the crossing at telfair - loopnet...- nalco hampion oil company finished construction of the...

■ STRONG LOCAL ECONOMY

» Major corporate employment hub

» Almost 400,0000 in daytime population within 7 miles

» Over $100,000 in Average HH Incomes

» Over 55% of population with Bachelor’s Degree

■ MAJOR GROWTH & DEVELOPMENT AREA

» Projected job growth through 2018: 18.4%

» Over 1 billion in capital investments since 1999

■ MAJOR INTERSECTION

» 49,000 cars per day on State Highway 6 (2012 TXDot count)

» 47,000 cars per day on US-90 (2012 TXDot count)

■ 112 - ACRE MIXED-USE DEVELOPMENT

» Retail . Office . Hotels

■ REGIONAL LOCATION

» Access from 6 major highways within a 7mi radius:

S.H. 6 . US-90 . I-69. Grand Parkway.

Beltway 8 . Westpark Tollway

» Sugar Land Airport with on-site U. S. Customs service

. 250 aircraft operations per day

. Used by over 100 of Fortune 500 companies

» Sugar Land’s Constellation Field stadium -

. over 500,000 attendees in 2014

■ STRONG TRAFFIC DRAW

» HEB . Chuy’s . Pet Supermarket

Disclaimer: The information contained in this file, while supplied by sources deemed reliable, is subject to errors and omissions and is not, in any way, warrantied by Rubicon Realty Group or by an agent, independent associate or employee of Rubicon Realty Group. This information is subject to change without notice.

Highways 6 & 90, Sugar Land, TX 77479

The Crossing at Telfair

For Information Contact: Inna Gallagher 713.817.5030 (cell) 281.313.0000 x. 15 [email protected]

Condo office park (70 condos)

(Plans under development)

36,000 SF Retail Center (Permitting)

19,600 SF Office Building

(Plans under development)


construction )

Approved to construct a fully

signalized intersection in 2018.

Currently right in/out

Connector roads

(Permitting)

Highways 6 & 90, Sugar Land, TX 77479

The Crossing at Telfair

Univ

ersit

y Blv

d

“i-232” “i-222”

“C-400”

2 x 7,500 SF retail centers (Under development)

- Coming in 2018

(open)

(open)

(open)

(open)

(open)

(open)

Coming Soon (Plans under development)

PR

OP

OSED

PR

OP

OSED

PROPOSED PROPOSED

Coming Soon (Plans in permitting)

Coming Soon (Lease signed)

“i-232” “i-222”

“C-400”


Executive Offices

Coming Soon (Lease signed)

Disclaimer: The information contained in this file, while supplied by sources deemed reliable, is subject to errors and omissions and is not, in any way, warrantied by Rubicon Realty Group or by an agent, independent associate or employee of Rubicon Realty Group. This information is subject to change without notice. Disclaimer: The information contained in this file, while supplied by sources deemed reliable, is subject to errors and omissions and is not, in any way, warrantied by Rubicon Realty Group or by an agent, independent associate or employee of Rubicon Realty Group. This information is subject to change without notice.

BUILDINGS “i-222” and “i-232”

222 and 232 SH 6, Sugar Land, TX 77498

Base Rent: $40 PSF / Year

NNNs: Est. at $10 PSF /Year

Delivery: Fall 2018 (open)

(open)

(open)

State Highway 6

i-222

i-232

PROPOSED

PROPOSED

Building 222

Suite 100 Smoothie King 1,400 SF

Suite 200-500 Available 6,100 SF (Divisible)

Building 232

Suite 100-500 Available 7,500 SF (Divisible)

(Lease Signed)


BUILDING “C-400”

400 Promenade Way, Sugar Land, TX 77478

Available: 1,300 to 12,800 SF

Base Rent: $29 to $31 PSF / Year

NNNs: Est. at $8.50 PSF /Year

TI Allowance: $22 PSF

Delivery: Summer 2018

Eyelash Salon (LOI Pending) Pet Supermarket

(Lease Signed)

Sugar Land Business Park Redevelopment Phase II

(120 Acres) &

State Training Facility

(21 Acres)

University Drive

Sugar Land Airport

HOUSTON

Baseball Stadium

(7,500 seats)

First Colony Mall

(1,100,000 Sq Ft)

HOSPITAL

SUGAR LAND AIRPORT

(Average 250 flights/day,

Adding another runway)

(375 emp.)


(1,400 employees)

(500 employees)

NALCO OIL (860 emp.)

Schlumberger Corp. (2,100 emp. Expanding: 517 emp.)

FLOUR (2,100 emp.)

(350 emp.)

Fort Bend ISD Training Facility (Opening 3Q 2018)

(2,000 students/day)

Performing Arts Center

(6,400 seats)

To Grand Parkway

As of late 2014, Sugar Land was selected as one of the nation’s strongest economies. Sugar Land has now more than

64,500 jobs and is home to high-profile regional and international corporations housed in more than 25 million square feet

of commercial space, including more than 15 Fortune 500 companies with a significant presence. Further, Sugar Land’s

assessed commercial valuation has more than doubled in just over a decade—increasing by over $2 billion.

Recent Developments:

- Nalco Champion oil company finished construction of the additional facilities and now has over 1,000 employees in their Sugar Land headquarters (right by The Crossing at Telfair)

- Skeeters Constellation Field, a $36 million 7,500-seat stadium, keeps exceeding attendance expectations with approximately 487,684 visitors in 2015

- The city of Sugar Land is in the process of annexing Greatwood and New Territory ETJs, in order to support and facilitate growth in the surrounding areas

2017-2019 Upcoming Development:

- University of Houston College of Technology received a $54 million allocation to construct a new 150,000-sq.-ft. classroom building, which is slated for completion in 2019

- Smart Financial Performing Arts Center, a 6,400-seat $84 million development, is scheduled to open in January 2017 and projects to have 100 shows per year. Sting has already been announced to be one of the first artists to perform.

- Shlumberger Oil plans on consolidating its operations in Sugar Land and proposes to build more than 250,000 square feet of Class A office space and a new 100,000-square-foot “amenities” building.

- Fort Bend ISD Career and Technical Educational Facility, a $59 million project slated for August 2018 opening, will be located on 65 Acres (right behind the Crossing at Telfair) and service approximately 2,000 students daily.

- Sugar Land Regional Airport, used by over 100 of Fortune 500 companies, received a $12 million dollar grant from TxDOT (believed to be the largest single grant allocated by TxDOT) to add another taxiway

- Sugar Land Business Park Phase II, a new development across Hwy 90 from The Crossing at Telfair, has 121 Acres under development for a business park and 21 acres for a state training facility

- All three highways (I-59, Hwy 90, and Grand Parkway 99) going through Sugar Land are being expanded to accommodate the increased traffic in the area. US I-59 has been renamed into I-69 Interstate and is being expanded all the way to Corpus Christy.

- Fluor Corporation purchased 50 acres at the southeast corner of Highway 59 and University Boulevard. Between 500,000 and 1 million square feet of office space is planned for the site. The company has entered an incentive agreement with the City of Sugar Land and has committed to $165MM of capital investment. More importantly, 2,000+ employees will remain in the city.

- Texas Instruments purchased 7.4 acres and is fully underway constructing its approximately 160,000-square-foot office building, with expansion plans for an additional 40,000 square feet. The company will be relocating approximately 400 employees, primarily engineers in their new product design group.

- ABM, a Fortune 500 company, is bringing 390 employees into their new 62,000 SF office in Sugar Land


Sugar Land is booming! DEMOGRAPHICS

3 MILE

RING

28.27 SQ/MI

5 MILE

RING

78.53 SQ/MI

7 MILE

RING

153.91 SQ/MI

2013 Total Population 75,143 219,921 450,472

2013 Total Daytime Population 81,358 206,363 395,964

2013 Total Employees (% of Daytime Population) 51.1% 42.8% 38.7%

% Population Change 2010 to 2018 22.6% 17.8% 17.3%

2018 Projected Total Population 84,997 246,291 500,790

2013 Total population: Median age 38 37 35

% 2013 White alone 47.3% 45.0% 42.2%

% 2013 Black or African American alone 10.0% 14.8% 21.1%

% 2013 Asian alone 35.7% 31.0% 23.8%

% 2013 Hispanic 12.8% 17.6% 26.3%

% 2013 Not Hispanic Population 87.2% 82.4% 73.7%

2013 Household income: Median $96,757 $88,449 $71,842

2013 Household income: Average $111,251 $103,835 $88,912

2013 Per Capita Income $36,289 $33,123 $27,854

% 2013 Occupation: White collar 82.6% 77.7% 67.7%

% 2013 Occupation: Blue collar 17.4% 22.3% 32.3%

% 2013 Educational Attainment: Bachelor's degree 30.8% 29.6% 24.6%

% 2013 Educational Attainment: Master's degree 13.8% 12.0% 9.1%

% 2013 Educational Attainment: Professional school degree 2.6% 2.3% 1.7%

% 2013 Educational Attainment: Doctorate degree 2.9% 2.2% 1.6%

2013 Home value: Median $226,228 $191,965 $162,433

% 2013 Owner occupied housing units 77.9% 76.1% 71.3%

% 2013 Renter occupied housing units 22.1% 23.9% 28.7%


FOR MORE INFORMATION CONTACT:

Inna Gallagher

713.817.5030 / 281.313.0000 x.15

[email protected]

Scott Weaver

281.313.0000 x.10

[email protected]

3281 Rocky Creek Drive, Suite 100

Missouri City, Texas 77459

281.313.0000

www.RubiconRealty.com

HOUSTON

SUGAR LAND

the crossing at telfair - loopnet...- nalco hampion oil company finished construction of the...

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