HOUSTON – September 13, 2012 – NewQuest Properties is pleased to announce the formation of NewQuest Investment Company, a retail investment partnership focused primarily on acquiring grocery-anchored retail centers in select U.S. markets.
NewQuest Properties has developed more than 10 million square feet of retail shopping centers and currently owns more than 50 centers throughout Texas. NewQuest Investment Company will allow the company to leverage its expertise in all facets of retail real estate nationwide.
“NewQuest Investment Company’s expertise in identifying and acquiring shopping centers aligns nicely with the acquisition goals of NewQuest Properties.” says Katherine Hatcher, President and Chief Operating Officer with NewQuest Properties. “The team’s experience will be invaluable in allowing us to add to our existing portfolio on a national scale.”
NewQuest Investment Company offices will be located in the NewQuest Properties building located at 8827 W. Sam Houston Parkway N., Suite 200, in Houston, Texas.
About NewQuest Properties
NewQuest Properties is a leader in retail leasing, tenant representation, commercial development, and land brokerage. Formed in July 2001 by a team of leading real estate professionals, NewQuest leases more than 12 million square feet in Texas and has assets that include over 50 retail centers.