Coming out of the ground: Telfair's 180 acres of prime commercial tracts along US 59 in Sugar Land

With Fluor's headquarter relocation, Texas Instrument's new Fort Bend office, Empire Commercial Development's new medical office building, Group 1 Automotive's site acquisition for their new auto dealership, combined with plans for the new Sugar Land Performing Arts Center, Telfair at Highway 59 and University Boulevard is starting to take shape.

Colliers International is pleased to announce development news on Telfair and its 180 acres of prime commercial property at the intersection of Highway 59 and University Boulevard in Sugar Land. The property represents the last prime freeway-fronting property in Sugar Land.

Projects closed in the commercial development include:

Charlie Herder,Kolbe CurticeandCorbin Janssenwith Colliers are representing Newland Communities, the developer of Telfair, to market the property. "The Telfair commercial tracts along the freeway represent one of the very best suburban commercial development opportunities in the state" said Charlie Herder, co-chairman & principal of Colliers in Houston. "Upon full build-out, the property will add over a billion dollars of new capital investment and will be the home for several thousand employees. Other likely development on the property includes medical/professional office, banks, restaurants, retail, additional office buildings and a full service hotel."

In addition to the proposed new commercial development, the City of Sugar Land is considering plans and funding for a festival ground site, a community park (cricket, lacrosse, adult soccer, tennis, flag football, trails, picnic pavilions and other amenities), and improvements to Brazos River Park (kayak/canoe launches, hike and bike trails, etc.) on Telfair property adjacent to the approved Sugar Land Performing Arts Center.

About Telfair

One of the top-selling communities in the United States since it opened in 2006, Telfair is a 2,018-acre master-planned community located at U.S. Highway 59 South and University Blvd. A development of Newland Communities, Telfair is home to approximately 2,800 single-family homes, ranging from low-maintenance patio homes to luxury estate homes.

With an award-winning land plan inspired by the historic center city of Savannah, Ga., Telfair has over 300 acres of recreational amenities, including numerous parks and squares, miles of greenbelt trails and scenic meandering lakes. Telfair is also home to the Houston Museum of Natural Science at Sugar Land, located in a historic building donated to the museum by Newland Communities.

Telfair has won numerous awards, including several Landmark Awards from the Houston Business Journal, and a Community of the Year award from the Greater Houston Builders Association. For more information, visitwww.telfair.com.

About Colliers International

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Coming out of the ground: Telfair's 180 acres of prime commercial tracts along US 59 in Sugar Land