South Texas Sales
J-R 1726 Inc. has purchased 11.96 acres at the intersection of Crawford and Tanner roads, Houston, from Payton D. Waters Sr., Payton D. Waters Jr. and Payton D. Waters, trustee. Brad LyBrand and David K. Meyers of NewQuest Properties represented the buyer. David Boyd of Boyd Commercial represented the seller.
Swanson Resources LLC has purchased a 6,660-sf warehouse on 0.59 acres at 6715 Theall Rd., Houston, from SME Associates Property Holding LLC. Jeff Lokey of NewQuest Properties represented the seller in the direct deal.
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.