The sale of a development site in South Arlington has closed on May 13, 2022. The property, located at 1011 Mineral Springs Rd., spans over 8.577 acres. The transaction was facilitated by Wayne Burgdorf of SVN Trinity Advisors, representing the seller, while the buyer was represented by LIV Realty. The sale involved an in-depth investigation and environmental clearance during the feasibility period. The buyer intends to redevelop the property in the future.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: 1011 Mineral Springs Rd., South Arlington
• Market: South Arlington
• Asset Type: Development Site
• Size: 8.577 acres

LIV Realty, based in Dallas, acted as the buyer's representative in the transaction. They worked alongside the seller's representative, Wayne Burgdorf of SVN Trinity Advisors, to facilitate the successful sale. The deal closed after the feasibility period, which allowed for comprehensive investigations into the property's conditions and obtaining necessary environmental clearances. The buyer's plans for the property's redevelopment will now move forward under their guidance.