Kaufman Economic Development Corp. Acquires 105 Acres In Kaufman, Texas For $2.75M

The Kaufman Economic Development Corp. (KEDC) has acquired 105 acres of land in Kaufman, Texas, expanding their total site to 145 acres along U.S. Highway 175. The purchase price for the land was $2,750,000. The KEDC aims to attract a major corporate user to the site, with a focus on industries like advanced manufacturing and data centers. The land is valued at $340 million in potential capital investment.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $2,750,000
• Address: US Highway 175, Kaufman, Texas
• Market: Kaufman
• Acres: 105

The buyer, The Kaufman Economic Development Corp. (KEDC), was represented by Stewart McGregor and Charles Gillenwater. The seller, Trinity Valley Community College Foundation (TVCC), was represented by Jason Morrison. The brokers involved in the transaction were Milton Black and Tom Allison from Range Realty Advisors.