THE SHOPS AT STONE PARK OPENS

HOUSTON — The grand opening has been held for The Shops at Stone Park, a new retail center located at the intersection of Beltway 8 and Wallisville Road in Houston. The 259,000-square-foot power center was developed by a joint venture between NewQuest Properties and Ley-Wilson Properties. Tenants include JC Penney, Best Buy, Marshalls, Rack Room Shoes, Party City, Dress Barn, rue 21 and Mattress Giant. Chick Fil-A and Staples are scheduled to open in February 2010. Occupancy is currently 91 percent. The Shops at Stone Park is the third major project at the intersection that the joint venture has constructed, bringing the total amount of retail space built to approximately 700,000 square feet.