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Century Communities Acquires 46 Acres In La Marque, Texas From Local Investor

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SOLD

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Land
Sold 05/14/2024
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Century Communities Acquires 46 Acres In La Marque, Texas From Local Investor

Land
Sold 05/14/2024
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Summary

Asset Type:Land
Transaction Type:Sale

An approximately 46 undeveloped acres of land located on Main Street in La Marque, Texas, was recently sold to Century Communities for the development of a single-family subdivision. The seller, a local investor, took advantage of Houston's undersupplied lot market and robust population growth to secure this transaction.

Summary of transation details:

Colliers International played a key role in facilitating the sale of the undeveloped acres. The presence of Harrison Kane, Chris Hutcheson, and James Kadlick as the brokers representing the local investor seller highlights the expertise and strategic approach taken in the transaction. The interest from builders in acquiring land for new subdivisions in the Greater Houston area further showcases the potential for development in the region.

Players

James Kadlick
17 deals
BROKER

Harrison Kane
Colliers
17 deals
BROKER

Chris Hutcheson
Colliers
15 deals
BROKER

Details

SOLD
IMAGE: Chris Hutcheson, Harrison Kane & James Kadlick DATE: 05/14/2024 ADDRESS: Main Street MARKET: La Marque ASSET TYPE: Land ~ ACRES: 46 BUYER: Century Communities BROKERS: Chris Hutcheson, Harrison Kane & James Kadlick (@JamesKadlick) - Colliers International (@ColliersInternational) NOTE: Colliers facilitated the sale of approximately 46 undeveloped acres on Main Street in La Marque, Texas, to Century Communities, who intends to develop a single-family subdivision on the site. Represented by Harrison Kane, Chris Hutcheson, and James Kadlick, the local investor seller capitalized on Houston's undersupplied lot market and robust population growth, highlighting ongoing interest from builders in acquiring land for new subdivisions in the Greater Houston area.

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