NewQuest Deals - South Texas Sales

10/12/20

SOUTH TEXAS SALES

Long CAP LP has acquired the 10,000-sf Long Point Shopping Center on 0.92 acres at 9207-9221 Long Point Rd., Houston, from NU Way LLC. Austen Baldridge and David Luther of NewQuest Properties represented the seller in the direct deal.

JENAP Investments LLC has acquired a 7,500-sf warehouse on 4.8 acres at 1219 Wunsche Loop, Spring, from Axiom Wunsche Loop LLC. Jeff Lokey of NewQuest Properties represented the seller in the direct deal.

SOUTH TEXAS LEASE

Furniture & Beyond has leased 15,115 sf of retail space in Kroger Junction, 2619 Red Bluff Rd., Pasadena, from 2619 Realty Holding LLC. Austen Baldridge of NewQuest properties represented the landlord in the direct deal.

CENTRAL TEXAS SALE

IH3546 FREIHEIT LLChas acquired an 88,599-sf Kohl's on 8.85 acres at 1050 N. Interstate 35, New Braunfels, from KPE Firstplace Land LLC. Marc Peeler, David Luther and Austen Baldridge of NewQuest Properties represented the buyer. Burns Commercial Properties represented the seller.

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 60 retail and mixed-use projects valued at $2.2 billion and provides leasing services for more than 12 million square feet of commercial space in Texas, Louisiana and throughout the U.S.

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