the landlord. Elliott Bridger of Streetwise Retail Advisors represented the tenant.
SOUTH TEXAS SALE
Willis Hillside RV Resort LLC has purchased 20.01 acres at 13390 E. FM 1097, Willis, from Sam and Zina Bosworth. Randy Nerren of NewQuest Properties represented the buyer. David Alexander of Newcor Commercial Real Estate represented the seller.
NewQuest Properties, founded in 2001, is a privately owned, full-service commercial real estate firm specializing in development, land brokerage, leasing, tenant representation, investment sales and property management services. Headquartered in Houston, NewQuest owns a portfolio encompassing more than 60 retail and mixed-use projects valued at $2.2 billion and provides leasing services for more than 12 million square feet of commercial space in Texas, Louisiana and throughout the U.S.
