SOURCE: NewQuest Properties

NewQuest Properties

July 03, 2012 09:07 ET

New Kroger Signature Store Now Open in Fort Worth

FORT WORTH, TX--(Marketwire - Jul 3, 2012) -   NewQuest Properties proudly announces the opening of a new Kroger Signature store, which includes a fuel center, to Fort Worth, Texas. The shopping center, called The Shops at Timberland Crossing, is located at the northeast corner of Timberland Road and North Beach at 12600 North Beach Street. The 100,000-square-foot Signature store, which is the first store of-its-kind that Kroger has built from the ground up in the Fort Worth area, anchors the center that consists of approximately 20 acres, including three pad sites and 21,000 square feet of additional retail space. Other tenants in the center thus far include Bank of America, McDonald's, Pizza Hut and Great Clips. 

The Kroger Signature concept places more emphasis on an interactive customer experience and offers more natural and organic foods, chef-prepared meal solutions, and ethnic and gourmet food choices. Along with the fuel center, the new store features a pharmacy and offers a vast wine and beer selection. Kroger currently has 30 Signature stores in the Dallas-Fort Worth market. 

"We have served the city of Fort Worth for many years with five stores," says Gary Huddleston, consumer affairs director for Kroger. "We remodeled several locations in the city to Signature stores some years ago, but we're excited to build this location from the ground up to better fit the needs and wants of the growing population in that area."

NewQuest has worked with Kroger to complete a Signature store at the Fort Bend Town Center in Missouri City, Texas, as well as a Kroger Marketplace store at Brazos Town Center in Rosenberg, Texas

"NewQuest was honored to be a part of Kroger's Fort Bend Town Center project," says Jay Sears, partner for NewQuest Properties. "NewQuest has worked with Kroger for many years and we look forward to assisting them in their continued expansion plans." 

About NewQuest Properties
Geographically diversified throughout Texas, NewQuest Properties currently has a portfolio of approximately 12 million square feet which includes 50 NewQuest owned centers. NewQuest has $1.06 billion in assets, and is a market leader in the development of retail centers, coordinating every aspect of retail center development from land acquisition, financing, design and development to leasing and property management.