More than five years’ worth of strategic land sales and leases in Aliana, a 2,000-acre master-planned community in southwest Houston, preceded NewQuest’s purchase of 57.2 acres in the community for a high-end retail development.
JLL’s Simmi Jaggi and Elizabeth Clampitt were brought on by Aliana Development Co. around six years ago to transform the community into a self-sufficient hub with plenty of retail to cater to Aliana’s rooftops. From the start, Jaggi and Clampitt said their strategy involved bringing storefronts from Target Corp. (NYSE: TGT) and H-E-B to Aliana. From there, other major retailers and developers would follow.
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