Houston-based NewQuest Properties recently closed a land sale and a warehouse acquisition, both in Houston. J-R 1726 Inc. has purchased 11.96 acres at the intersection of Crawford and Tanner roads in 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-square-foot warehouse on 0.59 acres at 6715 Theall Road in Houston from SME Associates Property Holding LLC. Jeff Lokey of NewQuest Properties represented the seller in the direct deal.