NewQuest Deals - South Texas Sale

12/7/20

SOUTH TEXAS LEASE

Crumbl Cookies has leased 1,572 sf of retail space in the Grand at Aliana, located at the intersection of West Grand Parkway S and West Airport Boulevard, Richmond, from NewQuest Properties. David K. Meyers and Josh Friedlander of NewQuest Properties represented the landlord. Greg Stanislawski and Mark Stanislawski of the Retail Strategy represented the tenant.

SOUTH TEXAS SALES

APG Industrial LaPorte LLC has sold a 12,810-sf warehouse on 5.6 acres at 401 N. 16th St., La Porte, to ESCO International Trading LLC. Dave Ramsey and Brad Elmore of NewQuest Properties represented the seller in the direct deal.

Turbo Restaurant Management LLC has sold a 2,219-sf vacant structure on a 0.7-acre pad site at 9540 Hwy. 6, Missouri City, and 2,150-sf vacant building, also on a 0.7-acre pad site, at 9046 FM 1960 Bypass W., Humble, to Briggs of Missouri City Properties LLC. Andrew Alvis of NewQuest Properties represented the seller. Tyson Walker of BWB Advisors represented the buyer.

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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