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Walton Global Sells 129-Acres in DFW for Development

Walton Global Sells 129-Acres in DFW for Development. Alternative Investments, Commercial Real Estate, Investment, Investing, Land, Private Equity, Private Placement, Reg D, Regulation D, Walton, Walton Global

Walton Global, a real estate investment and land asset management company, announced the sale of 129 acres within the Princeton Master Plan in the Dallas-Fort Worth area. 116 acres of the property are intended for residential development, while 13 acres are intended for commercial space.

“The Princeton Master Plan sale is a very exciting one, and we look forward to the development that is to come,” said Bill Doherty, CEO of Walton Global. “The DFW area is pro-growth and pro-development, and we hope to continue to expand our presence there.”

Located just 30 minutes northeast of Dallas, future residents will have direct frontage to US Highway 380 between McKinney and Greenville with easy access to major employment centers such as Samsung, Cisco, HP, Boeing and Toyota. In addition, the Princeton Master Plan is close to many shopping outlets and restaurants in the surrounding area.

“Princeton has continued to have some of the highest annual starts and closing numbers in DFW year over year,” said Rane Pearson, real estate broker for the buyer. “We think it is an excellent location within the submarket to take advantage of the ongoing growth in the area. The visibility from Highway 380 and future 380 bypass are all positives for the property within such a great submarket.”

Princeton is one of the fastest-growing cities in Collin County, Texas. It offers a small-town feel with two city parks, opportunities for water recreation, a country club, and golf course, Heritage Ranch & Golf Country Club and Oak Hollow Golf Course. It also provides access to several highways and is minutes from Highway 75 for a convenient commute to work.

Walton Global currently manages over 13,000 acres of land in the DFW area, and the company continues to seek out regional opportunities to work with developers to create sustainable communities that stand the test of time and support the growing population.

This sale is just the latest transaction in what has been a busy year for Walton. As previously reported by The DI Wire, Walton sold a 329-acre parcel in Virginia earlier this month, along with a 151-acre parcel in October. Walton also launched multiple new offerings this year, including a California DST offering and an EB-5 program. Just last week the company announced the acquisition of 111 acres in Arizona for a massive planned residential community.

Walton Global is a privately owned land asset management and real estate investment company with $3.37 billion in assets under management and more than 90,000 acres of land under ownership, management, and administration in the United States and Canada.

For more Walton news, please visit their directory page.