J. Alan Kent Development Acquires Development Site From Radha Soami Society Beas America In Waller, Texas

The property involved in the transaction is a development site located at 0 Hegar Springs Parkway in Waller, Texas. The asset encompasses 9,888,120 square feet, suitable for future development projects.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: 0 Hegar Springs Parkway
• Market: Waller, Texas
• Asset Size: 9,888,120 SF
• Buyer: J. Alan Kent Development
• Seller: Radha Soami Society Beas America
• Buyer's Representatives: David Alexander & Josh Cheatham - Newcor Commercial Real Estate

The deal was facilitated by the buyer's representatives, David Alexander and Josh Cheatham from Newcor Commercial Real Estate. The site will be developed into a subdivision, with phase 1 planned to consist of roughly 255 lots of varying sizes, including 50', 60', 70', and half-acre lots.