Share:

Crow Holdings and James R. Harris Partners Sell 389 Acres of Land

11/3/2020
Crow Holdings and James R. Harris Partners announced today the sale of 389 acres of land in West Forth Worth, Texas.

Vista West

Chris Harden and Ryan Duffie of Cushman & Wakefield represented Crow Holdings and James R. Harris Partners in the transaction, and LGI Homes acquired the land.

LGI Homes, the 10th largest homebuilder in the U.S. according to Builder Magazine, plans to develop a six-phase master-planned community with a total of 1,225 single-family homes. Home price points are estimated to be between $230,000 and $280,000, with the first phase available in the fourth quarter of 2021 or the first quarter of 2022.

“In Dallas-Fort Worth, brand new single-family homes are hard to come by at this price point,” Duffie said. “With current limited availability, these homes are expected to generate significant interest.”

Located at the northwest intersection of Interstates 820 and 30, the new development is a few miles east of Walsh Ranch, a 7,200-acre master-planning community.

“The property benefits from outstanding accessibility and connectivity as it’s conveniently located off Interstate 30 allowing future residents direct access to major employment, medical and entertainment hubs including downtown Fort Worth, JPS Hospital, Lockheed Martin, West 7th, Sundance Square and the Fort Worth Stockyards,” Harden added.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

 

Media Contact

Savannah Durban Atlanta Communications
Savannah Durban

Senior Communications Specialist, South Region • Atlanta

Ms. Durban leads public relations for Cushman & Wakefield's South region. She oversees media relations, thought leadership initiatives, and manages blogs and social media.