Walton Global, an Arizona-based real estate investment and land asset management company and sponsor of private placement investments, has sold over 1,515 acres in Caldwell County, Texas, to Tract Management Company. This strategically located site is well-positioned, according to Walton Global, to anchor a growing digital ecosystem in the fast-growing Austin-San Antonio corridor.
“Demand for digital infrastructure is growing rapidly, with major technology companies increasingly establishing their presence here,” said Rob Nixon, senior vice president of real estate for Walton Global in Texas. “Tract Management’s impressive track record in developing responsible and sustainable data centers makes them a great fit for Caldwell Valley.”
Caldwell Valley is divided into two adjacent parcels. The first parcel, sprawling 1,088.37 acres, offers direct frontage along Highway 235 and Highway 230. The second parcel, consisting of 426.85 acres, contains frontage along Highway 270. According to the company, these parcels provide exceptional access and proximity to critical infrastructure, further enhancing their appeal for future development.
According to Walton Global, it continues to be a key player in the Austin-San Antonio metropolitan statistical area. This sale is just the latest in a series of transactions for Walton. Last month, the company both announced the sale of nearly 82 acres within Grayson County, Texas, to Centurion American Development Group, a Texas-based real estate developer; and acquired 86 single-family lots in Florida. Similarly, in March, the company launched its $4.5 million Florida Growth 1 DST.
Walton Global is a privately-owned, land asset management and global real estate investment company with more than 80,000 acres of land under ownership, management and administration in the United States and Canada, totaling $4.53 billion. Globally, a total of $2.67 billion has been distributed to investors located in 92 countries.
For more Walton news, please visit their directory page.
Read the full article here