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HFO Waterside Acquires 5 Acres In Fort Worth From Trademark Property Company For Office Development

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SOLD

Texas

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Land
Sold 11/11/2024
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HFO Waterside Acquires 5 Acres In Fort Worth From Trademark Property Company For Office Development

3700 Vision Dr

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Land
Sold 11/11/2024
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Summary

TEXAS
Asset Type:Land
Transaction Type:Sale

The property asset involved in the transaction is a 5-acre land parcel located at 3700 Vision Drive in Fort Worth. The asset is intended for commercial development, specifically to host a family office building for the Horton family. Future development plans may encounter challenges related to easements and setbacks from the Trinity River levee.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: Not disclosed
  • Asset Size: 5 acres
  • Market: Fort Worth
  • Buyer: HFO Waterside - Douglas Reagan Horton - D.R. Horton
  • Seller: Terry Montesi - Trademark Property Company
  • Buyer's Representative: Jordan Johnson - LanCarte Commercial Real Estate
  • Seller's Representative: Kirk Kelly - Transwestern

The transaction features notable individuals and entities, including Douglas Reagan Horton, who represents the buyer, and Terry Montesi, who represents the seller. The buy-side is represented by Jordan Johnson from LanCarte Commercial Real Estate, while Kirk Kelly from Transwestern acts as the seller's representative.

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1 deal(817) 437-2761
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Details

SOLD
IMAGE: Douglas Reagan Horton, Terry Montesi, Jordan Johnson & Kirk Kelly DATE: 11/11/2024 ADDRESS: 3700 Vision Drive MARKET: Fort Worth ASSET TYPE: Land ~ ACRES: 5 BUYER: HFO Waterside - Douglas Reagan Horton - D.R. Horton (@DRHorton) SELLER: Terry Montesi - Trademark Property Company BUYER'S REP: Jordan Johnson - LanCarte Commercial Real Estate (@LanCarteCommercial) SELLER'S REP: Kirk Kelly (@DFWRealestate_KirkandBlake) - Transwestern (@Transwestern) NOTE: An entity tied to D.R. Horton has purchased 5 acres near the Waterside shopping center in Fort Worth with plans to build an office building. The land, bought from Trademark Property Company, will house a family office building for the Horton family, although development may face challenges due to easements and setbacks from the Trinity River levee.

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