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Memorial Hermann Health System Acquires 40 Acres Development Site In Waller From Wolff Co

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SOLD

Texas

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Development Site
Sold 07/28/2025
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Property Image
SOLD

Memorial Hermann Health System Acquires 40 Acres Development Site In Waller From Wolff Co

Development Site
Sold 07/28/2025
the dealdetailscomps

Summary

Asset Type:Development Site
Transaction Type:Sale

The transaction involves a 40-acre development site located at U.S. Highway 290 in Waller, Texas. The property is part of the Beacon Hill development, which spans 587 acres and is currently undergoing growth due to significant investments. Infrastructure improvements and highway access enhancements are being implemented in the area to support development.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not specified
  • Address: U.S. Highway 290
  • Market: Waller
  • Acreage: 40
  • Buyer: Jerry Ashworth - Memorial Hermann Health System
  • Seller: David Wolff - Wolff Co

The buyer, Jerry Ashworth, represents Memorial Hermann Health System, which acquired the site for potential future expansion, aligning with the broader growth of the area. The seller, David Wolff, is affiliated with Wolff Co, which facilitated the transaction. The region has experienced major investments from notable firms such as Long Lake Limited and Hines.

Players

WC
Wolff Co
SELLER
WC
Wolff Co
SELLER

Details

SOLD
IMAGE: Jerry Ashworth & David Wolff DATE: 07/28/2025 ADDRESS: U.S. Highway 290 MARKET: Waller ASSET TYPE: Development Site ~ ACRES: 40 BUYER: Jerry Ashworth - Memorial Hermann Health System SELLER: David Wolff - Wolff Co NOTE: Memorial Hermann Health System acquired 40 acres in Beacon Hill, a 587-acre development in Waller, TX, for potential future expansion as the area experiences rapid growth.The master-planned community has seen major investments from Long Lake Limited and Hines, with infrastructure improvements and highway access enhancements underway.

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