Pine Market Town Center

Property Highlights

EAT|SHOP|LIVE – Pine Market Town Center is a suburban lifestyle center featuring over 30+ one-of-a-kind tenants with luxury loft apartments.

URBAN EXPERIENCE – The next stage will bring a lush park to the center for live events and foster bustling walkways to enhance consumer involvement.

COMMUNITY CENTER – Encapsulated by the Woodforest master-planned community, its 27-hole golf course and resort-style amenities.

MOTIVATED MARKET – Despite high growth and affluence, the closest boutique center is Market Street, 30 minutes away in The Woodlands.

CREATIVE DEALS - Leases start at $25 psf and increase to market rent over the first 18 months, providing immense savings over a min 7-year term.

Property Overview

PINE MARKET TOWN CENTER

An ambitious, multi-phase mixed-use project that will bring over 250,000 square feet of retail, office, and multifamily space. Pine Market Town Center presents the opportunity to join dozens of top-performing, synergetic tenants, including Anytime Fitness, Harvest Market Grocery, Beerforest, Adventure Kids Playcare, Clean Juice, Woodforest Fine Dentistry, and many more. There are currently eight planned phases of Pine Market Town Center, with more on the horizon. Phase 1 began the project with two chic storefront buildings before Phase 2 brought the Harvest Market Grocery anchor and over a dozen more tenants to cement Pine Market Town Center as a Montgomery staple.

PHASE 3 & 4

Phase 3 has been fully completed, with some tenants already operating, and Phase 4 is almost complete, adding seven more buildings combined. Buildings 1, 2, and 10 feature luxury apartments on the second floor, with the ground floor reserved for retail. Building 5 has retail on the bottom floor and office space above it, with the remaining building reserved for retail use. This dual-level approach to many of the buildings activates the streetscape whilst maintaining a consistently livened atmosphere by the day-to-day residents and employees.

REALTY 1 PARTNERSHIP

Realty 1 Partners owns and has been overseeing Pine Market Town Center since its inception. The team has already helped dozens of excellent tenants get started here, and they have a vested interest in making this the premier lifestyle center for the region as local residents themselves. Realty 1 Partners is offering exclusive deals to new tenants to start their lease at $25 per square foot which will increase to $33 dollars by the end of the first 18 months on a minimum 7-year term. This allows tenants to get adjusted to the center at $8 below market rent and be in full swing by the time the full rate is imposed.

WOODFOREST WAYPOINT

Surrounding the center is Woodforest, Montgomery’s top-selling master-planned community, and its 27-hole championship golf course, Woodforest Golf Club. The community is planned for 5,500 new homes and features resort-style amenities, an active adult community, a worship center, and a sportsplex. Homes start upwards of $300,000, generating an estimated $800 million tax base, with the best part being that Pine Forest is these residents’ central retail outlet.

EMERGING MARKET

As Houston’s northward migration pushes past Spring and The Woodlands, what was once a rolling, rural landscape is now dotted with million-dollar homes and chic shopping centers. Pine Forest is in a particularly concentrated node of development as it balances suburban seclusion with community connectivity. Within just two miles of Pine Forest, median home values are nearing $500,000, with an average household income of $173,583. The number of those households is projected to jump 25% and raise annual consumer spending by $65 million over the next five years.

Space Notes

Building 1: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. Current tenants include a crafts store, Italian ice shop, a leasing office, and a mortgage company. It is catty corner on opposite sides to the fire station and public park, with other apartment and retail buildings surrounding it. 

Building 2: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. Current tenants include a home builder, salon suites, and a bespoke boutique. Similar buildings with apartments on the second floor and retail on the bottom surround it to the South and East with a public park and three retail buildings to the North and West.

Building 3: Multi-tenant retail building next to the public park that currently features a Japanese restaurant. It offers an excellent end-cap opportunity and will have a built-in consumer base from the adjacent apartments and single-family homes from the encapsulating master-planned community.

Building 4: Multi-tenant retail building with premium exposure to the public park and the adjacent apartment buildings. It is in a synergetic location as it is steps away from Phase 2, which features Harvest Market Grocery, Anytime Fitness, multiple restaurants / cafes, wellness services, and more.

Building 5: Two-story building with office space on the second floor and street-level retail. It sits across Pine Market Avenue from Phase I and II, placing it next to nearly 30 established tenants, including Pine Market Town Center’s primary anchors.

Building 8: Retail building steps away from the public park and the newly built apartment buildings. It sits across Pine Market Avenue from Phase 1 and 2, placing it next to nearly 30 established tenants, including Pine Market Town Center’s primary anchors.

Building 10: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. It is situated across Newday Avenue from the rest of Phases 3 and 4, providing great sightlines from the public park and the retail corridor formed between Buildings 1 and 2.