Cypress Professional Office Condos › ... › Cypress-Professional-Office-Condos.pdfNWQ of Huffmeister Rd. and Copper Grove Blvd. | Houston, Texas Cypress Professional Office Condos

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

www.newquest.com

NWQ of Huffmeister Rd. and Copper Grove Blvd. | Houston, Texas

Cypress Professional Office Condos

Ori Batagower Neal Thomson

281.477.4300

Office Condos For Sale In Growing Suburb



NORTHWEST

CY-FAIR BY THE NUMBERS

HOUSTON

CYPRESS

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%GROWTH

HOUSTON MOVES

FROM 2000 - 2014

HISTORIC ANNUAL

*2000-2012 U.S. Census with 2014 estimates and 2019 projections. U.S. Postal Service Delivery 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.

*1 mile radius

Grand ParkwayOpening of the northern segments of Texas 99 in 2015. When completed, it will be the longest beltway in the U.S., (170 miles) and the third (outer) loop to the Houston metro.

$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

• Rebuild and widen U.S. 290 (Northwest Freeway from I-610 to Waller, Texas• 38 miles currently under construction, completion in 2017

$2.4 Billion U.S. 290 Expansion

• Price Range $180K - $1.1 Million• 2,129 homes (1Q/2015)• 20,000 homes when completed• By the Howard Hughes Corporation

Bridgeland

Once CompletedThe Bridgeland Community will be the largest

Master-Planned Community in the

United States.

Cypress 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.

In the continued path of growth, the project is located on the west side of Huffmeister, just south of Tuckerton in the heart of Cy-Fair, only a half a mile south of Hwy 290.

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. Size:

• 4,500 SF units

ContactOri Batagower281.477.4307 | [email protected]

Neal Thomson281.477.5010 | [email protected]

SITE

Cypress FallsHigh School

Oak Cliff PlaceWortham Grove

White Oak Falls

Dominion at Copperfield

Copper Grove

Point Northwest

Crossroads Park

IndustrialPark

Gateway Northwest

Huffm

eist

er R

d

Tuckerton Rd Hempstead Hwy

N Eldrige Pkw

y

2014 Estimated Population 15,006 120,549 299,8942014 Estimated Average Income $85,239 $91,819 $92,027

2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports) .

Demographics

United States Census Information

United States Postal Service Delivery Statistics

Lat/Lon: 29.9141 / -95.631909 1.00 Mi 3.00 Mi 5.00 Mi

2000 - 2010 Census, 2014 Estimates with 2019 Projections Calculated using Proportional Block GroupsLat/Lon: 29.9141 / -95.631909 1.00 Mi 3.00 Mi 5.00 Mi

Active Postal Population 16,157 117,320 309,231Postal Households Since 2010 Census 13.01% 3.56% 9.37%Total Active Residential Count 6,159 42,227 105,778Population in Households 14,297 113,264 282,671

Delivery Statistics as of 12/2014

2000-2010 Census, 2014 Estimates with 2019 Projections.



07.15

SP27SP27

SITE

PLA

NNWQ of Huffmeister Rd. and Copper Grove Blvd. | Houston, Texas












2014 Estimated Population 15,006 120,549 299,8942019 Projected Population 16,123 129,523 322,1972010 Census Population 14,109 113,355 282,0122000 Census Population 7,888 76,353 179,323Projected Annual Growth 2014 to 2019 1.5% 1.5% 1.5%Historical Annual Growth 2000 to 2014 6.4% 4.1% 4.8% 2014 Median Age 30 33.6 33.3 2014 Estimated Households 5,812 43,583 103,4092019 Projected Households 6,266 46,994 111,5022010 Census Households 5,426 40,688 96,5432000 Census Households 3,003 26,949 61,891Projected Annual Growth 2014 to 2019 1.6% 1.6% 1.6%Historical Annual Growth 2000 to 2014 6.7% 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 $92,0272014 Estimated Median Household Income $66,403 $77,228 $78,9302014 Estimated Per Capita Income $33,013 $33,201 $31,742 2014 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 8,6422014 Estimated Total Employees 4,845 42,539 97,6972014 Estimated Employee Population per Business 13.0 11.6 11.32014 Estimated Residential Population per Business 40.4 32.7 34.7

Demographics

United States Census Information

Lat/Lon: 29.9141 / -95.631909 1.00 Mi 3.00 Mi 3.00 Mi

2000-2010 Census, 2015 Estimates with 2020 Projections. Calculated using Proportional Block Groups

SP272010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports) .

Demographics

United States Postal Service Delivery Statistics

Summary Data Census 2010 Households 5,451 40,776 96,712Route Active Residential Count 6,159 42,227 105,778Census 2010 Average Persons per Household 2.62 2.78 2.92Census 2010 Population 14,297 113,349 283,172Recalculated Route Lower range 16,157 117,295 309,169Active Population Upper range 16,157 117,320 309,231Census Households vs Route Residential Count 13.01% 3.56% 9.37%

Origination Data Total Active Residential Count 6,159 42,227 105,778Active Residential Count 6,159 42,227 105,777Active Residential Delivery 6,159 42,227 104,272Active Residential Box - - 1,505Additional Active General Delivery Count - - 1Total Possible Residential Count 6,172 42,550 106,494Additional Possible General Delivery Count - - 1Census 2010 Households 5,451 40,776 96,712 Population in Households 14,297 113,264 282,671Population in Group Quarters - 85 501Correctional Facilities - Adult - - - Correctional Facilities - Juvenile - - - Nursing Facilities 100.00% 71.46% 88.61%College/University Student Housing - - - Military Quarters - - - Other Facilities - 28.54% 11.39% Total Housing Units 5,855 43,177 102,382Occupied 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 3,425Active Business Deliveries 316 2,555 7,192Possible Business Deliveries 317 2,669 7,586Active vs Possible Business Deliveries 0.31% 4.45% 5.48%

Delivery Statistics as of 03/2015

Lat/Lon: 29.9141 / -95.631909 1.00 Mi 3.00 Mi 3.00 Mi

De

mo

gra

phi

cA

dju

stm

ent

Resi

de

ntia

l D

em

og

rap

hic

sBu

sine

ssD

em

os

Pop

ula

tion

Ho

use

hold

sPo

pul

atio

n By

Ra

ce

Inc

om

eEd

uca

tion

(Ag

e 2

5+

)Bu

sine

ss

Why NewQuest?

Launched by a team of leading real estate professionals, NewQuest Properties was formed in 2001. 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 2008.

• 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

Shreveport

Corpus Christi

Sherman

Galveston

Bartonville

HoustonMetro

San AntonioMetro

AustinMetro

D/FWMetroplex

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.

Our Footprint

Who We AreKey Facts



Demographics

Traffic Counts Texas Department of Transportation

Northwest Freeway

Hempstead HwyJa

ckr

ab

bit

Rd

West Rd

Point Northwest Blvd

Copper Cove Blvd

Tuckerton Rd

Huf

fme

iste

r Rd

29,000 CPD

17,000 CPD

132,000 CPD

149,000 CPD

45,000 CPD

3,000 CPD

4,000 CPD

23,000 CPD

18,000 CPD

5,000 CPD14,000 CPD

43,000 CPD

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

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040-5383 | 281.477.4300

www.newquest.com

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

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.

Revision 07/14/2015 JG

Documents

Cypress Professional Office Condos › ... › Cypress-Professional-Office-Condos.pdfNWQ of Huffmeister Rd. and Copper Grove Blvd. | Houston, Texas Cypress Professional Office Condos