Texas Commercial Real Estate News
Texas commercial real estate news at NewQuest Properties helps keep you informed about our company, as well as the Texas economy and commercial real estate development.
Texas Heritage Marketplace set to break ground in 2020 off Pederson Road, I-10
July 23, 2018
NewQuest Properties will break ground in 2020 on a shopping center called Texas Heritage Marketplace in the southeast corner of I-10 and Pederson Road, said Austin Alvis, an associate at NewQuest Properties who is working on the project. A NewQuest Properties brochure on the development indicates the shopping center will offer up to 450,000 square […]
Drew Brees-backed Sports Bar Picks First 2 Houston-Area Locations
June 7, 2018
Houstonians have plenty of sports bar options, but enterprising operators continue to see the city as fertile ground for new concepts. Walk-On’s Bistreaux & Bar, a Louisiana-based restaurant that counts New Orleans Saints quarterback Drew Brees as one of its owners, is starting to fulfill the promise it made two years ago to open eight […]
North Fry Road Retail Center Has New Owner
May 30, 2018
KATY (Covering Katy News) – The Westlake Shopping Center at the intersection of North Fry and Saums Roads has unexpectedly been sold. Owner NewQuest Properties and partners received an unexpected off-market offer from locally based VCK Group. The sale price was not disclosed. The shopping center is 71,107 square feet and it is 95%-leased according […]
NewQuest’s Ramsey, Land Group Mark Stellar Year
May 3, 2018
Dave Ramsey, vice president in NewQuest Properties Land Group, has earned the top overall and land producer’s honor for 2017 for the company. The ten-broker division’s transactions volume topped $230.4 million and more than 3,500 acres in Texas, predominately Greater Houston. Ramsey’s sales accounted for $101.9 million of the grand total and 2,844 acres, the […]
NewQuest Properties, VillaSport Athletic Club and Spa Kick Off Work This Summer on Stableside’s Phase II
April 16, 2018
KATY, Texas – NewQuest Properties and VillaSport Athletic Club and Spa are poised to add a new dimension to lifestyle retail development, inking a landmark lease that kicks off Stableside at Falcon Landing’s phase II construction and marks the brand’s first anchor spot in a large-scale commercial project. Construction will begin in the summer on […]
VillaSport Athletic Club and Spa inks big lease in Katy
April 16, 2018
VillaSport Athletic Club and Spa will kick off the next phase of the Stableside at Falcon Landing retail center in the Katy area with its third location in the Houston market. The private club has leased 121,000 square feet for a location to open in 15 months, developer NewQuest Properties announced. The project, designed by […]
Recent Transactions
April 9, 2018
SOUTH TEXAS LEASES Auto Zone has ground leased 28,795 sf (0.66 acres) in Cross Creek Commons, located at the intersection of FM 1463 and South Fry Road, Fulshear, from NewQuest Properties. JJ McDermott of NewQuest Properties represented the landlord. Independent broker Edwin Williams represented the tenant. League City Pediatric Dentistry has leased 2,450 sf of […]
A New Development Is Bringing More Asian Food Options to Katy
February 7, 2018
Katy Grand, another Asian-focused food development, is slated to begin construction this spring on the north side of I-10 at Grand Parkway. Not to be confused with nearby Katy Asian Town, the development at 23330 Grand Circle Boulevard just announced it’ll be home to 85°C Bakery, Kura Revolving Sushi Bar, and six or seven more […]
2 Competing Visions for Washington Ave will Line Up Side by Side in Guadalajara Bakery Block Redo
February 1, 2018
WHICH SUITS the new Washington Ave better: sidewalk-fronting buildings or strip centers? If ever there were a project that illustrated that fundamental choice, it’s this one. New exterior renderings from developer NewQuest show the block of Washington between Leverkuhn and Jackson Hill St., just west of Five Guys’s strip center spot, redone as Washington Central […]
Cinemark-anchored Katy Grand retail center set for expansion
January 30, 2018
NewQuest Properties will break ground this spring on a second phase of Katy Grand after securing commitments from Kinokuniya, 85C° Bakery Café and Kula Revolving Sushi Bar. The new phase will add two buildings totaling 36,000 square feet to the Cinemark-anchored retail center at the northeast corner of the Grand Parkway and the Katy Freeway. […]
