Harry Adams Of McCombs Enterprises Sells 130-Acre Development Site In Rockport To Southerland Communities

The asset involved in the transaction is a development site located at 119 Reserve Ln in Rockport, TX, encompassing approximately 130 acres. The site is part of a waterfront residential development known as The Reserve at St. Charles Bay, which features 120 privately owned homes. The development site was sold to a Texas-based company aimed at expanding residential offerings and amenities in the area.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Undisclosed
• Address: 119 Reserve Ln
• Market: Rockport, TX
• Acreage: 130
• Buyer: Jay Patterson & Dan Mullins - Southerland Communities
• Seller: Harry Adams - McCombs Enterprises

This transaction involved Jay Patterson and Dan Mullins representing Southerland Communities as the buyers, while Harry Adams represented McCombs Enterprises as the seller. Southerland Communities is set to enhance the existing development with additional homes and amenities in the future, continuing the growth of the waterfront residential community.