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Fidelis Realty Partners Acquires 33 Acres In New Caney From Castle Hills Partners For Development

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SOLD

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Development Site
Sold 11/18/2024
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Fidelis Realty Partners Acquires 33 Acres In New Caney From Castle Hills Partners For Development

Development Site
Sold 11/18/2024

Summary

Asset Type:Development Site
Transaction Type:Sale

The transaction involves a 33-acre development site located in New Caney, northeastern Harris County. The site is intended for the development of a shopping center, which will cater to the growing community within the master-planned development known as The Trails. The area is noted for its combination of residential homesites and outdoor amenities.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not specified
  • Buyer: Alan Hassenflu - Fidelis Realty Partners
  • Seller: David Arnow & Victor Ayad - Castle Hills Partners
  • Date of Transaction: 11/18/2024
  • Market: New Caney
  • Acres: 33

Fidelis Realty Partners is represented by Alan Hassenflu in this transaction, while the sellers, David Arnow and Victor Ayad, are represented by Castle Hills Partners. The development is part of a larger 1,400-acre master-planned area designed to accommodate a growing population and enhance local retail options.

Details

SOLD
IMAGE: Alan Hassenflu, David Arnow & Victor Ayad DATE: 11/18/2024 MARKET: New Caney ASSET TYPE: Development Site ~ ACRES: 33 BUYER: Alan Hassenflu - Fidelis Realty Partners SELLER: David Arnow & Victor Ayad - Castle Hills Partners NOTE: Fidelis Realty Partners acquired 33 acres in northeastern Harris County from Castle Hill Partners to develop a shopping center serving the expanding community within Castle Hills’ The Trails. The 1,400-acre master-planned development in New Caney, which includes homesites and outdoor amenities, is set to benefit from the retail addition as the area continues to grow. #

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