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Ersa Grae Corporation Acquires 347.69 Acres Of Land In Magnolia

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SOLD
Chris Hutcheson
James Kadlick
Harrison Kane

Texas

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Land
Sold 06/06/2024
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Property Image
SOLD

Ersa Grae Corporation Acquires 347.69 Acres Of Land In Magnolia

Riley Road & Farm to Market Road 1774

See Similar Deals
Land
Sold 06/06/2024
Chris Hutcheson
James Kadlick
Harrison Kane
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Land
Transaction Type:Sale

The sale involved 347.69 undeveloped acres located near Magnolia, TX at the intersection of Riley Road and FM 1774. The property was purchased by Reza Ebrahimi of Ersa Grae Corporation, with the transaction facilitated by Colliers.

Summary of transaction details:

Colliers played a crucial role in representing both the buyer, Ersa Grae Corporation, and the seller in the transaction. Ersa Grae Corporation plans to develop a high-quality master planned community in Magnolia in collaboration with Avanti Properties Group, known for their expertise in building quality subdivisions.

Players

James Kadlick
Colliers
James Kadlick
17 deals
BROKER
Harrison Kane
Colliers
Harrison Kane
17 deals
BROKER
Chris Hutcheson
Colliers
Chris Hutcheson
15 deals
BROKER

Details

SOLD
IMAGE: Reza Ebrahimi, Chris Hutcheson, Harrison Kane & James Kadlick DATE: 06/06/2024 ADDRESS: Riley Road & FM 1774 MARKET: Magnolia ASSET TYPE: Land ~ ACRES: 347.69 BUYER: Reza Ebrahimi - Ersa Grae Corporation BROKERS: Chris Hutcheson, Harrison Kane & James Kadlick (@JamesKadlick) - Colliers (@ColliersInternational) NOTE: Colliers facilitated the sale of 347.69 undeveloped acres near Magnolia, TX, to Ersa Grae Corporation, represented by James Kadlick, Chris Hutcheson, and Harrison Kane of Colliers. Ersa Grae Corporation aims to bring value to the Magnolia area by developing a high-quality master planned community in partnership with Avanti Properties Group, leveraging their expertise in creating subdivisions known for quality.

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