Dhanani Private Equity Group Acquires 173 Acres In Willis Texas For Residential Development

The transaction involves a development site located at 13093 Browder Traylor Road in Willis, Texas, encompassing 173 acres. The site is poised for a new residential development with plans to include over 568 homesites, featuring lot sizes ranging from 40 to 50 feet.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: 13093 Browder Traylor Road
• Market: Willis
• Acreage: 173
• Buyer: Dhanani Private Equity Group - Nick Dhanani
• Seller: Byron & Laura Lee
• Buyer’s Representative: Huntley Grichor - Red Key Properties
• Seller’s Representative: Trey Kirby - Riverstone Companies

Dhanani Private Equity Group, led by Nick Dhanani, has secured the purchase of the property with representation from Huntley Grichor of Red Key Properties, while the sellers, Byron and Laura Lee, were represented by Trey Kirby of Riverstone Companies.