SOUTH TEXAS SALE
Quick ‘N Clean Carwash has acquired a 0.74-acre tract,leased to Classic Hand Car Wash, at 4976 TX 6 N, Houston, from IPX 1031 Investment Property Exchange Services Inc. Nick Ramsey of NewQuest Properties represented the buyer in the direct deal.
SOUTH TEXAS LEASES
McAlister’s Deli has leased 2,800 sf of retail space in Fort Bend Town Center Phase II, located at the intersection of TX 6 and Fort Bend Tollway, Missouri City, from NewQuest Properties. Andrew Alvis and Bob Conwell of NewQuest Properties represented the landlord. Clay Graham of Fox & Graham represented the tenant.
Origin Bank has leased 1,860 sf of retail space at 5201 W 34th St., Houston, from Morrow Holding Co. LLC. Austen Baldridge and Bob Conwell of NewQuest Properties represented the landlord. Preston Cunningham of Cunningham Ventures represented the tenant.
NewQuest Properties, founded in 2001, is a privately owned, full-service commercial real estate firm specializing in development, land brokerage, leasing, tenant representation, investment sales and property management services. Headquartered in Houston, NewQuest owns a portfolio encompassing more than 100 retail and mixed-use projects exceeding $2.3 billion in value and provides leasing services for more than 12 million square feet of commercial space in Texas, Louisiana, Arizona, Georgia and throughout the U.S.
