SEGUIN, Texas–(BUSINESS WIRE)–Lovett Industrial, a Houston-based industrial real estate investment and development firm, today announced a joint venture with NewQuest to develop Seguin Exchange Commerce Park, a 164-acre Class A industrial campus located at the highly visible northwest corner of Interstate 10 and Highway 46 in Seguin, Texas.
The project is part of NewQuest’s 544-acre Seguin Exchange, a transformative mixed-use development that will include retail, restaurant, entertainment, hospitality, medical, multifamily and industrial uses. The shopping center anchoring the project will encompass more than 750,000 square feet, serving one of the fastest-growing regions in the United States. The integration of large-scale industrial development alongside a dynamic retail and commercial environment will create a unique live-work-serve ecosystem unlike traditional industrial parks.
Upon full build-out, Seguin Exchange Commerce Park will deliver more than 2.0 million square feet of industrial and manufacturing space, with building sizes ranging from 30,000 to 1.3 million square feet. The development will accommodate both speculative facilities and build-to-suit users, including advanced manufacturing, logistics, and high-power operations.
Major infrastructure work is already underway, including construction of a regional detention facility and primary arterial roadways that will serve future building pads. Planned utility improvements are designed to support a broad range of industrial uses, positioning the park to attract significant new employers to the region.
Located directly along Interstate 10, the project offers immediate access to Austin, San Antonio, and major regional distribution corridors. More than 1.2 million workers live within a 45-minute drive, and nearly 30% of the local workforce is employed in manufacturing — reinforcing Seguin’s strong industrial foundation and pro-business climate.
Charlie Meyer, President & CEO of Lovett Industrial, said:
“This is an incredibly exciting opportunity to help attract new businesses to Seguin on one of the most visible and strategically located sites along the I-10 corridor. With infrastructure already underway, we’re delivering a development-ready project designed to support meaningful industrial and manufacturing growth from day one.
Partnering with NewQuest is especially meaningful for me, having previously worked there and seen firsthand the strength of their platform. Bringing together NewQuest’s retail development leadership with Lovett Industrial’s industrial expertise creates a powerful partnership between two of the most established development firms in the State of Texas.”
Leasing for Seguin Exchange Commerce Park is provided by Ty Bragg, Lee Jordan, and Ford Douglass of Cavender & Hill.
About Lovett Industrial
Founded in 2020 and headquartered in Houston, Texas, Lovett Industrial is a privately held, vertically integrated logistics real estate investment platform focused on developing and acquiring high-quality industrial assets that are differentiated by their quality, location, and functionality. Active in more than 16 markets across the United States, the company’s portfolio includes approximately 24 million square feet of completed, acquired, and under-construction industrial space, with additional 15 million square feet planned for future development. Lovett Industrial’s founders bring more than 60 years of combined experience in commercial and industrial real estate, providing the expertise and vision that drive the company’s disciplined investment strategy and long-term growth. For more information, visit www.lovettindustrial.com and follow @Lovett_industrial on social media.
About NewQuest
NewQuest, founded in 2001, is a privately owned, full-service commercial real estate firm specializing in development of retail and mixed-use shopping centers, asset management and brokerage services. Headquartered in Houston, NewQuest owns a portfolio encompassing more than 100 retail and mixed-use projects exceeding 12 million square feet of commercial space in Texas, Louisiana, Arizona, Georgia and throughout the U.S.
Lovett Industrial Press Contact:
Lily Aguilar
Lily.aguilar@lovettindustrial.com
