NewQuest Acquires a 154,000 SF Development in Carrollton, TX

Carrollton Town Center is located at the southeast corner of President George Bush Turnpike and Old Denton Road, in Carrollton, Texas.

A major redevelopment of an existing 154,000 SF center, Carrollton Town Center will be anchored by a new 50,000 SF 99 Ranch Market grocery store and will feature extensive common-area features and contemporary storefront upgrades designed to create an exciting destination to shop and dine.

Carrollton is located just northwest of Dallas and is home to over 5,000 businesses while maintaining a high quality of life for its residents. Forbes Magazine recently awarded Carrollton the rank of #12 on its annual “America’s Best Places to Move” list.

99 Ranch is the country’s largest Asian supermarket chain, with over 40 locations in California, Nevada, Washington, and Texas. Founded in 1984, 99 Ranch Market provides a wide and diverse array of both specialty ethnic foods and more traditional grocery items. Known for its immense produce selection and incredible seafood and meat counters, 99 Ranch provides a truly unique and gourmet shopping experience for any shopper.

Carrollton Town Center marks the third D/FW acquisition for NewQuest in the past year.

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