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NewQuest Properties Announces New Joint Venture in Houston, TX

HOUSTON, TX -- (Marketwire) -- 09/17/12 -- NewQuest Properties is pleased to announce the formation of NewQuest Epic Investments, a retail investment partnership focused primarily on acquiring grocery-anchored retail centers in select U.S. markets.

The NewQuest Epic Investments team is comprised of Daniel J. Holland as President, Nick Tortorice as Vice President and Jason Maddox as Chief Operating Officer. These retail real estate industry veterans collectively possess more than 58 years of extensive experience in acquisitions, development, and asset management for a broad range of institutional investors. Together they have acquired, developed and asset managed more than $1.9 billion of retail properties in primary and secondary markets for both private and public investors across 19 states, ranging from Florida to Alaska.

NewQuest Properties, a leading Houston commercial real estate company, has developed more than 10 million square feet of retail shopping centers and currently owns more than 50 centers throughout Texas. NewQuest Epic Investments will allow the company to leverage its expertise in all facets of retail real estate nationwide.

"NewQuest Epic'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 Epic Investments 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 market 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.

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