Dallas, TX, March 21, 2013 --(PR.com
)-- CASE Commercial Real Estate Partners (CASE) is pleased to announce the sale of 185 acres of vacant land at the southwest corner of County Road 400 and Sheamar Lane (County Road 447) in Princeton, Texas. Zoned single-family residential, the property is primed for development in one of the metro area’s popular outward migration locations with a 96 percent growth rate between 2000 and 2010.
CASE’s Land Services Team of Bruce Endendyk, managing director, John Endendyk, senior director, and Collin Prater, associate, marketed the asset on behalf of the seller, MAS Real Estate. The property was sold for an undisclosed amount to 35 W Investments.
The site is approximately five miles east of McKinney and an estimated 30 miles north of Dallas. Situated in the eastern part of Collin County, one of the nation’s fastest growing counties, the property is surrounded by retail and residential development stimulated by nearby Lake Lavon, one of Dallas’ larger recreational bodies of water.
About CASE Commercial Real Estate Partners
Founded in 1986, CASE Commercial Real Estate Partners is an independent full service commercial real estate firm headquartered in Dallas, TX with offices in Fort Worth, Austin, Houston, and San Antonio. CASE provides tenant representation, global corporate services, property management and leasing, lease administration, construction and project management, investment sales, development advisory, and sustainable workplace, among other specialized client services. Globally, CASE is part of the TCN Worldwide organization of independent commercial real estate firms providing complete integrated real estate solutions locally and internationally. With approximately $20.7 billion in annual transactions and over 80 million square feet of space under management, the organization ranks as one of the largest service providers in the industry. For more information, visit www.casecre.com.