Walton Completes Land Sales for Oakridge Phase 5
Oakridge is 25th Texas land syndication completed by Walton
CALGARY, Alberta (PRWEB) July 9, 2009 -- Walton International Group Inc. announced today the successful completion of land sales in Walton's Oakridge Phase 5 project.
On June 1 2009, Walton completed the sale of undivided interests in land located in Texas known as Oakridge Phase 5, to 465 purchasers, for an aggregate purchase price of $7,520,000 USD.
Located in Hays County, Texas, the Oakridge Phase 5 project is strategically situated in the Austin - San Antonio corridor and is adjacent to Interstate 35. The property is part of a master planned community informally known as Camino Real.
Walton has been researching and participating in North American real estate investment markets for thirty years. To date, Walton and its affiliates have completed the syndication of 25 land projects in Texas, encompassing a total of approximately 7,930 acres of land.
So far in 2009, Walton has announced the completed syndication of 11 projects in Texas, Arizona, Georgia and Ontario. This Oakridge Phase 5 project closing follows announcements of completed land syndications for the Ottawa Region Limited Partnership, Walton AZ Toltec LP/LLC, Camino Real Phase 1, Phoenix Sawtooth View 1, Walton Bluff Springs Land, LP, Walton AZ Silver Reef LP 3, Walton GA Arcade Meadows LP 1, Roseburgh Phase 1, Walton West Palmilla LP and Arcade Meadows Phase 1 projects.
About Walton: Walton International Group Inc. and the other members of the Walton group of companies constitute one of North America's leading land-based real estate investment groups. Over the past 30 years, Walton firms have acquired more than 50,000 acres of quality land strategically located in the development path of some of North America's leading urban growth areas. Walton companies are innovative leaders in the research, selection, acquisition, syndication, planning, development management and sale of land, having to date syndicated over USD $1.9 billion of land (CAD $2.1 billion) in Alberta, Ontario, Arizona, Texas and Georgia with over 55,300 investors and clients.
For more information, please visit www.waltoninternational.com.
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