Key Land Transaction to Enhance Chapel Lakes Development Montgomery, Texas - July 25, 2024 - Newcor is pleased to announce that our land team, David Alexander and Josh Cheatham, successfully facilitated the sale of 14.39 acres of prime land between Rabon Chapel 14, LLC and DR Horton. DR Horton, America’s Builder, has strategically acquired this tra...
Final Lease Secures 100% Occupancy for 1755 Woodstead Court The Woodlands, TX, July 22, 2024 – Newcor is pleased to announce the successful leasing of 3,320 RSF at 1755 Woodstead Court, securing full occupancy for the boutique office building. Ryan Dierker of Newor represented the landlord, Keyes Holdings LLC, in this transaction. The tenant, Diamo...
⭐️Featured Property Friday⭐️For Sale - This prime medical office property comprises two well-maintained buildings, offering a total of 9,093 square feet of space. Building #1 spans 6,593 square feet, while Building #2 offers an additional 2,500 square feet, providing ample room for various medical practices or related services. Situated on a genero...
We would like to introduce you all to our "Deal" Pickle 🥒It's only fitting that David Alexander and Josh Cheatham are the first to snag a photo with him! They have done an exceptional job over the last month, closing 4 major land deals! 👏We are sincerely grateful to have these two outstanding gentlemen leading our land team. The...
Newcor Facilitates Significant Purchase of 411 Acres Near Lake Conroe Montgomery, Texas - July 17, 2024 - Newcor is pleased to announce that we have represented the buyer, J. Alan Kent Development, in the acquisition of 411 acres of prime land located on FM-1097 in Montgomery, Texas. The land is in close proximity to the scenic Lake Conroe and dire...
Happy Monday, esteemed colleagues and followers! As we delve into another week, let's take a closer look at the latest trends and developments in the commercial real estate market. Market Overview 1. Economic Indicators and Impact: The current economic landscape continues to influence commercial real estate dynamics. With inflation rates stabilizin...
Newcor Helps Piney Woods Business Park in Spring Achieve 100% Occupancy in Record Time Spring, Texas - July 3, 2024 - Newcor, is pleased to announce the remarkable milestone of achieving full occupancy at their newly developed Piney Woods Business Park located at 4033 Kreinhop Road in Spring, Texas. This achievement was realized just three m...
Newcor Facilitates Sale of Prime 10-Acre Tract at Highway 242 and Old Houston Road Conroe, Texas - July 2, 2024 - Our esteemed land team, consisting of David Alexander and Josh Cheatham, has successfully facilitated the sale of a 10-acre tract of land located at the strategic crossroads of Highway 242 and Old Houston Road in Conroe. The buye...
Spring, Texas - July 3, 2024 - Newcor is proud to announce the successful lease of a 3,600 square foot space to Gradum Gswing. This expansion marks Gradum Gswing’s continued growth in the Houston market, establishing their second location in the area. The new site, located in the Piney Woods Business Park at 4033 Kreinhop Rd. in Spring, Texas, will...
"The best way to predict the future is to create it." - Peter Drucker🌇Happy Monday, Commercial Real Estate Enthusiasts!At Newcor, we are not just anticipating the future – we are building it. As Quarter 2 closes and Quarter 3 begins, our development team as been hard at work preparing for upcoming projects! From development to capital management to...
Newcor Facilitates Sale of 19.18 Acres Tract in Montgomery, Texas. Montgomery, Texas - June 25, 2024 - Newcor Commercial Real Estate is pleased to announce the successful facilitation of the sale of a 19.18 acres tract of land in Montgomery, Texas. The transaction was handled by our dedicated team members, Josh Cheatham and David Alexander, who orc...
David Alexander is starting the week off with a win! He just placed Bacon Nation, a prominent plumbing and HVAC company, in one of our 5,400 SF vacant office spaces at 4033 Kreinhop Road, in Spring, Texas. The lease marks a significant step for Bacon Nation as they expand their operations to the vibrant Houston area.To all fellow brokers, let ...
Perma-Pipe, a global leader in engineered pipe services, has announced the lease of an 8,719 square foot space in the Chase Building located at 25025 Interstate 45 in The Woodlands, Texas. This strategic move marks a significant expansion for Perma-Pipe as they continue to grow their footprint in the region. Perma-Pipe is renowned for its expertise...
The collaboration of our 3 companies on this project has been a dream come true! It flawlessly demonstrates the Newcor Wheel in action, encompassing land acquisition, funding procurement, development, and the identification of the ideal buyer.Newcor Development and Matt Gonzales really outdid themselves! Congratulations on the completion of a ...
Spring, Texas - May 10, 2024 - Newcor Commercial Real Estate proudly announces the successful acquisition of a 1-acre parcel at 500 Rayford Road, Spring, Texas. David Alexander and Josh Cheatham of Newcor, represented the buyer, Shree Rang Krupa of Texas, LLC, in this strategic transaction. The land was sold by Woodlands Warehouse, LLC., with repre...
What's Up Wednesday: Industry News and Market TrendsHappy Wednesday, everyone! Here’s a roundup of the latest happenings, trends, and exciting developments in the commercial real estate sector:Industry News📢 New Legislation Alert: Recent legislation aimed at revitalizing urban commercial districts has been passed, providing new incentives for devel...
Take a peek inside the newly renovated Suite 100 in The Millside Building! 👀🌟 Enjoy newly renovated common areas, 24/7 tenant access, state-of-the-art surveillance, and ultra-fast dedicated fiber internet. Experience the best in convenience and connectivity!
Newcor Brokerage Services - Negotiating "Kick-Out" Clauses in Commercial Leases 👟 Navigating commercial lease agreements can be daunting, but understanding the nuances of personal guaranties can significantly empower tenants. Here are four strategic tips to enhance your lease terms:1. Eliminate Personal Guaranty: Aim to negotiate out of person...
Newcor, is pleased to announce a significant capital acquisition, with the firm's first investment in the industrial outdoor storage (IOS) sector. This strategic acquisition took place on March 18, 2024, and is located at 1500 Miles St., just two blocks from Watco’s Greens Port, which is one of the busiest terminals serving the Port and Houston’s S...
What's Up Wednesday:The Fed Worries About Bank CRE Loans for a Good Reason The interest rates hikes will likely lead to major property value corrections that could further undermine banks. The Federal Reserve and other regulators have been focused of late on bank problems, and well they should. But concern is now spreading to commercial real...
