(KATY) - Shops at Katy Reserve will be Memorial Hermann Health System's newest primary care services' location in the healthcare giant's network.
The Houston-based healthcare provider has leased an 8,945-sf freestanding building on the last available pad site fronting Spring Green Boulevard in the NewQuest development, home to nearly 1.72 million sf of class A retail space in west Katy. The permitting process is underway, with an anticipated opening penciled for late summer or early fall.
Shops at Katy Reserve is situated at the intersection of FM 1463 and Spring Green Boulevard, just south of Katy Freeway.
"Memorial Hermann is going to be a great addition to the Shops at Katy Reserve. It's a strong brand that generates activity wherever it goes," says Lara Lee LaMendola, one of NewQuest's broker associates. She and Kevin Sims, vice president, represented the landlord.
NewQuest and Memorial Hermann have been locked in negotiations since last spring for the vacant structure, which is strategically positioned on 1.07 acres at one of the project's multiple entrances. Matt Parsons of JLL represented the healthcare provider.
"Memorial Hermann's primary care services certainly will add to the daytime activity," LaMendola says, "and will pair well with our existing tenants by creating a one-stop experience for basic needs, dining and shopping."
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