Home Alts News Walton Global Sells 681 Acres in Austin-San Antonio Corridor

Walton Global Sells 681 Acres in Austin-San Antonio Corridor

Walton Global, a real estate investment firm and sponsor of private placement offerings, has closed on a bulk sale of 681 acres in San Marcos, Texas. The land project, called Turner Crest, was acquired by SafeHand Holdings LLC for an undisclosed price.

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Walton Global, a real estate investment firm and sponsor of private placement offerings, has closed on a bulk sale of 681 acres in San Marcos, Texas. The land project, called Turner Crest, was acquired by SafeHand Holdings LLC for an undisclosed price.

Located in Caldwell County, within the Austin-San Antonio Corridor, the development site sits along State Highway 142 and provides access to State Highway 130 and Interstate 35 via Highway 80. Stretching 90 miles in the geographical center of Texas, the corridor is an intermodal hub for internal commerce between North and South America “and will continue to grow in importance as planned highway, air, freight, and commuter rail projects develop,” the company said.

“We are pleased to continue our support in this expanding region where we know there is high demand for land for real estate, industrial and commercial development,” said David Peter, executive vice president of special projects. “With all our partners, like SafeHand Holdings, we are committed to creating sustainable communities that stand the test of time for present and future generations.”

Walton Global is a privately-owned, land asset management and global real estate investment company that concentrates on the research, acquisition, administration, planning, and development of land. The company manages and administers $3.6 billion in assets on behalf of its global investors located in 73 countries, builders and developers and industry partners. Walton has more than 97,000 acres of land under ownership, management and administration in the United States and Canada with business lines ranging from exit-focused pre-development land investments, builder land financing and build-to-rent.

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