Dallas, Texas – An investment group formed by Dallas based International Capital, LLC has acquired approximately 297 acres of vacant land on the north-east and south-east corners of U.S. Highway 380 and Boorman Lane in Princeton, Texas. The property provides a mile of frontage along the north and south side of U.S. Highway 380. As the population growth in the Princeton market area continues to explode, the demand for all types of new services is constantly increasing. A new Walmart Supercenter opened in May 2016. This planned new development will include single-family residential, multi-family, commercial/retail, hospitality and medical developments. Sites will become available soon for both developers and users. Ron Thomas with International Capital, LLC represented the purchaser, Ken Reimer with Venture Commercial the seller.
ABOUT THE COMPANY
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 25 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.