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.

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Greatland Investments Unveils Plans For Premier Site in Houston Heights

September 20, 2017

Retail developer Greatland Investments Inc. will kick off a redevelopment project in first quarter 2018 on a high-profile site at a popular gateway to the Heights Hike & Bike Trail in northwest-central Houston. The 0.3-acre tract at 3215 White Oak Dr. is one of the largest sites zoned for new development in the Heights Historic […]

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NewQuest’s Stone Hill Town Center Lands Holiday Inn Express, Tru by Hilton

September 12, 2017

NewQuest Properties is poised for new growth at its top-ranked Stone Hill Town Center in central Texas, selling two adjacent tracts to different franchisees of internationally acclaimed hospitality chains. Ground is expected to break in early 2018 on an 86-key Holiday Inn Express and a Tru by Hilton, the first one to be developed deep […]

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Rosenberg Shopping Options Expand in Brazos Town Center

August 21, 2017

A new lease with a national pet store chain is jump-starting construction of another retail building in Rosenberg’s Brazos Town Center. Designs are being drawn for a 20,500-square-foot building for one of the remaining development sites in the 550-acre project. Brazos Town Center, an open-air complex with more than 1.8 million square feet of space, […]

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August 7, 2017

Bath & Body Works has leased 3,658 sf of retail space in Creekside Town Center, located at the intersection of Interstate 35 and FM 306, New Braunfels, from NewQuest Properties. Ashley Strickland and David Meyers of NewQuest Properties represented the landlord. Lilly Golden of Evergreen Commercial represented the tenant. Juicy Burgers has leased 2,450 sf […]

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Recent Transactions

July 25, 2017

SOUTH TEXAS LEASES MedExpress has leased 25,722 sf of retail space in Brazos Town Center, located at the intersection of Interstate 69/US Hwy. 59 and FM 762, Rosenberg, from NewQuest Properties. Bob Conwell of NewQuest Properties represented the landlord. Stephen Tou and Zachary Hoffer of the Retail Connection represented the tenant. Smoothie King has ground-leased […]

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A shopper’s guide to Daiso dollar store and its cool Carrollton center

July 12, 2017

One of the cheapest and most fun in-town excursions is the Carrollton Town Center, a new outdoor center at the southeast corner of George Bush Turnpike and Old Denton Road. It’s become my favorite corner in Dallas-Fort Worth right now; you can spend an afternoon there and feel like you’ve been completely transported to another […]

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Boutique fitness studio to open first Texas location in new Montrose project

June 26, 2017

Spenga, a Chicago-based boutique fitness studio, is entering the Texas market with its first location in Montrose. The company leased 4,011 square feet at 307 Westheimer Road, and it’s planning additional Houston locations, according to JLL. Spenga’s name is an amalgam of spin, strength and yoga, and it combines cardio, strength and flexibility in 60-minute, […]

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Development Continues from Katy Freeway to Morton Ranch Road

June 13, 2017

KATY (Covering Katy) – It’s less than three miles between the Katy Freeway and Morton Ranch Road and in that small stretch, business are opening at a rapid pace. McDonalds, Moe’s Irish Pub and Chick-fil-A are among the retail establishments that will, or have opened in the area. The development is happening due to the […]

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Large-acreage land deals make a comeback in Houston amid oil recovery

June 9, 2017

As Houston pulls itself out from a local energy recession, developers are getting more bullish about large-acreage land deals, which have been all but non-existent during the oil slump. Case in point: Johnson Development Corp.’s latest acquisition — 1,619 acres in northwest Harris County— is one of the largest land deals to close in the […]

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Houston suburb named one of the nation’s best places to live

June 6, 2017

Katy is one of the nation’s most family-friendly places to live, according to a new report. HomeUnion Inc. named the west Houston suburb on its list of the 30 best places to live for families, based on a combination of home affordability and access to good schools. The Irvine, California-based online real estate investment management […]

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