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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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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Exclusive: New development to bring much-needed health care to Heights

May 9, 2017

A freestanding mixed-use building that’s been in the works for years should bring several new concepts to the Heights. Heights Central, a 15,000-square-foot building underway at 927 Studewood St., broke ground last week, said NewQuest’s Chris Dray, who serves as executive vice president of the brokerage. Dray owns and is developing the 927 Studewood property […]

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Crepes, Churros and Cajun Food: Carrollton Koreatown Gets Five New Restaurants

May 2, 2017

Already open: Kickin Crab, a Cajun seafood franchise with several locations in California (this is their first in Texas); Churro Alley, a new concept specializing in “handcrafted churros” with a variety of toppings; and Rice Chicken, a Korean fried chicken franchise that, with the opening of its new Carrollton location, now has two restaurants in […]

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Cambridge Architectural Metal Mesh Texturizes Houston Metro’s Katy Grand Park & Ride

March 23, 2017

Large panels of Cambridge Architectural metal mesh were used to texturize the new $21.1 million Katy Grand Park & Ride, in Katy, Texas. The massive, 600,000 square-foot-garage opened in February and was built on an 11-month accelerated schedule to accommodate the growing number of Metro bus riders in West Houston. Architects from developer NewQuest Properties […]

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Buy Your Pup a Birthday Cake at This ‘Natural’ Bakery and Deli for Dogs

March 21, 2017

There’s a new “natural” bakery and deli coming to North Richland Hills, but there’s a twist: none of their fresh-baked treats and deli items are meant for human consumption. At Wag N’ Wash Food & Bakery, a franchise that has 15 locations in eight states, you can wash your own pup at self-service stations, have […]

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Pflugerville Chamber of Commerce -2017 Awards Ceremony

March 14, 2017

For Immediate Release March 2017 The 2017 Pflugerville Chamber of Commerce Banquet & Awards Ceremony was held Thursday, March 2, 2017, in the Heritage Center, at Dell Diamond. During the evening, the Chamber honored those Individuals and Businesses whose accomplishments go above and beyond expectations. This year’s award categories included Large Business of the Year […]

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Construction Begins on First Fast-Food Restaurants for Grand Morton Town Center

March 13, 2017

KATY (Covering Katy) – Construction will soon be underway on the initial wave of fast-food restaurants for freeway-fronting sites in Grand Morton Town Center in Katy. The center is anchored by a Kroger Marketplace, which opened last October. Taco Bell will be going vertical in the coming weeks on a 29,815 square foot ground-leased pad […]

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CCIM Commercial Forecast

March 1, 2017

CCIM Commercial Forecast The 2017 Commercial Real Estate Forecast Competition was held last month. The CCIM Chapter event brought some of Houston’s biggest and brightest commercial real estate experts together to discuss current market conditions, trends, and most importantly – the commercial real estate forecast for 2017.  NewQuest’s Mathew Reed presented his 2017 market predictions […]

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Recent Transactions

February 16, 2017

NORTH TEXAS LEASE Rice Chicken has leased 3,000 sf of retail space in Frisco Ranch, located at the intersection of Preston Road and Warren Parkway, Frisco, from NewQuest Properties. Heather Nguyen and John Nguyen of NewQuest Properties represented the landlord. George Tak of Jual Properties represented the tenant.  SOUTH TEXAS LEASES Thrive Affordable Vet Care […]

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